Reports Q4 revenue $78.5M, consensus $84.14M. EBITDA. EBITDA was $13.2M, or 16.8% of revenue, compared to $10M, or 14.2% of revenue in the fourth quarter of the prior year. Ryan Pape, President and Chief Executive Officer of XPEL, commented, "Despite some headwinds in the fourth quarter, there is a lot to be positive about as we look to 2023. We continue to have tremendous momentum in almost all of our regions, particularly the US which grew 31.6% in the quarter. Automakers seem cautiously optimistic about 2023 and new car inventories continue to improve. This momentum has continued and we are off to a great start in 2023."
Published first on TheFly
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