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.

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:

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.

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