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.

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.

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:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.12	0.12	0.1	0.11
EPS Actual	0.11	0.11	0.1	0.07
Revenue Estimate	35.70M	46.54M	45.02M	44.00M
Revenue Actual	31.79M	38.54M	47.81M	43.58M

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.

Earnings Calendar