Purple Innovation reports Q3 adjusted EPS (8c), consensus (10c)

Reports Q3 revenue $118.8M, consensus $123.21M. “Our third quarter results reflect the continued progress we’re making in strengthening Purple’s foundation and positioning the company for sustainable, profitable growth,” said Rob DeMartini, CEO of Purple Innovation (PRPL). “We delivered results in line with expectations, achieving an improved net loss and positive adjusted EBITDA and a sequential improvement in gross margin despite tariff headwinds. These results highlight the discipline and focus that are driving improved performance across our business.”