SANTA MONICA, Calif. (AP) — SANTA MONICA, Calif. (AP) — Figs Inc. (FIGS) on Thursday reported a loss of $1.7 million in its third quarter.

The Santa Monica, California-based company said it had a loss of 1 cent per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.

The health care apparel company posted revenue of $140.2 million in the period, which fell short of Street forecasts. Five analysts surveyed by Zacks expected $144.1 million.

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