SANTA MONICA, Calif. (AP) — SANTA MONICA, Calif. (AP) — Figs Inc. (FIGS) on Thursday reported a loss of $1.7 million in its third quarter.
The Santa Monica, California-based company said it had a loss of 1 cent per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.
The health care apparel company posted revenue of $140.2 million in the period, which fell short of Street forecasts. Five analysts surveyed by Zacks expected $144.1 million.
_____
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
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
