secwatch.observer — SEC 8-K summary
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Issuer:     XPEL, Inc. (XPEL)
CIK:        0001767258
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001767258-24-000040
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

XPEL reports record Q3 revenue of $112.9M, up 9.9% YoY; net income $14.9M
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- Revenue $112.9M (+9.9% YoY); gross margin 42.5% vs 40.4% a year ago.
- Net income $14.9M ($0.54 diluted EPS) vs $13.7M ($0.49) in Q3 2023.
- EBITDA $21.7M, up 10.0% YoY; margin unchanged at 19.2% of revenue.
- US revenue record $64.6M (+9.4% YoY); China sales fell 11.6% YoY.
- Q4 2024 revenue guided at $105-107M; US growth ~10% offset by China decline.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1767258/000176725824000040/0001767258-24-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1767258/000176725824000040/xpel-20241107.htm
  HTML page:      https://secwatch.observer/filing/0001767258-24-000040

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer