1-800-FLOWERS.COM Revenue Drops 20.4% in First Quarter

1-800-FLOWERS.COM, Inc. posted first-quarter revenue of $171.4 million, down 20.4% from a year earlier, as non-GAAP earnings per share also fell short of estimates. Non-GAAP earnings per share was a loss of $0.78, missing estimates by $0.21. Revenue came in $25.09 million below estimates. The company recorded a $50.6 million net loss from continuing operations, equal to a loss of $0.79 per diluted share. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost