XPEL Reports Revenue of $107.5 million in Fourth Quarter 2024
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XPEL, Inc. reported a 1.9% increase in revenue to $107.5 million for Q4 2024, with a 10.5% increase excluding China impacts. The company achieved a gross margin of 40.6% but faced a $1.2 million foreign exchange loss.
February 26, 2025 | 1:45 pm
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XPEL reported a slight revenue increase of 1.9% to $107.5 million in Q4 2024, with a significant 10.5% rise excluding China. The gross margin was strong at 40.6%, but the company faced a $1.2 million foreign exchange loss.
The revenue growth, especially excluding China, and strong gross margin are positive indicators for XPEL. However, the foreign exchange loss slightly tempers the positive outlook. Overall, the earnings report is likely to have a positive short-term impact on XPEL's stock price.
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IMPORTANCE 80
RELEVANCE 100