Figs shares surge on Q2 earnings beat and raised full-year guidance

VSNT Versant Media Group Inc

$31.75 +0.99%

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CMCSA +1.29% FIGS +6.54%

1. 1Figs (FIGS) stock jumps 27.7% in premarket trading after reporting strong Q2 results
2. 2Adjusted EPS of $0.15 and revenue of $196.6M beat expectations; full-year growth guidance raised from 14–16% to approximately 20%
3. 3Margin improvement and an expanded $100M share buyback program are company-specific positives driving a re-rating of the stock

Source The Wall Street Journal +1 · View original ↗

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