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FGI Industries .(FGI) - 2024 Q2 - Quarterly Results
2024-08-07 20:30
Exhibit 99.1 FGI INDUSTRIES ANNOUNCES SECOND QUARTER 2024 RESULTS EAST HANOVER, N.J., August 7, 2024 – FGI Industries Ltd. (Nasdaq: FGI) ("FGI" or the "Company"), a leading global supplier of kitchen and bath products, today announced results for the second quarter 2024. SECOND QUARTER 2024 HIGHLIGHTS (As compared to the second quarter of 2023) ▪ Total revenue of $29.4 million, +0.6% y/y ▪ Gross profit of $9.0 million, +11.9% y/y ▪ Gross margin of 30.5%, +310 bps y/y ▪ Operating loss of ($0.5) million and n ...
FGI INDUSTRIES ANNOUNCES SECOND QUARTER 2024 RESULTS
Prnewswire· 2024-08-07 20:15
EAST HANOVER, N.J., Aug. 7, 2024 /PRNewswire/ -- FGI Industries Ltd. (Nasdaq: FGI) ("FGI" or the "Company"), a leading global supplier of kitchen and bath products, today announced results for the second quarter 2024. SECOND QUARTER 2024 HIGHLIGHTS (As compared to the second quarter of 2023) Total revenue of $29.4 million, +0.6% y/y Gross profit of $9.0 million, +11.9% y/y Gross margin of 30.5%, +310 bps y/y Operating loss of ($0.5) million and net loss of ($0.0) million Adjusted operating loss of ($0.3) mi ...
FGI INDUSTRIES ANNOUNCES SECOND QUARTER 2024 RESULTS CONFERENCE CALL DATE
Prnewswire· 2024-07-26 20:30
EAST HANOVER, N.J., July 26, 2024 /PRNewswire/ -- FGI Industries Ltd. (Nasdaq: FGI) ("FGI" or the "Company"), a leading global supplier of kitchen and bath products, today announced that it will issue financial results for the second quarter 2024 after the market close on Wednesday, August 7, 2024. Management will conduct a conference call on Thursday, August 8, 2024, at 9:00 am Eastern Time to discuss the quarterly results. To participate in the live teleconference: To listen to a replay of the teleconfere ...
FGI Industries .(FGI) - 2024 Q1 - Earnings Call Transcript
2024-05-11 15:33
Company Participants Operator Leading the call today are President and CEO, David Bruce; and Chief Financial Officer, Perry Lin. We issued a press release after the market closed yesterday detailing our recent operational and financial results. FGI Industries Ltd. (NASDAQ:FGI) Q1 2024 Earnings Conference Call May 9, 2024 9:00 AM ET Conference Call Participants I would now like to turn the conference over to Jae Chung, Vice President of FGI Industries. Please go ahead. Thank you. Welcome to FGI Industries 20 ...
FGI Industries .(FGI) - 2024 Q1 - Quarterly Report
2024-05-10 20:31
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-41207 FGI Industries Ltd. (Exact name of registrant as specified in its charter) Cayman Islands 98-1603252 ( ...
FGI Industries .(FGI) - 2024 Q1 - Earnings Call Presentation
2024-05-09 19:45
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------------|-------|-------|-------|-------|-----------------------------------------------------------------------------------|-------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Balance sheet strength and liquidity continues to support ongoing working | | | | | | | | | | | | | | capital needs | | | | | | | | | • | | | | | Cash and availability under o ...
FGI Industries Ltd. (FGI) Reports Q1 Loss, Tops Revenue Estimates
Zacks Investment Research· 2024-05-08 23:01
FGI Industries Ltd. (FGI) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -100%. A quarter ago, it was expected that this company would post earnings of $0.02 per share when it actually produced earnings of $0.06, delivering a surprise of 200%.Over the last four quarters, the company has surp ...
FGI Industries .(FGI) - 2024 Q1 - Quarterly Results
2024-05-08 20:30
Exhibit 99.1 FGI INDUSTRIES ANNOUNCES FIRST QUARTER 2024 RESULTS EAST HANOVER, N.J., May 8, 2024 – FGI Industries Ltd. (Nasdaq: FGI) (“FGI” or the “Company”), a leading global supplier of kitchen and bath products, today announced results for the first quarter 2024. FIRST QUARTER 2024 HIGHLIGHTS (As compared to the first quarter of 2023) ▪ Total revenues of $30.8 million, +13.2% y/y ▪ Gross profit of $8.4 million, +16.8% y/y, Gross margin of 27.4%, +90 bps y/y ▪ Net loss attributable to FGI shareholders of ...
FGI INDUSTRIES ANNOUNCES FIRST QUARTER 2024 RESULTS CONFERENCE CALL DATE
Prnewswire· 2024-05-03 20:34
EAST HANOVER, N.J., May 3, 2024 /PRNewswire/ -- FGI Industries Ltd. (Nasdaq: FGI) ("FGI" or the "Company"), a leading global supplier of kitchen and bath products, today announced that it will issue financial results for the first quarter 2024 after the market close on Wednesday, May 8, 2024. Management will conduct a conference call on Thursday, May 9, 2024, at 9:00 am Eastern Time to discuss the quarterly results. A webcast of the conference call and accompanying presentation materials will be available i ...
FGI Industries .(FGI) - 2023 Q4 - Annual Report
2024-03-26 20:51
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-41207 FGI Industries Ltd. (Exact Name of Registrant as Specified in Its Charter) Cayman Islands 98-1603252 (State or Other Jurisdiction of (I.R.S. Emp ...