Earnings Summary

Purple Innovation Inc’s revenue fell -16.12% since last year same period to $120.87Mn in the Q2 2023. On a quarterly growth basis, Purple Innovation Inc has generated 10.51% jump in its revenue since last 3-months.

Purple Innovation Inc’s net profit fell -349.75% since last year same period to $-37.51Mn in the Q2 2023. On a quarterly growth basis, Purple Innovation Inc has generated -60.98% fall in its net profits since last 3-months.

Purple Innovation Inc’s net profit margin fell -436.21% since last year same period to -31.03% in the Q2 2023. On a quarterly growth basis, Purple Innovation Inc has generated -45.67% fall in its net profit margins since last 3-months.

Purple Innovation Inc’s earning per share (EPS) estimates for the current quarter stand at -0.03 - a 40% jump from last quarter’s estimates.

Purple Innovation Inc’s earning per share (EPS) estimates for the current year stand at -0.03.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Purple Innovation Inc’s return on assets (ROA) stands at -0.08.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Purple Innovation Inc’s return on equity (ROE) stands at -0.65.