XPEL Reports Revenue of $107.5 million in Fourth Quarter 2024
1. XPEL reported 1.9% revenue increase to $107.5 million for Q4 2024. 2. Excluding China, revenue growth was 10.5%, with a gross margin of 40.6%.
1. XPEL reported 1.9% revenue increase to $107.5 million for Q4 2024. 2. Excluding China, revenue growth was 10.5%, with a gross margin of 40.6%.
Despite minor growth, the exclusion of China shows strong underlying performance. Historical trends suggest resilience during geopolitical fluctuations boosts investor confidence.
Quarterly earnings are crucial for evaluating financial health and attracting investors. Positive revenue figures amplify prospects for XPEL's market position.
Positive quarterly results can lead to immediate market reactions like upward price momentum. Similar past performances generally correlated with sharp stock price increments post-announcement.