Journal
← Tickers

PRPL

PRPL — Ruslan Averin's Analysis · 1 entries

  1. Purple Cut Its Revenue Guidance for the Second Time This Year and Lost a Fifth of Its Value
    ·6 min read

    Purple Cut Its Revenue Guidance for the Second Time This Year and Lost a Fifth of Its Value

    Q2 revenue fell 6.5% to $98.3M and missed consensus, wholesale dropped 19.1%, and full-year guidance was cut to $420–440M. PRPL fell 20.3%.