SANTA MONICA, Calif. (AP) 鈥� SANTA MONICA, Calif. (AP) 鈥� Figs Inc. (FIGS) on Thursday reported second-quarter profit of $28.4 million.
The Santa Monica, California-based company said it had profit of 15 cents per share. Earnings, adjusted for non-recurring gains, came to 11 cents per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.
The health care apparel company posted revenue of $196.6 million in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $186.1 million.
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