In This Article:
FIGS (NYSE:FIGS) Third Quarter 2024 Results
Key Financial Results
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Revenue: US$140.2m (down 1.5% from 3Q 2023).
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Net loss: US$1.70m (down by 128% from US$6.15m profit in 3Q 2023).
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US$0.01 loss per share (down from US$0.036 profit in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
FIGS EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates by 25%.
Looking ahead, revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Luxury industry in the US.
Performance of the American Luxury industry.
The company's shares are down 24% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 2 warning signs for FIGS you should know about.
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