Purple Innovation (PRPL) Misses Q2 EPS by 9c; Lowers Guidance

Purple Innovation (NASDAQ: PRPL) reported Q2 EPS of ($0.20), $0.09 worse than the analyst estimate of ($0.11). Revenue for the quarter came in at $120.9 million versus the consensus estimate of $132.35 million.

GUIDANCE:

Purple Innovation sees FY2023 revenue of $560-590 million, versus the consensus of $588.7 million.

Adjusted EBITDA is seen between $(10) million and breakeven.

For earnings history and earnings-related data on Purple Innovation (PRPL) click here.

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