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Todd Vogensen; Chief Financial Officer; Purple Innovation Inc. Thank you, Stacy. Good afternoon, everyone, and thank you for joining us. With me on today's call is our CFO, Todd Vogensen. The fourth quarter was a significant milestone for Purple as we achieved adjusted even of profitability for the first time in eight quarters and produced positive cash flow. These encouraging results were the culmination of a purposeful actions taken throughout the year, includin","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/q4-2024-purple-innovation-inc-141005974.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["PRPL"],"gpt_icon":0},{"id":"2519362823","title":"Purple Innovation Initiates Strategic Review","url":"https://stock-news.laohu8.com/highlight/detail?id=2519362823","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519362823?lang=en_us&edition=fundamental","pubTime":"2025-03-14 15:59","pubTimestamp":1741939171,"startTime":"0","endTime":"0","summary":"Purple Innovation  said Thursday it has initiated a review of strategic alternatives for the company, following expressions of interest.The company said it will consider a broad range of opportunities to maximize shareholder value, including a sale or merger.The company said it has not yet set a timetable for its evaluation, nor ade any decisions related to potential strategic alternatives.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["PRPL","BK4095"],"gpt_icon":0},{"id":"2519649860","title":"Purple Innovation Announces Review Of Strategic Alternatives To Maximize Shareholder Value","url":"https://stock-news.laohu8.com/highlight/detail?id=2519649860","media":"Reuters","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519649860?lang=en_us&edition=fundamental","pubTime":"2025-03-14 05:52","pubTimestamp":1741902759,"startTime":"0","endTime":"0","summary":"March 13 (Reuters) - Purple Innovation Inc ::*PURPLE INNOVATION ANNOUNCES REVIEW OF STRATEGIC ALTERNATIVES TO MAXIMIZE SHAREHOLDER VALUE*PURPLE INNOVATION INC - BOARD TO CONSIDER SALE, MERGER, OR OTHE","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250313:nRSD70dDCT:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4095","PRPL"],"gpt_icon":0},{"id":"2519286069","title":"Purple Innovation Outlook FY Revenue USD 465-485 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2519286069","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519286069?lang=en_us&edition=fundamental","pubTime":"2025-03-14 05:52","pubTimestamp":1741902759,"startTime":"0","endTime":"0","summary":"March 13 (Reuters) - Purple Innovation Inc ::*PURPLE INNOVATION OUTLOOK FY REVENUE USD 465-485 MILLION*PURPLE INNOVATION OUTLOOK FY ADJUSTED EBITDA USD 10 MILLION*PURPLE INNOVATION Q4 REVENUE USD 128.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250313:nRSD7pFB3N:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PRPL"],"gpt_icon":0},{"id":"2519867244","title":"BRIEF-Purple Innovation Inc On March 12 Co & Units Entered Into An Amendment To Amended And Restated Credit Agreement With 2025 Term Loan Lenders","url":"https://stock-news.laohu8.com/highlight/detail?id=2519867244","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519867244?lang=en_us&edition=fundamental","pubTime":"2025-03-14 05:40","pubTimestamp":1741902019,"startTime":"0","endTime":"0","summary":"BRIEF-Purple Innovation Inc On March 12 Co & Units Entered Into An Amendment To Amended And Restated Credit Agreement With 2025 Term Loan LendersMarch 13  - Purple Innovation Inc PRPL.O:PURPLE INNOVATION INC: ON MARCH 12 CO & UNITS ENTERED INTO AN AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT WITH 2025 TERM LOAN LENDERSPURPLE INNOVATION INC: AMENDMENT PROVIDES FOR AN INCREASE IN INITIAL PRINCIPAL AMOUNT OF SENIOR SECURED TERM LOAN FACILITY BY $19.0 MILLIONFurther company coverage: PRPL.O ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250313:nFWN3PW0U7:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PRPL","BK4095"],"gpt_icon":0},{"id":"2519954508","title":"Purple Innovation (PRPL) Reports Q4 Loss, Tops Revenue Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2519954508","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519954508?lang=en_us&edition=fundamental","pubTime":"2025-03-14 05:30","pubTimestamp":1741901403,"startTime":"0","endTime":"0","summary":"Purple Innovation  came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.50%. A quarter ago, it was expected