Blue Apron stock pops premarket after meal-kit company posts narrower-than-expected Q4 loss, revenue beat

Blue Apron Holdings Inc.

posted a narrower-than-expected loss for the fourth quarter on Thursday, and revenue that topped consensus estimates. The New Jersey-based meal-kit provider said it had a net loss of $21.8 million, or 49 cents a share, for the quarter, narrower than the loss of $26.4 million, or 93 cents a share, posted in the year-earlier period. Revenue was flat at $106.8 million after $107.0 million a year ago. The FactSet consensus was for a loss of 75 cents a share and revenue of $100.0 million.

posted a narrower-than-expected loss for the fourth quarter on Thursday, and revenue that topped consensus estimates. The New Jersey-based meal-kit provider said it had a net loss of $21.8 million, or 49 cents a share, for the quarter, narrower than the loss of $26.4 million, or 93 cents a share, posted in the year-earlier period. Revenue was flat at $106.8 million after $107.0 million a year ago. The FactSet consensus was for a loss of 75 cents a share and revenue of $100.0 million.

Company is living on borrowed time. They are still losing millions of dollars. No fix here.

Looks like Blue Apron is 'cooking' the books!

It was $8 is sept…

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