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What Purple Innovation (PRPL) Said on Its Q3 Earnings Call
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What Purple Innovation (PRPL) Said on Its Q3 Earnings Call
Purple Innovation (NASDAQ:PRPL) reported a 19% decline in third-quarter revenue and lowered its full-year adjusted EBITDA outlook as weakness among wholesale partners weighed on sales and manufacturing margins. Revenue fell to $96.5 million, while adjusted EBITDA was a loss of $0.5 million, compared with a $0.2 million profit a year earlier. The mattress maker maintained […]
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