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Purple Innovation Reports Second Quarter 2021 Results and Provides 2021 Guidance

Purple Innovation Reports Second Quarter 2021 Results and Provides 2021 Guidance
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Purple Innovation Reports Record First Quarter 2021 Results

Purple Innovation Reports Record First Quarter 2021 Results
First Quarter Net Revenue Increased 52% to $186.4 Million
First Quarter Net Income was $20.9 Million
First Quarter Adjusted EBITDA Increased 115% to $22.8 Million
Raises 2021 Outlook
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LEHI, Utah, May 17, 2021 /PRNewswire/ Purple Innovation, Inc. (NASDAQ: PRPL) ( Purple ), a comfort innovation company known for creating the World s First No Pressure ™ Mattress, today announced results for the first quarter ended March 31, 2021.
First Quarter Financial Summary (Comparisons versus First Quarter 2020)
1
Direct-to-Consumer (DTC) revenue increased 54.8%; Wholesale revenue increased 47.6%.
Gross margin improved to 46.9% compared to 43.5%.
Operating expenses as a percent of net revenue were 37.9% compared to 37.3%. ....

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Purple Innovation Reports Record Fourth Quarter and Full Year 2020 Results

Purple Innovation Reports Record Fourth Quarter and Full Year 2020 Results
Fourth Quarter Net Revenue Increased 40% and Operating Income Increased 171%
Full Year Revenues Increased 51% and Operating Income Increased 339%
Establishes 2021 Revenue Guidance Range of $840 to $880 Million
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LEHI, Utah, March 4, 2021 /PRNewswire/
Purple Innovation, Inc. (NASDAQ: PRPL) ( Purple ), a comfort innovation company known for creating the World s First No Pressure ™ Mattress, today announced results for the fourth quarter and year ended December 31, 2020.
Fourth Quarter Financial Summary (Comparisons versus Fourth Quarter 2019)
1
Direct-to-Consumer (DTC) revenue increased 57%; Wholesale revenue increased 9%
Gross margin was 47.2% compared to 47.7%.
Operating expenses as a percent of net revenue were 42.9% as compared to 45.4%. ....

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