that this company would post a loss of $0.10 per share when it actually produced a loss of $0.08, delivering a surprise of 20%.Purple Innovation , which belongs to the Zacks Consumer Products - Staples industry, posted revenues of $128.98 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.18%. This compares to year-ago revenues of $145.94 million. The company has topped consensus revenue estimates just once over the last four quarters.Purple Innovation shares have lost about 9.6% since the beginning of the year versus the S&P 500's decline of -4.8%.While Purple Innovation has underperformed the market so far this year, the quest","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/purple-innovation-prpl-reports-q4-213003869.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["PRPL"],"gpt_icon":0},{"id":"2519864999","title":"Purple Innovation Inc: on March 12 Co & Units Entered Into an Amendment to Amended and Restated Credit Agreement With 2025 Term Loan Lenders","url":"https://stock-news.laohu8.com/highlight/detail?id=2519864999","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519864999?lang=en_us&edition=fundamental","pubTime":"2025-03-14 04:51","pubTimestamp":1741899075,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250313:nFWN3PW0U7:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4095","PRPL"],"gpt_icon":0},{"id":"2519869629","title":"Purple Innovation Q4 Adj $(0.07) Beats $(0.14) Estimate, Sales $128.97M Miss $129.39M Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2519869629","media":"Benzinga","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519869629?lang=en_us&edition=fundamental","pubTime":"2025-03-14 04:08","pubTimestamp":1741896495,"startTime":"0","endTime":"0","summary":"Purple Innovation (NASDAQ:PRPL) reported quarterly losses of $(0.07) per share which beat the analyst consensus estimate of $(0.14) by 50 percent. 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LEHI, Utah, March 13, 2025 /PRNewswire/ -- Purple Innovation, Inc.  , a comfort innovation company known for creating the \"World's First No Pressure Mattress,\" today announced results for the fourth quarter and full year ended December 31, 2024.Adjusted EBITDA for the fourth quarter was $2.9 million, a significant improvement compared to $(9.8) million last year, demonstrating the benefits of higher ticket sizes from the Company's premium sleep strategy and rest","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/purple-innovation-reports-fourth-quarter-200500480.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/purple-innovation-reports-fourth-quarter-200500480.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["PRPL","BK4095"],"gpt_icon":0},{"id":"2519553861","title":"Purple Innovation Announces Review of Strategic Alternatives to Maximize Shareholder Value","url":"https://stock-news.laohu8.com/highlight/detail?id=2519553861","media":"PR Newswire","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519553861?lang=en_us&edition=fundamental","pubTime":"2025-03-14 04:05","pubTimestamp":1741896300,"startTime":"0","endTime":"0","summary":"Initiates Review Following Receipt of Expressions of Interest. Returned to Positive Adjusted EBITDA and Positive Cash Flow Generation in Fourth Quarter 2024 and Expanded Credit Facility, Enabling Enhanced Financial Flexibility. LEHI, Utah, March 13, 2025 /PRNewswire/ --Purple Innovation, Inc.  , a comfort innovation company known for creating the \"World's First No Pressure Mattress,\" today announced that its Board of Directors  has initiated a review of strategic alternatives for the Company, following inbound expressions of interest. The Board will consider a broad range of opportunities to maximize shareholder value, including, but not limited to, a sale, merger, or other strategic or financial transaction.About PurplePurple, the leading premium mattress company with the #1 Gel Grid technology in the world, the GelFlex Grid, thoughtfully engineers products that make restorative sleep effortless for every kind of sleeper. The result of over 30 years of innovation and in comfort techno","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/purple-innovation-announces-review-strategic-200500045.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/purple-innovation-announces-review-strategic-200500045.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4095","PRPL"],"gpt_icon":0}],"pageSize":16,"totalPage":3,"pageCount":1,"totalSize":40}]}}