Sahm Earnings
Why Did FGI Industries Stock Rise Pre-Market?
FGI Industries Ltd. (NASDAQ: FGI) saw its shares surge by 5.57% pre-market after reporting strong second-quarter earnings per share of $0.67, significantly beating analyst estimates of $0.30. Although revenue missed expectations, it grew year-over-year, and the company posted a reversal from an operating loss to a profit. FGI also reaffirmed its fiscal 2026 guidance, expecting net revenue between …