Purple Innovation Reports First Quarter 2024 Results [Yahoo! Finance]
Purple Innovation, Inc. (PRPL)
Last purple innovation, inc. earnings: 3/9 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
sec.gov/archives/edgar/data/1643953/000121390017007952/f8k072717ex99-1_globalpartnr.htm
Company Research
Source: Yahoo! Finance
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) Net revenue increased 12.5% to $120.0 million compared to $106.7 million Wholesale revenue increased 33.1% and Direct-to-Consumer (DTC) revenue was consistent with the year ago period. Gross margin was 34.8% compared to 38.0%. Operating expenses were $64.9 million , or 54.0% of net revenue compared to $65.2 million , or 61.1% of net revenue. Operating loss was $(23.1) million compared to an operating loss of $(24.6) million In connection with refinancing our credit agreement in January, we recognized a loss of $23.6 million related to the change in fair value of our newly issued warrants, a $3.4 million loss on debt extinguishment and $4.5 million of interest expense. Net loss was $(50.2) million as compared to $(25.9) million Adjusted net loss was $(20.4) million , or p
Show less
Read more
Impact Snapshot
Event Time:
PRPL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PRPL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PRPL alerts
High impacting Purple Innovation, Inc. news events
Weekly update
A roundup of the hottest topics
PRPL
News
- Purple Innovation, Inc. (NASDAQ:PRPL) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Purple Innovation, Inc. (NASDAQ: PRPL) had its "outperform" rating re-affirmed by analysts at Wedbush. They now have a $2.25 price target on the stock.MarketBeat
- Purple Innovation (PRPL) Reports Q1 Loss, Lags Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Purple Innovation Reports First Quarter 2024 ResultsPR Newswire
- Purple to Report First Quarter 2024 Results on May 7, 2024 [Yahoo! Finance]Yahoo! Finance
PRPL
Earnings
- 5/7/24 - Miss
PRPL
Sec Filings
- 5/14/24 - Form 4
- 5/7/24 - Form 10-Q
- 5/7/24 - Form 8-K
- PRPL's page on the SEC website