FIGS See FY23 Net Revenue Growth ~8.5%, Adj. EBITDA Margin ~14%
Portfolio Pulse from Benzinga Newsdesk
FIGS, a healthcare apparel company, has projected its net revenue growth to be approximately 8.5% for the fiscal year 2023. The company also expects its adjusted EBITDA margin to be around 14%.
November 02, 2023 | 10:00 pm
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POSITIVE IMPACT
FIGS has projected an 8.5% net revenue growth and a 14% adjusted EBITDA margin for FY23. This indicates a positive financial outlook for the company.
The projected increase in net revenue and adjusted EBITDA margin for FIGS indicates a positive financial outlook for the company. This could potentially attract investors, leading to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100