LEHI, Utah (AP) _ Purple Innovation, Inc. (PRPL) on Wednesday reported third-quarter profit of $2.3 million.

On a per-share basis, the Lehi, Utah-based company said it had net income of 3 cents.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share.

The company posted revenue of $143.3 million in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $138.6 million.

Purple Innovation expects full-year revenue in the range of $570 million to $590 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PRPL at https://www.zacks.com/ap/PRPL

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