Welcome to our dedicated page for Purple Innovatio news (Ticker: PRPL), a resource for investors and traders seeking the latest updates and insights on Purple Innovatio stock.
Purple Innovation, Inc. (NASDAQ: PRPL) delivers groundbreaking comfort solutions through its patented GelFlex® Grid technology and Hyper-Elastic Polymer innovations. This dedicated news hub provides investors and industry observers with essential updates about the company's strategic initiatives, product developments, and market positioning.
Access authoritative coverage of PRPL's material announcements including quarterly earnings, product launches, partnership agreements, and technology advancements. Our curated collection serves as a reliable resource for understanding Purple's unique approach to sleep innovation and home comfort solutions.
All content undergoes rigorous verification to ensure alignment with financial disclosure standards. Bookmark this page for streamlined access to PRPL's latest operational milestones and industry leadership updates in comfort technology.
Purple Innovation, Inc. (NASDAQ: PRPL), known for creating the "World's First No Pressure® Mattress," has announced it will report its second quarter 2024 financial results on Monday, August 5, 2024, at approximately 4:05 p.m. ET. The company will hold a conference call at 4:30 p.m. ET the same day to review the results.
Investors and analysts can participate by dialing (844) 825-9789 (domestic) or (412) 317-5180 (international). A live webcast will be available at investors.purple.com. A telephone replay will be accessible until August 19, 2024, and a webcast replay will remain available for 30 days on the company's investor relations website.
Purple Innovation (NASDAQ: PRPL) announced it will participate in the Oppenheimer 24th Annual Consumer Growth & E-Commerce Conference. The company will present on Monday, June 10, 2024, at 10:30 a.m. Eastern Time. The presentation, focusing on Purple's innovations and market strategies, will be broadcast online and accessible via the company's investor relations website. This participation underscores Purple's commitment to growth and visibility in the comfort innovation sector.
Purple Innovation, Inc. reports first quarter 2024 results in line with guidance. Net revenue increased by 12.5% to $120.0 million, with wholesale revenue up by 33.1%. Gross margin decreased to 34.8%, and operating expenses were $64.9 million. Adjusted net loss was $(20.4) million, or $(0.19) per diluted share. EBITDA was $(43.7) million, with cash and cash equivalents at $34.5 million. Purple remains confident in its innovative sleep technology for future growth.
Purple Innovation, Inc. (NASDAQ: PRPL) will report its first quarter 2024 financial results on May 7, 2024. The company, known for its innovative mattress products, will hold a conference call to review the results on the same day. Investors and analysts can participate in the call and access a webcast on the company's investor relations website.
FAQ
What is the current stock price of Purple Innovatio (PRPL)?
What is the market cap of Purple Innovatio (PRPL)?
