XPEL, Inc. (XPEL) Misses Q4 EPS by 14c
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XPEL Reports Fourth Quarter and 2022 Year End Results
February 28, 2023 8:30 AM ESTSAN ANTONIO--(BUSINESS WIRE)-- XPEL, Inc. (Nasdaq: XPEL) (the "Company"), a global provider of protective films and coatings, announced results for the fourth quarter and year ended December 31, 2022.
Fourth Quarter 2022 Highlights:
Revenue increased 11.9% to $78.5 million compared to fourth quarter 2021. Net income increased 34.7% to $8.4 million, or $0.30 per basic and diluted share, versus net income of $6.2 million, or $0.22 per basic and diluted share in the fourth quarter of 2021. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) grew 32.4% to $13.2 million, or 16.8% of revenue compared to... More