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Sep 30, 2022
Xpel Q3 2022 Earnings Report
XPEL's revenue increased by 31.0% to a record $89.8 million, with net income growing by 59.9% to $13.3 million.
Key Takeaways
XPEL reported strong third-quarter results, with revenue reaching a record $89.8 million, a 31.0% increase year-over-year. Gross margin improved to 39.8%, and net income grew by 59.9% to $13.3 million.
Revenues increased 31.0% to a record $89.8 million.
Gross margin percentage improved to 39.8%, a new high for the Company.
Net income grew 59.9% to $13.3 million, or $0.48 per share.
EBITDA grew 66.0% to $18.9 million, or 21.1% of revenues.
Revenue by Segment
Forward Guidance
The company looks forward to continuing to build on this momentum as they close out the year.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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