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Purple Innovation Reports Third Quarter 2024 Results
PRPLPurple(PRPL) Prnewswire·2024-11-04 21:05

 Restructuring Initiatives are On Track and Delivering Significant Margin ImprovementGAAP Gross Margin of 29.7%; Adjusted Gross Margin Improved 340bps versus Last Year to 40.5%Adjusted EBITDA Loss Narrowed Notably to $(6.4) Million versus $(16.3) Million Last YearLEHI, Utah, Nov. 4, 2024 /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 third quarter ended September 30, ...