Purple Innovation Sees FY23 Revenue $560M-$590M Vs $588.37M Est
Portfolio Pulse from Benzinga Newsdesk
Purple Innovation has projected its FY23 revenue to be between $560M and $590M, which is slightly below the estimated $588.37M.
August 09, 2023 | 8:47 pm
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Purple Innovation's FY23 revenue forecast is slightly below the estimated $588.37M, which may impact investor sentiment.
Purple Innovation's lower than expected revenue forecast for FY23 may lead to negative investor sentiment, potentially causing a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100