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home / news releases / APRN - Blue Apron Shows Faint Hints of a Recovery


APRN - Blue Apron Shows Faint Hints of a Recovery

Blue Apron (NYSE: APRN) recently posted its third-quarter earnings, and the numbers initially looked dire. The meal-kit maker's revenue fell 34% annually to $99.5 million, missing estimates by $7.4 million. Its net loss narrowed from $33.9 million to $26.2 million, or $1.99 per share -- but still missed expectations by a penny.

Those headline numbers justified a big post-earnings plunge, yet Blue Apron's stock rallied as investors spotted a few flickers of life. Let's see if these newfound strengths actually outweigh its ongoing weaknesses.

Image source: Blue Apron.

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Stock Information

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

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