PRPL Stock Recent News

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Purple Innovation (PRPL) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Purple Innovation, Inc. (PRPL) Q4 2023 Earnings Call Transcript

Purple Innovation (PRPL) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.19. This compares to loss of $0.10 per share a year ago.

Purple Innovation, Inc. (NASDAQ:PRPL ) Q3 2023 Earnings Conference Call November 9, 2023 4:30 PM ET Company Participants Cody McAlester - Investor Relations Rob DeMartini - Chief Executive Officer Todd Vogensen - Chief Financial Officer Conference Call Participants Brad Thomas - KeyBanc Capital Markets Seth Basham - Wedbush Securities Jeremy Hamblin - Craig-Hallum Capital Group Bobby Griffin - Raymond James Atul Maheswari - UBS Keith Hughes - Truist Securities Matt Koranda - ROTH MKM Operator Good afternoon, ladies and gentlemen. Welcome to Purple Innovation Third Quarter 2023 Earnings Conference Call.

Penny stocks are often defined as stocks trading under $5 per share, those with a very low price per share or market capitalization, and are generally higher-risk. Now, despite many such stocks certainly carrying a relatively high risk profile, this often is somewhat offset by higher potential returns.

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 industry weakness.

Purple Innovation, Inc. (NASDAQ:PRPL ) Q2 2023 Earnings Conference Call August 9, 2023 4:30 PM ET Company Participants Brendon Frey – Managing Director-ICR Rob DeMartini – Chief Executive Officer Bennett Nussbaum – Chief Financial Officer Conference Call Participants Brad Thomas – KeyBanc Capital Markets Brian Nagel – Oppenheimer Jeremy Hamblin – Craig-Hallum Capital Group Seth Basham – Wedbush Securities Matt Koranda – ROTH MKM Bobby Griffin – Raymond James Atul Maheswari – UBS Operator Good afternoon, ladies and gentlemen. Welcome to the Purple Innovation Second Quarter 2023 Earnings Conference Call.

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 loss of $0.11 per share a year ago.

Purple Innovation's (PRPL) Q2 results are likely to reflect gains from the innovative product line and efforts to reduce costs amid inflationary pressures and a demand shift.

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