FGI Industries Ltd (FGI) Misses Q3 EPS by 9c, provides guidance

FGI Industries Ltd (NASDAQ: FGI) reported Q3 EPS of ($0.06), $0.09 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $36.1 million versus the consensus estimate of $30.69 million.

GUIDANCE:

FGI Industries Ltd sees Q4 2024 revenue of $127-131 million, versus the consensus of $122.5 million. Revised total adjusted operating income of ($1.0) to $0.0 million, down from the previous estimate of $2.8 to $3.8 million.
Revised total adjusted net income of ($1.0) to $0.0 million, compared to the prior estimate of $1.2 to $2.0 million.

For earnings history and earnings-related data on FGI Industries Ltd (FGI) click here.

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