shares in hellofresh fell thursday after the company flagged a loss in active customers in the second quarter and revised downward its revenuegrowth outlook for 2023 despite projecting betterthanexpected quarterly adjusted earnings at 0728 gmt shares in the german mealkit maker were down 56 at eur2265 hellofresh said late wednesday that its activecustomer count in the second quarter was down by a high singledigit percentage but that this was partly mitigated by a higher average order value as a result the company expects secondquarter revenue to fall to 192 billion euros 215 billion from eur196 billion missing consensus expectations of eur194 billion fullyear revenue growth at constant currency is expected to be between 2 and 8 compared with 210 previously the company said hellofresh said it continues to target ending the year with growth in active customers but analysts at citi said the secondquarter decline in customer numbers will be seen as leaving more to do in the second half lower marketing spending helped hellofreshs profitability in the quarter the company said adjusted earnings before interest taxes depreciation and amortization for the quarter are forecast at between eur185 million and eur195 million against consensus estimates of eur145 million and the yearearlier result of eur146 million the company said the company expects fullyear adjusted ebitda of between eur470 million and eur540 million which compares with a eur460 millioneur540 million range previously anticipated investors will welcome the material adjusted ebitda outperformance during the quarter and question why there is a minimal impact on the profitability for the full fiscal year jefferies analysts said hellofresh plans to ramp up marketing spend in the third and fourth quarters it said