| Purple Innovation Revises Full Year 2024 Guidance; Company Announces Participation in the 2025 ICR Conference |
Expects full year net revenue between $486 and $488 million and adjusted EBITDA between $(23) and $(21) million Expects positive cash flow and adjusted EBITDA in the fourth quarter LEHI, Utah , Jan. 13, 2025 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure™ Mattress," today provided a business update, revising its revenue and EBITDA outlook for the full year of 2024. "We continued to navigate a challenging macro environment through the end of 2024. |
prnewswire.com |
2025-01-13 09:00:00 |
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| Purple Innovation, Inc. (PRPL) Q3 2024 Earnings Call Transcript |
Purple Innovation, Inc. (PRPL) Q3 2024 Earnings Call Transcript |
seekingalpha.com |
2024-11-05 00:42:18 |
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| Purple Innovation (PRPL) Reports Q3 Loss, Misses Revenue Estimates |
Purple Innovation (PRPL) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to loss of $0.18 per share a year ago. |
zacks.com |
2024-11-04 20:31:17 |
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| Purple Innovation Reports Third Quarter 2024 Results |
Restructuring Initiatives are On Track and Delivering Significant Margin Improvement GAAP Gross Margin of 29.7%; Adjusted Gross Margin Improved 340bps versus Last Year to 40.5% Adjusted EBITDA Loss Narrowed Notably to $(6.4) Million versus $(16.3) Million Last Year LEHI, Utah , Nov. 4, 2024 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure™ Mattress," today announced results for the third quarter ended September 30, 2024. "While our third quarter revenue was challenged, we are encouraged by both our year-to-date performance modestly exceeding the broader industry and the sustained improvements in our profitability," said CEO Rob DeMartini. |
prnewswire.com |
2024-11-04 18:05:00 |
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| Purple Innovation to Report Third Quarter 2024 Results on November 4, 2024 |
LEHI, Utah , Oct. 28, 2024 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure™ Mattress," will report third quarter 2024 financial results on Monday, November 4, 2024 at approximately 4:05 p.m. ET. The Company will hold a conference call that day at 4:30 p.m. |
prnewswire.com |
2024-10-28 18:05:00 |
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| Purple Innovation Announces Consolidation of Manufacturing Operations to Accelerate Growth |
Actions will expedite Grid innovation and deliver cost synergies Anticipated to generate $15 to $20 million in EBITDA benefit in 2025 LEHI, Utah , Aug. 22, 2024 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company with the #1 Gel Grid technology in the world, today announced the consolidation of its mattress production operations into its McDonough, Georgia facility, and the corresponding closure of two manufacturing facilities in Salt Lake City and Grantsville, Utah. The closure of the Utah manufacturing facilities is expected to be completed during the first quarter of 2025 and the consolidation into the McDonough, Georgia facility is expected to be completed by December 31, 2024. |
prnewswire.com |
2024-08-22 20:05:00 |
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| Purple Innovation, Inc. (PRPL) Q2 2024 Earnings Call Transcript |
Purple Innovation, Inc. (NASDAQ:PRPL ) Q2 2024 Earnings Conference Call August 5, 2024 4:30 PM ET Company Participants Cody McAlester – ICR Rob DeMartini – Chief Executive Officer Todd Vogensen – Chief Financial Officer Eric Haynor – Chief Operating Officer Conference Call Participants Bobby Griffin – Raymond James Brad Thomas – KeyBanc Capital Markets Matt Koranda – ROTH Capital Seth Basham – Wedbush Securities Brian Nagel – Oppenheimer Jeremy Hamblin – Craig-Hallum Capital Group Keith Hughes – Truist Dan Silverstein – UBS Operator Good afternoon, ladies and gentlemen, and welcome to the Purple Innovation Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2024-08-09 05:55:29 |
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| Long Assets On Path To Creating Significant Value, Shorting Remains Very Challenging |
In the first half of 2024, our long book performed strong relative to the Russell 2000, driven by our high-conviction positions. We are pleased with our relative performance and believe the Russell 2000 remains a more appropriate benchmark for comparison. Top gainers include FTAI Aviation and FTAI Infrastructure, while top detractors include Latch and Industrial Short. |
seekingalpha.com |
2024-08-06 12:25:00 |
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| Purple Innovation (PRPL) Reports Q2 Loss, Misses Revenue Estimates |
Purple Innovation (PRPL) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.20 per share a year ago. |
zacks.com |
2024-08-05 23:10:36 |
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| Purple Innovation Reports Second Quarter 2024 Results |
