SANTA MONICA, Calif. (AP) — SANTA MONICA, Calif. (AP) — Figs Inc. (FIGS) on Wednesday reported fourth-quarter profit of $10 million.

On a per-share basis, the Santa Monica, California-based company said it had net income of 5 cents.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.

The health care apparel company posted revenue of $144.9 million in the period, which fell short of Street forecasts. Seven analysts surveyed by Zacks expected $149.6 million.

For the year, the company reported profit of $22.6 million, or 12 cents per share. Revenue was reported as $545.6 million.

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