FGI Industries Ltd. (FGI) Reports Q3 Loss, Tops Revenue Estimates
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FGI Industries Ltd. reported a Q3 loss of $0.01 per share, which was better than the expected loss of $0.03 per share. The company also exceeded revenue estimates.
November 12, 2024 | 12:00 am
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FGI Industries Ltd. reported a smaller-than-expected loss of $0.01 per share for Q3, compared to the anticipated loss of $0.03. The company also exceeded revenue expectations.
The better-than-expected earnings report, with a smaller loss and higher revenue than anticipated, is likely to positively impact FGI's stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100