XPEL Reports Revenue of $107.5 million in Fourth Quarter 2024
1. XPEL's Q4 2024 revenue rose 1.9% to $107.5 million. 2. Excluding China, revenue increased 10.5%. Gross margin at 40.6%.
1. XPEL's Q4 2024 revenue rose 1.9% to $107.5 million. 2. Excluding China, revenue increased 10.5%. Gross margin at 40.6%.
The revenue growth of 10.5% excluding China indicates strong demand. Historical trends show revenue growth correlates with stock price increase.
The reported growth and healthy margins suggest an upward price movement for XPEL. Such financial metrics are critical for investor confidence.
The earnings report suggests immediate positive market reactions. Investors often act quickly on new earnings data.