PRPL - Purple Innovation Non-GAAP EPS. revenue misses estimates cuts 2022 revenue forecast
- Purple Innovation press release ( NASDAQ: PRPL ): Q2 Non-GAAP EPS of -$0.11 misses by $0.04 .
- Revenue of $144.1M (-21.1% Y/Y) misses by $11.69M .
- 2022 Outlook
- Based on second quarter results combined with a more cautious view on the remainder of the year due to the current macroeconomic environment, the Company is amending its 2022 outlook. It now expects full year 2022 net revenue to be between $570 million and $590 million, compared with its prior range of $650 million to $690 million. ($652.65M CONSENSUS)
For further details see:
Purple Innovation Non-GAAP EPS. revenue misses estimates, cuts 2022 revenue forecast