Purple Innovation: Q1 Earnings Insights

Purple Innovation PRPL reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:05 PM.

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

Earnings

Purple Innovation beat estimated earnings by 31.43%, reporting an EPS of $-0.24 versus an estimate of $-0.35.

Revenue was down $43.25 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.08 which was followed by a 16.06% increase 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.