Figs: Overview of Fourth Quarter Financial Results

FIGS Inc. Announces Strong Fourth-Quarter Results

FIGS Inc., headquartered in Santa Monica, California, revealed a net income of $18.5 million for the fourth quarter.

Earnings per share reached 10 cents, surpassing analysts' predictions.

According to Zacks Investment Research, a consensus of six analysts had anticipated earnings of just 2 cents per share, making the company's performance notably better than expected.

The healthcare apparel firm also reported quarterly revenue of $201.9 million, exceeding the $165.7 million forecasted by analysts surveyed by Zacks.

For the full year, FIGS Inc. achieved a total profit of $34.3 million, or 19 cents per share, with annual revenue amounting to $631.1 million.