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APRN - Blue Apron EPS misses by $0.06 beats on revenue
Blue Apron Holdings Inc. Class A
Blue Apron (APRN): Q4 GAAP EPS of -$0.67 misses by $0.06.Revenue of $115.5M (+22.5% Y/Y) beats by $5M.For the first quarter, the company expects net revenue will grow approximately 23% to 27% year over year to ~$125M to $129M.The company also expects a quarterly sequential and year-over-year increase in Customers for the first quarter of 2021. Assuming similar historical seasonal demand and cost trends, the company expects to incur a net loss of no more than $16.0M and an adjusted EBITDA loss of no more than $6.0M.Press Release