May 3, 2018 / 11:14 AM / 5 months ago

Blue Apron's loss narrows in first quarter

May 3 (Reuters) - Blue Apron's quarterly loss narrowed as the meal-kit delivery company cut back on marketing expenditure.

The New York-based company's net loss narrowed to $31.7 million or 17 cents per share in the three months ended March 31, from $52.2 million or 78 cents per share a year earlier.

Blue Apron, which went public in late June last year, said revenue fell to $196.7 million from $244.8 million, reflecting a planned reduction in marketing. (Reporting by Uday Sampath in Bengaluru; Editing by Sai Sachin Ravikumar)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below