Purple Innovation (NASDAQ:PRPL) reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Purple Innovation beat estimated earnings by 31.43%, reporting an EPS of $-0.24 versus an estimate of $-0.35.
Revenue was down $43.25 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.08 which was followed by a 16.06% increase in the share price the next day.
Here's a look at Purple Innovation's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.27 | 0.17 | 0.13 | |
| EPS Actual | -0.35 | -0.07 | 0.05 | 0.17 |
| Revenue Estimate | 178.99M | 199.53M | 176.99M | 173.31M |
| Revenue Actual | 186.43M | 170.78M | 182.59M | 186.43M |
To track all earnings releases for Purple Innovation visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
