XPEL, Inc. (XPEL) Tops Q2 EPS by 9c
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XPEL Reports Record Revenue of $83.9 Million in Second Quarter 2022; Revenue Growth 22.0%; Gross Margin 39.3%; EBITDA Margin 20.5%
August 9, 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 second quarter and six months ended June 30, 2022.
Second Quarter 2022 Highlights:
Revenues increased 22.0% to a record $83.9 million in the second quarter. Gross margin percentage improved to 39.3% in the first quarter, a new high for the Company. Net income grew 16.8% to $11.9 million, or $0.43 per share, compared to $10.2 million, or $0.37 per share, in the same quarter of 2021. EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) grew 26.6% to $17.2... More