The automotive protection film maker reported first-quarter results exceeding analyst expectations by $0.01 per share and $4.3M in revenue.
XPEL posted first-quarter GAAP earnings of $0.37 per share, surpassing estimates by $0.01. Revenue reached $117.4M, beating forecasts by $4.3M.
Analysts had anticipated $0.36 per share on $113.1M in revenue for the period. The company’s performance reflects continued demand for its protective film and paint solutions.
Shares showed modest movement in after-hours trading following the release.