Finance2 sources
FIGS Reports Strong Earnings, Stock Surges Despite No Major Announcements
- FIGS reported third-quarter revenue of $190.7 million, surpassing the $182.8 million estimate.
- The company experienced a 25% revenue growth for the fourth consecutive quarter, with non-scrubwear revenue rising 35%.
- International revenue also increased, according to CEO Trina Spear.
- Despite no major announcements, FIG's stock price jumped 53.8% in October.
- The S&P 500 experienced a minor 0.9% drop during the same period.