Earnings roundup: Xpel, Alamo Group revenues grow, profits slip

Welcome back to Earnings Roundup, SA Inc’s weekly summary of the latest financial reports from companies of local interest. Look for it online Monday during quarterly or annual earnings reporting periods. This week’s roundup of recent quarterly financial reports includes San Antonio-based NuStar Energy and Xpel; Seguin-based Alamo Group; and other companies of local interest, including Tenet Healthcare, parent company of Baptist Health System; Apollo Global Management Inc.

Xpel makes its debut appearance on list of fastest-growing companies Revenue: $90.1 million vs. $85.84 million Quotable: “The first quarter was a challenging quarter … in the U.S., where we saw a continued trend of a slowing aftermarket especially compared to the strength of the first half of 2023.” — CEO Ryan Pape Alamo Group sets sales record for 1Q SEGUIN — Maintenance vehicle and equipment maker Alamo Group Inc. reported record sales in the first quarter, though its net income dipped 3.

NuStar unit holders approve merger with Sunoco Net income: $42.74 million vs. $105.94 million Revenue: $390.83 million vs. $393.87 million Baptist Health owner sells hospitals in 1Q DALLAS — Tenet Healthcare Corp., parent company of Baptist Health System hospitals in San Antonio, sold nine hospitals during the first quarter, yielding $4 billion in pretax proceeds that enabled it to retire debt.

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