PRPL Stock Recent News

Purple Innovation, Inc. (NASDAQ:PRPL ) Q1 2023 Earnings Conference Call May 10, 2023 4:30 PM ET Company Participants Cody McAlester - Investor Relations Vice President, 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 Bob Griffin - Raymond James Matt Koranda - ROTH Capital Keith Hughes - Truist Atul Maheswari - UBS Curtis Nagle - Bank of America Operator Good afternoon, ladies and gentlemen.

Purple Innovation, Inc. (NASDAQ:PRPL ) Q4 2022 Earnings Conference Call March 16, 2023 4:30 PM ET Company Participants Cody McAlester – Investor Relations Rob DeMartini – Chief Executive Officer Bennett Nussbaum – Chief Financial Officer Jack Roddy – Chief People Officer Conference Call Participants Brad Thomas – KeyBanc Capital Jeremy Hamblin – Craig-Hallum Bobby Griffin – Raymond James Seth Basham – Wedbush Securities Matt Koranda – ROTH MKM Keith Hughes – Truist Securities Atul Maheswari – UBS Curtis Nagle – Bank of America Operator Good afternoon, ladies and gentlemen. Welcome to Purple Innovation Fourth Quarter 2022 Earnings Conference Call.

Purple Innovation (PRPL) delivered earnings and revenue surprises of -66.67% and 1.12%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

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

LEHI, Utah , March 7, 2023 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure® Mattress," will report fourth quarter and full year 2022 financial results on Thursday, March 16, 2023, at approximately 4:05 p.m. ET. The Company will hold a conference call that day at 4:30 p.m.

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

Purple Innovation (PRPL) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Purple Innovation (PRPL) possesses solid growth attributes, which could help it handily outperform the market.

Purple Innovation (PRPL) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Purple Innovation (PRPL) could produce exceptional returns because of its solid growth attributes.