Figs: Q1 Earnings Snapshot
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SANTA MONICA, Calif. (AP) — SANTA MONICA, Calif. (AP) — Figs Inc. (FIGS) on Thursday reported first-quarter earnings of $1.9 million.
The Santa Monica, California-based company said it had net income of 1 cent per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share.
The health care apparel company posted revenue of $120.2 million in the period, which also beat Street forecasts. Seven analysts surveyed by Zacks expected $112.4 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FIGS at https://www.zacks.com/ap/FIGS
