Purple Innovation Reports Second Quarter 2018 Results
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Purple Innovation (PRPL) Misses Q2 EPS by 3c, Revenues Beat; Offers FY18 Revenue Outlook Below Consensus
August 9, 2018 4:24 PM EDTPurple Innovation (NASDAQ: PRPL) reported Q2 EPS of ($0.09), $0.03 worse than the analyst estimate of ($0.06). Revenue for the quarter came in at $75.4 million versus the consensus estimate of $72.1 million.
Net revenue increased 58.1% to $75.4 million, compared to $47.7 million.Gross margin was 43.8% compared to... More