LOS ANGELES (AP) 鈥� LOS ANGELES (AP) 鈥� Honest Co. (HNST) on Wednesday reported second-quarter net income of $10.7 million.
On a per-share basis, the Los Angeles-based company said it had net income of 9 cents. Earnings, adjusted for non-recurring gains, came to 4 cents per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.
The consumer products company posted revenue of $83.3 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $77.7 million.
Honest expects full-year revenue in the range of $319 million to $325 million.
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