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Stock impact report

Purple (NASDAQ:PRPL) Misses Q1 Sales Targets [Yahoo! Finance]

Monster Beverage Corporation (MNST) 
Last monster beverage corporation earnings: 2/27 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.monsterbevcorp.com/events.cfm
Company Research Source: Yahoo! Finance
On the other hand, the company's outlook for the full year was close to analysts' estimates with revenue guided to $550 million at the midpoint. It made a non-GAAP loss of $0.19 per share, improving from its loss of $0.26 per share in the same quarter last year. Is now the time to buy Purple? Find out in our full research report Purple (PRPL) Q1 CY2024 Highlights: Revenue: $120 million vs analyst estimates of $122.1 million (1.7% miss) EPS (non-GAAP): -$0.19 vs analyst estimates of -$0.16 The company reconfirmed its revenue guidance for the full year of $550 million at the midpoint Gross Margin (GAAP): 34.8%, down from 38% in the same quarter last year Free Cash Flow was -$19.85 million compared to -$4.48 million in the previous quarter Market Capitalization: $182.7 million Chief Executive Officer, Rob DeMartini, said "We are encouraged by our start to the year as our first quarter performance was in-line with our guidance despite continued industry softness. Momentu Show less Read more
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