Purple Innovation Inc
NASDAQ:PRPL

  • LAST PRICE
    0.9400
  • TODAY'S CHANGE (%)
    0.0301 (3.3081%)
  • Bid / Lots
    0.8900/ 4
  • Ask / Lots
    0.9400/ 61
  • Open / Previous Close
    0.9141 / 0.9099
  • Day Range
    0.8800
    0.9400
  • 52 Week Range
    0.5451
    2.3300
  • Volume
    516,607

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  • Today

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    • 6 hours ago by MT Newswires
      Companies Mentioned: PRPL
      04:27 PM EST, 11/04/2024 (MT Newswires) -- ...

    • 6 hours ago by MT Newswires
      Companies Mentioned: PRPL
      04:27 PM EST, 11/04/2024 (MT Newswires) -- ...

    • 7 hours ago by PR Newswire
      Companies Mentioned: PRPL

      Restructuring Initiatives are On Track and Delivering Significant Margin Improvement

      GAAP Gross Margin of 29.7%; Adjusted Gross Margin Improved 340bps versus Last Year to 40.5%

      Adjusted EBITDA Loss Narrowed Notably to $(6.4) Million versus $(16.3) Million Last Year

    • 7 hours ago by Dow Jones
      Companies Mentioned: PRPL

      Our presentation of adjusted net income assumes that all net income is attributable to Purple Innovation, Inc. (i.e. there is no allocation of net income or loss to noncontrolling interests), which assumes the full exchange at the beginning of the period of all outstanding Paired Securities for shares of Class A common stock of Purple Innovation, Inc., adjusted for certain nonrecurring items that we do not believe directly reflect our core operations. Adjusted net income per share, diluted, is calculated by dividing adjusted net income by the total shares of Class A common stock outstanding plus any dilutive warrants, options and restricted stock as calculated in accordance with GAAP and assuming the full exchange of all outstanding Paired Securities as of the beginning of each period presented. Adjusted net loss and adjusted net loss per diluted share, are supplemental measures of operating performance that do not represent, and should not be considered, alternatives to net loss and earnings per share, as calculated in accordance with GAAP. We believe adjusted net loss and adjusted net loss per diluted share, supplement GAAP measures and enable us to more effectively evaluate our performance period-over-period. A reconciliation of net loss, the most directly comparable GAAP measure, to adjusted net loss and the computation of adjusted net loss per diluted share, are set forth below:

    • 7 hours ago by Dow Jones
      Companies Mentioned: PRPL

      Our presentation of adjusted net income assumes that all net income is attributable to Purple Innovation, Inc. (i.e. there is no allocation of net income or loss to noncontrolling interests), which assumes the full exchange at the beginning of the period of all outstanding Paired Securities for shares of Class A common stock of Purple Innovation, Inc., adjusted for certain nonrecurring items that we do not believe directly reflect our core operations. Adjusted net income per share, diluted, is calculated by dividing adjusted net income by the total shares of Class A common stock outstanding plus any dilutive warrants, options and restricted stock as calculated in accordance with GAAP and assuming the full exchange of all outstanding Paired Securities as of the beginning of each period presented. Adjusted net loss and adjusted net loss per diluted share, are supplemental measures of operating performance that do not represent, and should not be considered, alternatives to net loss and earnings per share, as calculated in accordance with GAAP. We believe adjusted net loss and adjusted net loss per diluted share, supplement GAAP measures and enable us to more effectively evaluate our performance period-over-period. A reconciliation of net loss, the most directly comparable GAAP measure, to adjusted net loss and the computation of adjusted net loss per diluted share, are set forth below:

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