XPEL(XPEL) - 2024 Q1 - Quarterly Results
XPELXPEL(XPEL)2024-05-02 20:01

Ex. 99.1 XPEL Reports First Quarter Results San Antonio, TX – May 2, 2024 – XPEL, Inc. (Nasdaq: XPEL) (the "Company"), a global provider of protective films and coatings, announced consolidated results1 for the first quarter and year ended March 31, 2024. First Quarter 2024 Overview: • Revenue increased 5.0% to 90.1millioncomparedtothefirstquarterof2023.Grossmarginof42.090.1 million compared to the first quarter of 2023. • Gross margin of 42.0% for the quarter. • Net income decreased 41.7% to 6.7 million, or $0.24 per basic and diluted share, versus net income of ...