XPEL Reports First Quarter Results

SAN ANTONIO--(BUSINESS WIRE)--XPEL, Inc. (Nasdaq: XPEL) (the "Company"), a global provider of protective films and coatings, announced consolidated results1 for the first quarter and year ended March 31, 2024. First Quarter 2024 Overview: Revenue increased 5.0% to $90.1 million compared to the first quarter of 2023. Gross margin of 42.0% for the quarter. Net income decreased 41.7% to $6.7 million, or $0.24 per basic and diluted share, versus net income of $11.4 million, or $0.41 per basic and d