XPEL, Inc. (XPEL) Tops Q1 EPS by 4c
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XPEL Reports Record Revenue of $71.9 Million in First Quarter 2022; Revenue Growth 38.6%; Gross Margin 38.6%
May 10, 2022 8:30 AM EDTSAN ANTONIO--(BUSINESS WIRE)-- XPEL, Inc. (Nasdaq: XPEL) a global provider of protective films and coatings, today announced results for the first quarter ended March 31, 2022.
First Quarter 2022 Highlights:
Revenues increased 38.6% to a record $71.9 million in the first quarter. Gross margin percentage improved to 38.6% in the first quarter, a new high for the Company. Net income grew 14.0% to $7.8 million, or $0.28 per share, compared to $6.8 million, or $0.25 per share, in the same quarter of 2021. EBITDA (Earnings Before Interest,... More