XPEL Q2 Revenue Jumps 14.7% on China Surge, Guides Q3 Above Views
XPEL sits 52% above its 52-week low of $31.5 on elevated volume (1.8× avg).
Summary
XPEL delivered a strong Q2, with revenue rising 14.7% to $143.1M, beating the $135.1M consensus. Adjusted EPS climbed to $0.68 from $0.59 a year ago, and gross margin expanded to 44.1%. The standout was China, where revenue more than doubled, and Asia Pacific surged 68.3%. Q3 guidance of $137M-$139M also came in above expectations. This follows the $110M manufacturing expansion announced in May and the San Antonio facility acquisition, signaling the company is scaling to meet demand. The results reinforce the growth narrative, particularly in international markets.
At the time of this announcement, XPEL was trading at $48.01 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $1.3B. The 52-week trading range was $31.50 to $55.91. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.