AP NEWS

Blue Apron: 3Q Earnings Snapshot

November 13, 2018

NEW YORK (AP) _ Blue Apron Holdings Inc. (APRN) on Tuesday reported a loss of $33.9 million in its third quarter.

The New York-based company said it had a loss of 18 cents per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 22 cents per share.

The meal-kit seller posted revenue of $150.6 million in the period, which missed Street forecasts. Five analysts surveyed by Zacks expected $157.1 million.

In the final minutes of trading on Tuesday, the company’s shares hit $1.22. A year ago, they were trading at $3.06.

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

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