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Investing.com - Purple Innovation reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Purple Innovation announced earnings per share of $0.03 on revenue of $143.3M. Analysts polled by Investing.com EPS of $-0.07 on revenue of $139.14M.
Purple Innovation 's are down 19% and is trading at $3.93 , still down 82.90% from its 52 week high of $19.94 set on Tuesday, November 9, 2021.
Purple Innovation shares gained 15.25% to trade at $3.93 in after-hours trade the report.
Purple Innovation follows other major Consumer Discretionary sector earnings this month
Purple Innovation's report follows an earnings beat by Amazon.com on Thursday, October 27, 2022, who reported EPS of $0.28 on revenue of $127.1B, EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, for EPS of $1.03 on revenue of $22.5B.
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