NASDAQ$XPEL
Xpel Inc · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
XPEL's revenue increased and gross margin improved in the first quarter of 2020.
XPEL reported a 14.8% increase in revenue to $28.4 million for the first quarter of 2020. Gross margin improved to 36.3%. Net income was $1.6 million or $0.06 per share.
- Revenues increased 14.8% to $28.4 million compared to first quarter 2019.
- Gross margin improved to 36.3% compared to 33.0% in the same quarter of 2019.
- The Company incurred approximately $0.4 million in foreign currency exchange losses.
- The Company posted strong revenue growth in most of its regions, with global revenue growth of 30% excluding China.
Headline financials
Revenue & EPS history
Xpel · Revenue · Quarterly
$28.4M
Revenue by segment
Xpel · $103M total across 2 segments · Q3 2023
- Product revenue$81.1M+11.7%79.0%
- Service revenue$21.6M+25.7%21.0%
Forward guidance
The company experienced the impact of COVID-19 early in the first quarter with its large China business, has taken aggressive steps to safeguard the team while managing through the crisis, has seen a rebound in its China business, and remains optimistic that it will see continued recovery in other regions coming out of the peak COVID-19 impact.
Tailwinds
- Rebound in China business
- Optimism for continued recovery in other regions
Headwinds
- Impact of COVID-19 early in the first quarter with large China business.
- Foreign currency exchange losses resulting from currency fluctuations late in the quarter in response to the spread of COVID-19.
- Net costs related to its annual XPEL Dealer Conference held in the first quarter this year but held in the second quarter last year.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2020
+6.2%
Avg return
Earnings day
+6.8%
Avg return
5 days after
+10.8%
Avg return
30 days after
67%
18 / 27 earnings
Positive
+40.1%
Q2 2024
Best reaction
-40.4%
Q1 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.9% | -6.6% | +1.3% | |
| Q4 2025 | -6.8% | -14.8% | -19.9% | |
| Q3 2025 | +0.7% | +10.5% | +40.6% | |
| Q1 2025 | +14.2% | +25.6% | +25.3% | |
| Q4 2024 | -14.6% | -24.7% | -23.4% | |
| Q3 2024 | +6.2% | +7.6% | +7.8% | |
| Q2 2024 | +40.1% | +42.0% | +32.7% | |
| Q1 2024 | -40.4% | -40.2% | -29.4% | |
| Q4 2023 | -4.7% | -5.1% | -4.3% | |
| Q3 2023 | -13.0% | -9.3% | -1.8% | |
| Q2 2023 | -0.5% | +5.2% | -5.9% | |
| Q1 2023 | +8.0% | +6.9% | +8.4% | |
| Q4 2022 | -14.9% | -13.3% | -14.0% | |
| Q3 2022 | +4.2% | +5.1% | -1.0% | |
| Q2 2022 | +24.1% | +30.1% | +6.1% | |
| Q1 2022 | +11.2% | +12.9% | +19.3% | |
| Q4 2021 | -3.5% | -18.7% | -20.2% | |
| Q3 2021 | +4.9% | -0.4% | -5.1% | |
| Q2 2021 | +1.9% | -9.9% | -9.5% | |
| Q1 2021 | +10.7% | +19.4% | +41.8% | |
| Q4 2020 | +15.0% | +11.9% | +5.9% | |
| Q3 2020 | +6.9% | +19.6% | +50.6% | |
| Q2 2020 | +38.0% | +37.8% | +15.8% | |
| Q1 2020 | +10.2% | +20.9% | +35.3% | |
| Q4 2019 | +15.7% | +4.9% | +20.8% | |
| Q3 2019 | +27.3% | +36.9% | +44.4% | |
| Q2 2019 | +28.1% | +28.1% | +69.2% | |
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