Purple, Ultra Clean report first-quarter losses, issue guidance
PUBLISHED Apr 28, 2026, 8:56 AM ET
Read, Watch or Listen
Lehi, Utah and Hayward, California. Purple Innovation and Ultra Clean each reported first-quarter results on Tuesday: Purple disclosed a $30.5 million net loss with $95.7 million in revenue in the period, and Ultra Clean reported a $17.9 million net loss with $533.7 million in revenue for its first quarter. This week both companies provided forward guidance: Purple gave a full-year revenue range of $465 million to $485 million, while Ultra Clean forecasted per-share earnings of $0.44 to $0.60 and revenue between $565 million and $605 million for the quarter ending in June; the reports were distributed via Automated Insights using Zacks data.
By Michael Grant | JQJO News
Timeline of Events
- Companies completed fiscal first-quarter operations prior to reporting.
- On Tuesday, Associated Press distributed automated Q1 earnings summaries.
- Purple Innovation reported a $30.5M Q1 loss and issued full-year revenue guidance.
- Ultra Clean reported a $17.9M Q1 loss and gave Q2 EPS and revenue guidance.
- Reports cited data from Zacks Investment Research and were generated by Automated Insights.
News Intelligence
- If you're an investor in Purple Innovation or Ultra Clean, these losses could impact your portfolio. It's a good time to review your investments and consider if they align with your financial goals.
- Articles Published:
- 4
- Right Leaning:
- 0
- Left Leaning:
- 0
- Neutral:
- 4
- Distribution:
- Left 0%, Center 100%, Right 0%
Investors seeking valuation opportunities and competitors positioned to capture market share may benefit from disclosed losses and updated guidance.
Shareholders and company employees may face negative impacts from reported quarterly losses and near-term earnings uncertainty.
Coverage of Story:
From Left
No left-leaning sources found for this story.
From Center
Purple, Ultra Clean report first-quarter losses, issue guidance
WHAS 11 Louisville WTOP 9NEWS WHAS 11 LouisvilleFrom Right
No right-leaning sources found for this story.
Comments