Purple Innovation (PRPL) Reports In-Line Q2 EPS, provides guidance

Purple Innovation (NASDAQ: PRPL) reported Q2 EPS of ($0.11), in-line with the analyst estimate of ($0.11). Revenue for the quarter came in at $105 million versus the consensus estimate of $105.06 million.

GUIDANCE:

Purple Innovation sees FY2025 revenue of $465-485 million, versus the consensus of $467.2 million. And adjusted EBITDA in the range of flat to positive $10 million. The Company anticipates sequential growth in the second half of the year, driven by the successful launch of Rejuvenate 2.0 and the rollout of our expanded partnership with Mattress Firm.

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

You May Also Be Interested In

• ​Trump said he was unaware of his earnings from crypto
• Morgan Stanley Resumes OMV AG (OMV:AV) (OMVKY) at Equalweight
• Trump: 40-60% of chip manufacturing will be in the U.S. - CNBC Interview