Every material Form 8-K XPEL filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
XPEL reported third-quarter 2024 revenue of $112.9 million, up 9.9% from a year earlier, and net income of $14.9 million, or $0.54 per share, up 9.1%. For the first nine months, net income fell to $36.6 million, or $1.32 per share, from $40.8 million, or $1.48 per share, and the company estimated fourth-quarter revenue at $105 million to $107 million. The results are preliminary and unaudited until the Form 10-Q, expected on or before November 8, 2024.
Q3 2024 revenue $112.9 million, up 9.9%; gross margin 42.5% versus 40.4%
Q3 2024 net income $14.9 million, or $0.54 per share, versus $13.7 million, or $0.49 per share
Nine-month net income $36.6 million, or $1.32 per share, versus $40.8 million, or $1.48 per share in 2023
Q4 2024 revenue estimated at $105 million to $107 million, assuming US growth of about 10%
XPEL reported second-quarter 2024 results on August 8, 2024, with revenue up 7.5% to $109.9 million, which the company called a record. Net income fell 4.5% to $15.0 million, or $0.54 per share, from $15.7 million, or $0.57 per share, a year earlier, and the company kept its 2024 annual revenue growth projection at 8-10%. Revenue growth was offset by higher operating expenses, and the results are preliminary and unaudited until the Form 10-Q, expected on or before August 9, 2024.
Q2 2024 revenue of $109.9 million, up 7.5% from $102.2 million in Q2 2023
Net income of $15.0 million, or $0.54 per diluted share, versus $15.7 million, or $0.57, a year earlier
EBITDA of $21.8 million, or 19.9% of revenue, versus $22.4 million, or 21.9%, in Q2 2023
China revenue fell 45.7% to $4.4 million; 2024 annual revenue growth projection remains 8-10%
XPEL reported first-quarter 2024 results for the three months ended March 31, with revenue up 5.0% to $90.1 million but net income down 41.7% to $6.7 million. The company cut its annual revenue growth projection to 8-10% from 15%, and management attributed the weakness mainly to slower US aftermarket demand, port delays, and lower China sales. Shareholders face weaker profitability and a lower growth outlook, though management said April showed some momentum.
Revenue rose 5.0% to $90.1 million; net income fell 41.7% to $6.7 million, or $0.24 per diluted share, versus $0.41 a year earlier
About $1.6 million of annual dealer conference costs fell in Q1 2024, versus Q2 in 2023; normalized net income would have declined 30.7%
2024 annual revenue growth projection revised to 8-10% from 15%; China revenue fell 78.2% to $1.5 million
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every XPEL filing is on SEC EDGAR ↗. 8-K briefs of other companies →