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PRPL - Purple Innovation EPS beats by $0.06 beats on revenue raises 2021 outlook
Purple Innovation Inc.
Purple Innovation (PRPL): Q1 Non-GAAP EPS of $0.17 beats by $0.06; GAAP EPS of $0.17 misses by $0.05.Revenue of $186.43M (+52.3% Y/Y) beats by $12.21M.The company now expects FY2021 net revenue to be between $860M-$900 M, up from its previous range of $840M-$880M.For Q221, the company expects net revenue to be between $20M-$210M and adjusted EBITDA between $21M-$25M.Press Release