XPEL, Inc. Provides Revenue Guidance for Third Quarter and Full Year 2022
August 09, 2022 at 11:00 am EDT
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XPEL, Inc. provided revenue guidance for third quarter and full year 2022. The company expects revenue for third quarter in the $85 million range, plus or minus, which represents improvement in China and increased headwinds from continuing strong U.S. dollar.
The company estimating 2022 annual revenue growth to be in the 25% to 28% range.
XPEL, Inc. is a provider of protective films and coatings, including automotive paint protection film, surface protection film, automotive and architectural window films, and ceramic coatings. The Company also provides installation services for its products through multiple channels. Paint protection film, its flagship product, is a self-adhesive, clear film designed to be applied to painted surfaces of automobiles and other surfaces. It sells several lines of automotive window films, primarily under the XPEL PRIME brand name. It sells architectural glass solutions for commercial and residential buildings under the VISION brand name, representing its product set with a fully non-automotive use. Its architectural window films come in several categories, including solar, safety and security, and other. It sells a hydrophobic, self-cleaning coating that can be applied to a variety of surface types for automobiles, aircraft and marine applications. It offers a Design Access Platform.
XPEL, INC. 
