BRASELTON, Ga. (AP) _ Fox Factory Holding Corp. (FOXF) on Thursday reported first-quarter profit of $38 million.

On a per-share basis, the Braselton, Georgia-based company said it had profit of 90 cents. Earnings, adjusted for one-time gains and costs, were $1.05 per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 83 cents per share.

The vehicle suspension maker posted revenue of $281.1 million in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $267.6 million.

For the current quarter ending in July, Fox Factory Holding expects its per-share earnings to range from 95 cents to $1.05.

The company said it expects revenue in the range of $275 million to $295 million for the fiscal second quarter.

Fox Factory Holding expects full-year earnings in the range of $3.70 to $4 per share, with revenue ranging from $1.11 billion to $1.16 billion.

Fox Factory Holding shares have risen 43% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $150.71, more than doubling in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FOXF at https://www.zacks.com/ap/FOXF

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