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PRPLBearishEarningsnews
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Purple Innovation (PRPL) Reports Q1 Loss, Lags Revenue Estimates

May 7, 2024, 6:59 PM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- Purple Innovation (PRPL) reported a quarterly loss of $0.19 per share, worse than expected. - PRPL's revenue of $120.03 million missed estimates by 1.74%. - PRPL shares have gained 65.1% year-to-date, outperforming the S&P 500. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Purple Innovation (PRPL) reported a quarterly loss of $0.19 per share, worse than expected.
  • PRPL's revenue of $120.03 million missed estimates by 1.74%.
  • PRPL shares have gained 65.1% year-to-date, outperforming the S&P 500.

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