XPEL Reports Q1 Revenue of $117.4M, EBITDA of $17M, and 43.7% Gross Margin
XPEL sits 72% above its 52-week low of $29.14.
Summary
XPEL, Inc. announced its first-quarter results, reporting revenue of $117.4 million, EBITDA of $17 million, and a gross margin of 43.7%. These specific financial metrics provide the initial performance indicators for the current fiscal year. While the headline does not include analyst expectations or year-over-year comparisons, these figures are material for investors to assess the company's operational health and growth. Traders will be evaluating these numbers against their models to determine if the company is on track with its annual projections, which could influence short-term stock movements. Investors will now await the full earnings report and management's commentary for further context and guidance.
At the time of this announcement, XPEL was trading at $50.01 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $1.4B. The 52-week trading range was $29.14 to $55.91. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Reuters.