XPEL, Inc. (NASDAQ:XPEL) saw its stock soar 9.51% in pre-market trading on Tuesday, following the release of its impressive first-quarter 2025 financial results and the announcement of a new stock repurchase program. The company's performance significantly exceeded analyst expectations, demonstrating robust growth across key metrics.
For Q1 2025, XPEL reported earnings per share of $0.31, surpassing the analyst consensus estimate of $0.27 by 14.81%. This represents a 6.9% increase from the $0.29 per share reported in the same period last year. The company's quarterly sales reached $103.81 million, beating the analyst consensus estimate of $97.40 million by 6.58% and marking a 15.21% year-over-year increase. Net income grew by an impressive 28.8% compared to the previous year, reaching $8.6 million.
Adding to the positive sentiment, XPEL provided strong guidance for Q2 2025, projecting revenue between $117 million and $119 million. The company also announced a $50 million stock repurchase program, signaling confidence in its financial position and commitment to enhancing shareholder value. With a solid gross margin of 42.3% and EBITDA of $14.4 million for Q1, XPEL's financial performance and forward-looking initiatives appear to be driving investor enthusiasm in the pre-market session.