LEHI, Utah , Aug. 5, 2024 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure™ Mattress," today announced results for the second quarter ended June 30, 2024. Second Quarter Financial Summary (Comparisons versus Second Quarter 2023) 1 Net revenue increased 2.0% to $120.3 million compared to $117.9 million. |
prnewswire.com |
2024-08-05 20:05:00 |
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| Purple Innovation (PRPL) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release |
Purple Innovation (PRPL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2024-07-29 15:06:21 |
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| Purple to Report Second Quarter 2024 Results on August 5, 2024 |
LEHI, Utah , July 25, 2024 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure® Mattress," will report second quarter 2024 financial results on Monday, August 5, 2024, at approximately 4:05 p.m. ET. The Company will hold a conference call that day at 4:30 p.m. |
prnewswire.com |
2024-07-25 20:05:00 |
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| Purple to Participate in Oppenheimer 24th Annual Consumer Growth & E-Commerce Conference |
LEHI, Utah , June 4, 2024 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple") a comfort innovation company known for creating the "World's First No Pressure™ Mattress," today announced that the Company will make a presentation at the Oppenheimer 24th Annual Consumer Growth & E-Commerce Conference. The presentation is scheduled for Monday, June 10, 2024 at 10:30 a.m. |
prnewswire.com |
2024-06-04 20:05:00 |
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| Purple Innovation, Inc. (PRPL) Q1 2024 Earnings Call Transcript |
Purple Innovation, Inc. (NASDAQ:PRPL ) Q1 2024 Results Conference Call May 7, 2024 4:30 PM ET Company Participants Cody McAlester - ICR Rob DeMartini - Chief Executive Officer Todd Vogensen - Chief Financial Officer Conference Call Participants Brad Thomas - KeyBanc Capital Markets Seth Basham - Wedbush Securities Matt Koranda - ROTH MKM CJ Tipolino - Craig Capital Groups Brian Nagel - Oppenheimer Bobby Griffin - Raymond James Dan Silverstein - UBS Securities Operator Good afternoon, ladies and gentlemen. Welcome to Purple Innovation First Quarter 2024 Earnings Conference Call. |
seekingalpha.com |
2024-05-08 00:15:28 |
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| Purple Innovation (PRPL) Reports Q1 Loss, Lags Revenue Estimates |
Purple Innovation (PRPL) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.12 per share a year ago. |
zacks.com |
2024-05-07 22:56:11 |
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| Purple Innovation Reports First Quarter 2024 Results |
LEHI, Utah , May 7, 2024 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL), a comfort innovation company known for creating the "World's First No Pressure ™ Mattress," today announced results for the first quarter ended March 31, 2024, which were in line with guidance. First Quarter Financial Summary (Comparisons versus First Quarter 2023) 1 Net revenue increased 12.5% to $120.0 million compared to $106.7 million. |
prnewswire.com |
2024-05-07 20:05:00 |
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| Stock Market Crash Warning: Don't Get Caught Holding These 7 Penny Stocks |
Given the recent market volatility, many traders are trying to make money in penny stocks. With low prices and elevated volatility, penny stocks could be a great way for traders to cash in on breaking news and rapid changes in market sentiment. |
investorplace.com |
2024-05-01 10:30:00 |
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| Purple to Report First Quarter 2024 Results on May 7, 2024 |
LEHI, Utah , April 30, 2024 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure® Mattress," will report first quarter 2024 financial results on Tuesday, May 7, 2024, at approximately 4:05 p.m. ET. The Company will hold a conference call that day at 4:30 p.m. |
prnewswire.com |
2024-04-30 20:05:00 |
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| Stealth Wealth Creators: 7 Overlooked Penny Stocks Ready to Explode |
When dealing with speculative investments – especially overlooked penny stocks – prospective participants must first acknowledge the risks. It's a wild world out there. |
investorplace.com |
2024-04-24 17:12:05 |
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| Fast-paced Momentum Stock Purple Innovation (PRPL) Is Still Trading at a Bargain |
Purple Innovation (PRPL) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen. |
zacks.com |
2024-04-11 13:51:12 |
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| Why Fast-paced Mover Purple Innovation (PRPL) Is a Great Choice for Value Investors |
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Purple Innovation (PRPL) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen. |
zacks.com |
2024-03-26 11:51:11 |
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