Figure Stock Climbs on Strong Q4 Preliminary Results and Share Repurchase Plan
Figure Technology Solutions (FIGR) shares gained 2% in early trading after announcing preliminary Q4 revenue projections of $158M-$162M, exceeding Wall Street's $154M estimate. Adjusted EBITDA guidance of $80M-$83M aligned with analyst expectations.
The company's consumer loan marketplace volume surged 131% year-over-year, driving improved profitability. Figure's blockchain-based lending platform continues to be its primary revenue generator, with analysts noting potential for market expansion.
Alongside these results, Figure announced a $30M stock repurchase program concurrent with a secondary share offering. The stock has nearly returned to its post-IPO level of $31, demonstrating resilience after its September 2025 debut.