FGI Industries LtdFGI
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Q2 EPS beat estimates, though revenue missed; gross margin expanded significantly.
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Industrials
FGI Industries LtdFGI Industries reported second-quarter 2026 GAAP earnings per share of $0.67, beating estimates by $0.90. Revenue came in at $31.9 million, up 2.9% year over year, but missed expectations by $1.95 million. Gross profit rose 22.5% to $10.7 million, with gross margin expanding 530 basis points to 33.4%. Operating income was $1.4 million and net income attributable to shareholders was $1.3 million, while adjusted operating income and adjusted net income were $1.4 million and $1.2 million, respectively.
FGI Industries LtdQ2 EPS beat estimates, though revenue missed; gross margin expanded significantly.