Xpel rises on better-than-expected Q1 revenue

XPEL

09/05/2023 16:49

** Shares of U.S.-based protective films and coatings
provider Xpel Inc  XPEL.O  up 3.5% at $72.84
    ** Co reports Q1 rev of $85.8 mln, above avg analysts'
estimates of $83.6 mln - Refinitiv IBES
    ** Adds gross margin percentage for the quarter was 41.9% 
    ** Reports GAAP income of $0.41/shr, analysts on average
were expecting $0.37/shr
    ** XPEL shares up 21.55% YTD 

 (Reporting by Saikeerthi in Bengaluru)
 ((Saikeerthi@thomsonreuters.com;))