Figs, Inc. shares rise 8.31% after-hours after reporting Q2 earnings that beat Wall Street expectations.

Figs, Inc. rose 8.31% in after-hours trading, driven by the company's Q2 earnings report. Figs, Inc. reported a net income of $7.1 million, or 4 cents per share, surpassing Wall Street expectations of 2 cents per share. The company also posted revenue of $152.6 million, exceeding the forecast of $145 million.