XPEL, Inc. (XPEL) reported that its fourth quarter net income increased 43.2% to $12.0 million, or $0.43 per share, from net income of $8.4 million, or $0.30 per share in the fourth quarter of 2022. Analysts polled by Thomson Reuters expected the company to report profit per share of $0.48, for the quarter. Analysts' estimates typically exclude special items.
Fourth quarter revenue increased 34.5% to $105.5 million compared to fourth quarter 2022. Analysts on average had estimated $96.63 million in revenue.
For 2024, the company expects annual revenue growth of approximately 15%.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.