APRN - Blue Apron GAAP EPS of -$1.19 misses by $0.50 revenue of $117.75M misses by $7.35M

Blue Apron press release (NYSE:APRN): Q1 GAAP EPS of -$1.19 misses by $0.50. Revenue of $117.75M (-9.2% Y/Y) misses by $7.35M. Adjusted EBITDA was a loss of $30.7 million, compared with an adjusted EBITDA loss of $6.1 million in 1Q21. The company expects: Top line net revenue growth to be in the mid-teens percentage range compared with full-year 2021. To return to positive year-over-year net revenue growth starting in the second quarter of 2022 and for the rest of 2022.

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Blue Apron GAAP EPS of -$1.19 misses by $0.50, revenue of $117.75M misses by $7.35M