Purple Innovation Inc

Purple Innovation reported for the quarter ended June 30, 2026, an EPS of -$0.74 per share. Revenue fell 6.5% year over year to $98.3 million; in the year-ago period revenue was $105.1 million. In the prior year an EPS of -$4.00 per share was reported. » Mere på finanzen.net

Purple reported adjusted EPS of -$1.52 for Q2 2026 (expectation -$0.07) and revenue of $98.3m versus projected $112.9m, prompting a sharp share decline. Despite the revenue drop, gross margin improved to 45.2% and adjusted EBITDA was positive at $2.1m; showroom sales rose 16.6% while wholesale collapsed 19.1%. The company cut its full-year revenue outlook to $420–440m, left adjusted EBITDA guidance at $20–25m, and plans further showroom openings. Investors focused on the sizable top-line miss, sending the stock to $9.10 in regular trading and down to $7.98 in after-hours trading. » Mere på de.investing.com

Purple Innovation will release results for the quarter ended June 30, 2026, on August 10, 2026. Two analysts forecast on average a loss per share of -$2.18 (prior year: -$4.00) and revenue of about $104.4 million (prior year: $105.1 million). For the current fiscal year, analysts expect on average a loss of -$7.005 per share and revenue of roughly $467.9 million. » Mere på finanzen.net