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home / news releases / PRPL - Purple Innovation Q1 results beat estimates co reiterates FY 2023 revenue guidance

PRPL - Purple Innovation Q1 results beat estimates co reiterates FY 2023 revenue guidance

Purple Innovation Inc.

2023-05-10 16:23:44 ET

  • Purple Innovation press release ( NASDAQ: PRPL ): Q1 Non-GAAP EPS of -$0.12 beats by $0.01 .
  • Revenue of $109.4M (-23.6% Y/Y) beats by $4.6M .
  • PRPL is reiterating its 2023 outlook for full year net revenue to be in the range of $590 to $615 million. The consensus estimate is $583.40M.
  • PRPL expects second quarter to continue to reflect softness on the top line and be in the range of Q2 a year ago.

For further details see:

Purple Innovation Q1 results beat estimates, co reiterates FY 2023 revenue guidance
Stock Information
Company Name: Purple Innovation Inc.
Stock Symbol: PRPL
Market: NASDAQ
Website: purple.com
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