PRPL News and Press, Purple Innovation Inc. From 11/09/21

Purple Innovation (NASDAQ:PRPL): Q3 Non-GAAP EPS of -$0.07 misses by $0.22; GAAP EPS of -$0.05 misses by $0.21. Revenue of $170.8M (-8.7% Y/Y) misses by $27.53M. Shares -25%. Press Release Gross profit was 35.8% compared to 47.2% in 2020 and 45.0% in 2019. Operating loss was $(6.6) million co...

Purple Innovation Reports Third Quarter 2021 Results PR Newswire LEHI, Utah , Nov. 9, 2021 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure® Mattress," today...

Purple Innovation, Inc. Announces Earnings Call Time Change; Third Quarter 2021 Earnings Call to Occur on November 9, 2021 at 4:30 p.m. (Eastern Time) PR Newswire LEHI, Utah , Nov. 9, 2021 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a ...

Purple Innovation (NASDAQ:PRPL) is scheduled to announce Q3 earnings results on Tuesday, November 9th, before market open. The consensus EPS Estimate is $0.15 (-44.4% Y/Y) and the consensus Revenue Estimate is $199.53M (+6.6% Y/Y). Over the last 1 year, PRPL has beaten EPS estimates 50% of th...

Price has fallen due to manufacturing accidents, CFO search, and consequently heavier shorting (short is currently 14.9% of float). This is a very enticing entry price for Purple, ahead of earnings. Guidance projects revenue to quadruple to 2.5bn+, ASPs to increase ~25%, and EBITD...

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Bank of America lowers its rating on Purple Innovation (NASDAQ:PRPL) to Underperform from Buy. Analyst Curtis Nagle and team take a more cautious view on TPX based on what they call weak online and wholesale trends into Q3. The announcement last week that Tempur Sealy International (NYSE:TPX)...

Casper Sleep (NYSE: CSPR) may be delivering a good night's sleep for customers, but for investors, it's mostly been a nightmare. After pricing its February 2020 IPO at $12 a share, the stock trades for just $4 today. The timing of that IPO might have been doomed, coming shortly ...

Purple to Report Third Quarter 2021 Results on November 9, 2021 PR Newswire LEHI, Utah , Nov. 2, 2021 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure® Matt...

Purple Appoints Jack Roddy as Chief People Officer Experienced Human Resources Officer Joins Purple's Executive Team PR Newswire LEHI, Utah , Oct. 25, 2021 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a leader in comfort innovation and t...