Purple Innovation (PRPL) Misses Q2 EPS by 3c, Revenues Beat; Offers FY18 Revenue Outlook Below Consensus

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Go back to Purple Innovation (PRPL) Misses Q2 EPS by 3c, Revenues Beat; Offers FY18 Revenue Outlook Below Consensus

Purple Innovation Reports Second Quarter 2018 Results

August 9, 2018 4:05 PM EDT

ALPINE, Utah, Aug. 9, 2018 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort technology company known for creating the "World's First No Pressure Mattress," today announced strong continued revenue growth for the second quarter ended June 30, 2018.

Second Quarter Financial Summary (Comparisons versus Second Quarter 2017)1

Net revenue increased 58.1% to $75.4 million, compared to $47.7 million. Gross margin was... More