APRN - Blue Apron beats Q4 top and bottom line estimates

March, 16 2023 06:23 AM Blue Apron Holdings Inc. Class A

2023-03-16 06:23:04 ET

Blue Apron press release ( NYSE: APRN ): Q4 GAAP EPS of -$0.49 beats by $0.26 .
Revenue of $107M (-0.0% Y/Y) beats by $6.87M .
Adjusted EBITDA was a loss of $13.5 million, compared with an adjusted EBITDA loss of $17.9 million in 4Q21.
Record high Average Order Value of $73.15 in 4Q22, an increase of 14.7% year-over-year and 3.3% sequentially.
Record high Average Revenue per Customer of $358 in 4Q22, an increase of 12.4% year-over-year and 5.4% sequentially.
Outlook: In line with the company’s comments in 3Q22, Blue Apron is not providing any forward looking guidance at this time. The company remains focused on achieving adjusted EBITDA profitability, and stabilizing the overall balance sheet and liquidity position.

For further details see:

Company Name:	Blue Apron Holdings Inc. Class A
Stock Symbol:	APRN
Market:	NYSE
Website:	blueapron.com