Figs: Q3 Earnings Snapshot

Associated Press Finance
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SANTA MONICA, Calif. (AP) — SANTA MONICA, Calif. (AP) — Figs Inc. (FIGS) on Thursday reported third-quarter net income of $6.1 million.

The Santa Monica, California-based company said it had net income of 3 cents per share.

The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.

The health care apparel company posted revenue of $142.4 million in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $131.3 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

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