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Dec 31, 2023
Xpel Q4 2023 Earnings Report
XPEL's Q4 2023 earnings report revealed strong revenue growth and improved profitability.
Key Takeaways
XPEL reported a 34.5% increase in revenue to $105.5 million for Q4 2023. Net income increased by 43.2% to $12.0 million, or $0.43 per share. The company's performance was driven by strong growth across end markets and product offerings.
Revenue increased by 34.5% to $105.5 million compared to Q4 2022.
Net income increased by 43.2% to $12.0 million, or $0.43 per share.
China region revenue grew by 166.6%, representing 15.7% of total revenue.
Middle East/Africa region revenue grew by 100.4% year-over-year.
Revenue by Geographic Location
Forward Guidance
The company anticipates annual revenue growth of approximately 15% in 2024.
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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