PRPL - Purple Innovation Non-GAAP EPS of -$0.10 misses by $0.04 revenue of $145.12M beats by $1.64M
2023-03-16 16:10:05 ET
- Purple Innovation press release ( NASDAQ: PRPL ): Q4 Non-GAAP EPS of -$0.10 misses by $0.04 .
- Revenue of $145.12M (-22.1% Y/Y) beats by $1.64M .
- Wholesale revenue increased 0.3% compared to 4Q21.
- Direct-to-Consumer ( DTC ) revenue decreased 34.5% compared to 4Q21 while advertising spend decreased 77.7% compared to 4Q21.
- For 2023, the Company currently expects full year revenue to be in the range of $590 to $615 million vs. $587.19M consensus and adjusted EBITDA between $13 million and $17 million.
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Purple Innovation Non-GAAP EPS of -$0.10 misses by $0.04, revenue of $145.12M beats by $1.64M