Reformation posts $12.4m net income in first quarter since IPO
Reformation reported net income of $12.4 million for the three months ended June 27, up from $6.92 million last year, in its first quarterly earnings as a publicly traded company. The company also reported higher revenue, attributed to new customer growth.
Reformation reported stronger profit and revenue in its first quarter as a public company, supported by growth in new customers. 92 million a year earlier.