Tuesday, 21 March 2023

Blue Apron Holdings (APRN) Q4 loss narrows; revenues flat

by Earn Media

Blue Apron Holdings, Inc. (NYSE: APRN) has reported a narrower net loss for the fourth quarter of 2022 when the company’s revenues remained unchanged.

Blue Apron Holdings (APRN) Q4 loss narrows; revenues flat

Blue Apron Holdings (APRN) Q4 loss narrows; revenues flat

The fourth quarter net loss was $21.8 million, or $0.49 per share, compared to a loss of $26.4 million, or $0.93 per share in the corresponding period of 2021.

Net revenues remained unchanged at $106.8 million during the three-month period. The top line was negatively impacted by a seasonal decrease in volumes.

The post Blue Apron Holdings (APRN) Q4 loss narrows; revenues flat first appeared on AlphaStreet.

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