Blue Apron: 2Q Earnings Snapshot
Aug. 02, 2018
NEW YORK (AP) _ Blue Apron Holdings Inc. (APRN) on Thursday reported a loss of $32.8 million in its second quarter.
The New York-based company said it had a loss of 17 cents per share.
The results matched Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was also for a loss of 17 cents per share.
The meal-kit seller posted revenue of $179.6 million in the period, falling short of Street forecasts. Six analysts surveyed by Zacks expected $188.2 million.
The company's shares closed at $2.42. A year ago, they were trading at $6.37.