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Tuesday, February 13, 2018

=Blue Apron (APRN) reported earnings on Tue 13 Feb 2018 (b/o)

Blue Apron beats by $0.05, reports revs in-line 
  • Reports Q4 (Dec) loss of $0.20 per share, $0.05 better than the Capital IQ Consensus of ($0.25); revenues fell 13.1% year/year to $187.7 mln vs the $186.13 mln Capital IQ Consensus.
    • Customers decreased by 15% year-over-year and decreased by 13% quarter-over-quarter, primarily reflecting the Company's planned decrease in marketing spend.
    • Average Revenue per Customer was $248 in the fourth quarter of 2017 compared to $246 in the fourth quarter of 2016, and $245 in the third quarter of 2017.

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