Stocks of Exela Technologies Inc (XELA) and Purple Innovation Inc.(PRPL) will go up on May 18 Thursday, 2023.
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Exela Technologies, Inc. Reports Results for the First Quarter Ended March 31, 2023
Exela Technologies, Inc. released its results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue of $273.62 million, compared to $279.4 million a year ago. year. The net loss amounted to 45.44 million USD, against 56.96 million USD the previous year.
Basic loss per share from continuing operations was $0.05, compared to $3.37 a year ago. Diluted loss per share from continuing operations was $0.05, compared to $3.37 a year earlier.
Purple Innovation, Inc. Launches Innovative Premium and Luxury Collections with Nine New Mattresses
Purple Innovation, Inc. announced the launch and availability of its Premium and Luxury collections featuring nine new mattresses, reaffirming the brand’s commitment to making deep sleep effortless for customers nationwide. The new Premium and Luxe collections feature Purple’s exclusive GelFlex Grid technology, designed to help people fall asleep faster, sleep with fewer interruptions, experience less aches and pains, and wake up rejuvenated . This launch is Purple’s latest growth initiative since acquiring Intellibed in late 2022.
GelFlex® technology? by Purple: INSTANTLY ADAPTS. Proven to reduce nighttime awakenings by 21%. The unique hyperelastic gel instantly adapts to any sleeping position, for uninterrupted, serene rest.
BALANCE THE TEMPERATURE. 2-4 times more effective at removing excess heat than leading competitors, the spine design is made from an exclusive temperature-neutral material that naturally draws excess heat away from the body for a sleeping temperature ideal.