Blue Apron just can’t catch a break.
The New York-based cooking kit business released its third-quarter earnings before the bell on Thursday. The results were mixed.
The company handily beat revenue expectations, but its losses were also worse than expected.
Revenue was $210.6 million, a 3% increase from the same period last year. Analysts surveyed by Yahoo Finance had been predicting $191.5 million.
But losses were 47 cents per share, when Wall Street was bracing for a loss of 42 cents.
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