Recap: FGI Industries Q1 Earnings

FGI Industries FGI reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

FGI Industries missed estimated earnings by 150.0%, reporting an EPS of $-0.02 versus an estimate of $0.04.

Revenue was down $16.41 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 10.26% increase in the share price the next day.

Here's a look at FGI Industries's past performance:

To track all earnings releases for FGI Industries visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.