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.

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.

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:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.06	-0.05	0.05	-0.35
EPS Actual	-0.10	0.03	-0.11	-0.24
Revenue Estimate	144.16M	139.18M	156.05M	129.26M
Revenue Actual	145.12M	143.28M	144.11M	143.18M

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.

Earnings Calendar