PRPL / Purple Innovations stock plummets amid multiple downgrades after earnings; kudos to BofA's Nagle for being early

During a quarter when it launched a new product suite, both top- and bottom-line results were disappointing. The company also cut guidance due to indu more_horizontal

Purple Innovation, Inc. (NASDAQ:PRPL ) Q2 2023 Earnings Conference Call August 9, 2023 4:30 PM ET Company Participants Brendon Frey – Managing Direc more_horizontal

Purple Innovation (PRPL) came out with a quarterly loss of $0.20 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to lo more_horizontal

Purple Innovation, Inc. (NASDAQ:PRPL ) Q1 2023 Earnings Conference Call May 10, 2023 4:30 PM ET Company Participants Cody McAlester - Investor Relatio more_horizontal

Purple Innovation, Inc. (NASDAQ:PRPL ) Q4 2022 Earnings Conference Call March 16, 2023 4:30 PM ET Company Participants Cody McAlester – Investor Rel more_horizontal

Purple Innovation (PRPL) delivered earnings and revenue surprises of -66.67% and 1.12%, respectively, for the quarter ended December 2022. Do the numb more_horizontal

Purple Innovation (PRPL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season. more_horizontal

Purple Innovation (PRPL) is well positioned to outperform the market, as it exhibits above-average growth in financials. more_horizontal