Recap: Purple Innovation Q4 Earnings

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Purple Innovation PRPL reported its Q4 earnings results on Tuesday, March 12, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Purple Innovation beat estimated earnings by 17.0%, reporting an EPS of $-0.15 versus an estimate of $-0.18.

Revenue was up $812 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.15 which was followed by a 31.0% drop in the share price the next day.

Here's a look at Purple Innovation's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.03 -0.11 -0.13 -0.06
EPS Actual -0.18 -0.20 -0.12 -0.10
Revenue Estimate 158.47M 132.35M 104.80M 144.16M
Revenue Actual 140.00M 120.87M 109.37M 145.12M

To track all earnings releases for Purple Innovation visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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