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-0.00178253119429586 0.00178253119429586 0.00356506238859172 0 -0.10873440285205 -0.0819964349376114 -0.0873440285204991 -0.0820320855614974
Stock impact report

FIGS Releases First Quarter 2024 Financial Results

FIGS, Inc. Class A (FIGS) 
Company Research Source: Business Wire
Net Revenues Hit Upper End of Q1 2024 Outlook with Adjusted EBITDA Margin Exceeding Q1 2024 Outlook; Raising FY 2024 Net Revenues Outlook SANTA MONICA, Calif.--(BUSINESS WIRE)--FIGS, Inc. (NYSE: FIGS) (the “Company”), the global leading healthcare apparel brand dedicated to improving the lives of healthcare professionals, today released its first quarter 2024 financial results and published a financial highlights presentation on its investor relations website at ir.wearfigs.com/financials/quarterly-results.“Net revenues came in at the upper end of our expectations with adjusted EBITDA margin(1) exceeding our guidance. Importantly, we saw improved momentum in our business, particularly in repeat frequency trends, toward the end of the first quarter and into the second. This recent performance reflects strong engagement with our new product innovation and powerful storytelling campaigns as we returned to our roots,” said Trina Spear, Chief Executive Officer and Co-Founder. “In light Show less Read more
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