Recap: Purple Innovation Q1 Earnings

Purple Innovation PRPL reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM.

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

Earnings

Purple Innovation beat estimated earnings by 7.69%, reporting an EPS of $-0.12 versus an estimate of $-0.13.

Revenue was down $33.81 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.04 which was followed by a 19.7% drop in the share price the next day.

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

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.