![]() ![]() According to reporting from TechCrunch, the street had anticipated a more modest $235.8 million in top line. $238.1 Millionīlue Apron generated $238.1 million in its second quarter, ahead of analyst expectations. We’ll start with the positive figure, and work downwards. Quickly, here are the key numbers from the company’s quarter. Blue Apron is currently worth $5.14 per share, off nearly 50 percent from its dramatically lowered IPO price. The firm showed falling customer numbers and rising costs in certain areas.Īfter the mixed report, shares of Blue Apron fell sharply, trading off 17.6 percent as of the time of writing. The company beat revenue expectations but missed on profit by racking up a larger-than-expected loss. The disclosure marked the company’s first earnings report as a public company.įollow Crunchbase News on Twitter & Facebook Early this morning, Blue Apron reported its second quarter earnings results.
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