NASDAQ$PRPL

Purple Innovation Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Purple Innovation reported Q4 2019 results with a net revenue increase of 58% to $124.3 million.

Purple Innovation reported strong Q4 2019 results, with net revenue increasing by 58% to $124.3 million. The company's gross margin improved to 47.7%, and operating income was $2.8 million, a significant improvement from the prior year. The growth was driven by strength in both the wholesale and DTC channels.

  • Net revenue increased by 58.3% to $124.3 million compared to Q4 2018.
  • Gross margin improved to 47.7% compared to 34.2% in the prior year period.
  • Operating income was $2.8 million compared to an operating loss of $(5.2) million in the prior year period.
  • Net loss was $(12.7) million, impacted by a $13.4 million non-cash loss associated with the change in fair value of warrant liabilities.

Headline financials

Total Revenue

$124M

Previous: $78.5M+58.4%
EPS (adj)

-$0.29

Previous: -$0.12-141.7%
Capital Expenditures

$4.8M

Previous: $1.45M+231.9%
Free Cash Flow

$2.27M

Previous: $4.3M-47.2%
Net Income

-$12.7M

Previous: -$979K-1197.2%
Operating Income

$2.8M

Previous: -$5.18M+154.0%
Gross Profit

$59.3M

Previous: $26.8M+120.9%
Cash & Equivalents

$33.5M

Previous: $12.2M+173.9%
Total Assets

$148M

Previous: $71.7M+106.0%
Stock-Based Comp

$323K

Previous: $174K+85.6%

Revenue & EPS history

Purple · Revenue · Quarterly

$124M

Q4 2019+58.4%vs Q4 2018
Beat estimate in 6 of 11 quarters(55%)
ActualEstimate

Forward guidance

The Company expects continued growth, driven by product innovation and marketing strategies.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

-3.8%

Avg return

Earnings day

-2.2%

Avg return

5 days after

-3.0%

Avg return

30 days after

38%

16 / 42 earnings

Positive

+19.5%

Q2 2019

Best reaction

-38.5%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+0.2%+1.1%
Q1 2026-17.1%-22.5%-36.2%
Q3 2025-10.1%-5.5%-7.2%
Q1 2025+6.6%+26.3%+3.9%
Q4 2024-2.9%-3.9%-20.3%
Q3 2024-9.1%-8.2%+9.3%
Q2 2024-13.6%-16.8%-12.8%
Q1 2024-10.0%-9.4%-31.2%
Q4 2023-15.3%-20.4%-9.2%
Q3 2023-38.5%-33.5%+35.8%
Q2 2023-22.8%-24.4%-27.7%
Q1 2023+15.5%+16.3%+15.9%
Q4 2022-18.5%-21.5%-21.8%
Q3 2022+16.7%+38.9%+38.6%
Q2 2022-7.6%-6.4%-28.7%
Q1 2022-4.9%+28.8%+38.7%
Q4 2021+10.5%+25.7%-2.8%
Q3 2021-23.8%-29.9%-46.0%
Q2 2021+4.0%+4.7%-8.8%
Q1 2021+3.5%-7.0%-18.8%
Q4 2020-13.7%-13.8%-13.1%
Q3 2020-4.7%-0.4%+2.3%
Q2 2020-13.8%-17.2%-5.9%
Q1 2020+6.9%+1.1%+25.3%
Q4 2019-19.6%-37.2%-51.5%
Q3 2019+15.1%+3.0%+5.3%
Q2 2019+19.5%+12.6%+41.8%
Q1 2019+10.3%+13.7%+9.9%
Q4 2018-4.2%-6.1%-10.3%
Q3 2018-7.6%+11.1%+10.9%
Q2 2018-12.9%-11.5%-22.9%
Q1 2018+1.6%+5.6%+19.7%
Q4 2017-1.5%+19.4%+6.8%
Q3 2017+0.1%+0.0%-0.6%
Q2 2017+0.7%+0.6%-0.2%
Q1 2017+0.2%-0.3%-0.5%
Q4 2016-0.5%+0.9%-0.6%
Q3 2016+0.0%+0.0%-1.0%
Q2 2016+0.0%+0.0%+0.2%
Q1 2016+0.2%
Q4 2015+0.0%
Q3 2015+0.0%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro