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Sep 30, 2023
Xpel Q3 2023 Earnings Report
XPEL's revenue increased by 14.4% to $102.7 million, with net income growing by 2.5% to $13.7 million in Q3 2023.
Key Takeaways
XPEL reported a record revenue of $102.7 million in Q3 2023, a 14.4% increase compared to the same quarter last year. Net income also saw a slight increase of 2.5%, reaching $13.7 million, or $0.49 per share. The company's gross margin percentage improved to 40.4%.
Revenues increased 14.4% to $102.7 million in the third quarter.
Gross margin percentage improved to 40.4% in the third quarter.
Net income grew 2.5% to $13.7 million, or $0.49 per share.
EBITDA grew 4.1% to $19.7 million, or 19.2% of revenues.
Revenue by Segment
Forward Guidance
The Company will host a conference call and webcast today, November 8, 2023 at 11:00 a.m. Eastern Time to discuss the Company’s third quarter 2023 results and conditions, including our fourth quarter outlook.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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