Purple Innovation (NASDAQ: PRPL) is scheduled to reveal its financial results for the third quarter on Monday 4th November 2024. This disclosure will take place after market close, providing investors with significant information regarding the company's performance in the last three months period.
In accordance with the forecasts of financial specialists on Wall Street, the company is primed to announce an anticipated $0.10 loss per share for the quarter. Additionally, the company is projected to reveal a total revenue of $126.62 million for this particular period.
According to the Wall Street analysts projections, the company is expected to generate a total revenue of $498.92 million for the fiscal year. Additionally, these analysts anticipate that the company will report loss of $0.47 per share during the same period.
Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share loss of $0.18. This notable figure was attributed to the company's total revenue, which settled at an impressive $140 million during that specific quarter.
PRPL has scheduled a conference call on 4th November 2024 at 04:30 PM eastern time to discuss the third quarter financial results and other related information.
Friday's trading saw Purple Innovation (PRPL) shares hit a low of $0.90 and a high of $0.93, with a day volume of 188.10 thousand shares. The stock closed the regular trading session at $0.91, demonstrating 2.25 percent upturn.
