Blue Apron (APRN) Tops Q1 EPS by 7c
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Blue Apron Holdings, Inc. Reports First Quarter 2018 Results
May 3, 2018 7:00 AM EDTKey Highlights:
Net revenue increased 5% sequentially from the fourth quarter of 2017 as Blue Apron methodically reaccelerated its marketing efforts. Net loss improvement of $7.5 million or 19% quarter-over-quarter; adjusted EBITDA improvement of $2.5 million or 13% quarter-over-quarter driven by strong focus on expense management and operational efficiencies. Subsequent to the first quarter, Blue Apron launched its multi-channel strategy with first retail expansion.
NEW YORK--(BUSINESS WIRE)-- Blue Apron Holdings, Inc. (NYSE: APRN) announced today financial results for the quarter ended March 31, 2018.
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