FIGS Sees FY24 Sales $545.64M-$556.559M Vs $545.32M Estimate
Portfolio Pulse from Benzinga Newsdesk
FIGS has updated its financial outlook for Full-Year 2024, expecting net revenues to be between $545.64 million and $556.559 million, slightly above the previous estimate of $545.32 million. The company also anticipates an adjusted EBITDA margin of 9.5% to 10%.
August 08, 2024 | 9:18 pm
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FIGS has updated its financial outlook for FY24, projecting net revenues between $545.64M and $556.559M, slightly above the previous estimate of $545.32M. The adjusted EBITDA margin is expected to be 9.5%-10%.
The updated financial outlook with slightly higher revenue expectations and a clear EBITDA margin range is likely to positively impact FIGS' stock price in the short term.
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