LightInTheBox Holding (LITB) Tops Q4 EPS by 11c; Guides Q1 Net Revenue
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LightInTheBox Reports Fourth Quarter and Full Year 2014 Financial Results
March 9, 2015 6:31 AM EDTBEIJING, March 9, 2015 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a global online retail company that delivers products directly to consumers around the world, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2014.
Fourth Quarter 2014 Highlights
Net revenues were $112.1 million, an increase of 42.4% year-over-year. Considering an $8.0 million year-over-year unfavorable impact from changes in foreign exchange rates, non-GAAP net revenues would have been $120.1 million Total number of orders grew 53.9% year-over-year to 3.1 million, while the total... More