SANTA MONICA, Calif. (AP) — SANTA MONICA, Calif. (AP) — Figs Inc. (FIGS) on Thursday reported third-quarter net income of $8.7 million.
The Santa Monica, California-based company said it had profit of 5 cents per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.
The health care apparel company posted revenue of $151.7 million in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $142.2 million.
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