Blue Apron (APRN) PT Lowered to $11 at Canaccord Genuity
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Blue Apron Holdings, Inc. Reports Second Quarter 2017 Results
August 10, 2017 7:15 AM EDTNet Revenue Up 18% Year-Over-Year Driven by Customer Growth of 23%
NEW YORK--(BUSINESS WIRE)-- Blue Apron Holdings, Inc. (NYSE: APRN) announced today financial results for the quarter ended June 30, 2017.
"In the second quarter, we saw an 18 percent year-over-year increase in net revenue, and a $20.6 million improvement in our net loss between the first and second quarters. We recently strengthened our balance sheet as a result of our initial public offering, convertible note issuance and the expansion of our revolving credit facility,"Â said Matt Salzberg, chief executive... More
