$20.460
+0.491 (+2.40%)At close
FIGS News
FIGS Events
Figs Stock Rises 10.2% to $17.39
Figs is up 10.2%, or $1.61 to $17.39.
Stock Futures Mixed as Doximity Soars 83.93%
Stock futures were mixed following a mostly lower regular session as investors continue to digest another round of corporate earnings and await news out of the Middle East.Economic data remains a central focus ahead of Friday's July employment report. Markets remain divided over the Federal Reserve's next policy move, with incoming employment data expected to play an important role in shaping expectations for interest rates over the coming months.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Doximityup 83.93%Atlassianup 32.1%Figsup 24.6%QuinStreetup 23%Cloudflareup 16.9%Twilioup 16.7%Nateraup 15.3%Akamaiup 13%Airbnbup 10.3%Instacartup 9%ALSO HIGHER -DoubleVerifyup 13.2% after Nielsen agreed to acquire the company in an all-cash transaction valued at roughly $2.15BDOWN AFTER EARNINGS -Trade Deskdown 24.5%QuidelOrthodown 21.8%Xponential Fitnessdown 12.9%Cable Onedown 9.5%Maravai Lifesciencesdown 8.8%ResMeddown 5.9%10x Genomicsdown 4.7%Dropboxdown 4.1%Post Holdingsdown 3%
Raises FY26 Adjusted EBITDA Margin View to 14.8%-15%
Raises FY26 adjusted EBITDA margin view to 14.8%-15% from 13%-13.2%.
FIGS Reports Q2 Revenue of $196.6M, Beating Expectations
Reports Q2 revenue $196.6M, consensus $186.11M. "FIGS' exceptional Q2 performance was powered by strong, ongoing traction across the business, with outperformance on both the top and bottom lines," said Trina Spear, Chief Executive Officer and Co-Founder. "We delivered our third straight quarter of 25%-plus net revenues growth, our net revenues per active customer exceeded COVID-era highs, and our adjusted EBITDA margin grew significantly to 18.6%. Most notably, our success did not just come from one area of the business, but instead was broad-based across categories, geographies and channels. Looking forward, the unique combination of our product innovation engine and our ability to connect with our community is creating long-lasting impact for healthcare professionals. And given that we are still only serving a tiny percentage of the world's healthcare professionals, we believe we are just getting started."
Figs Shares Drop 28% to $11.06
Figs is down -28.0%, or -$4.31 to $11.06.
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