LightInTheBox Holding (LITB) Misses Q3 EPS by 7c
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LightInTheBox Reports Third Quarter 2015 Financial Results
December 21, 2015 5:42 AM ESTBEIJING, Dec. 21, 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 third quarter ended September 30, 2015.
Third Quarter 2015 Highlights
GAAP net revenues were $70.2 million, exceeding the Company's guidance of $67.0 million to $70.0 million. Non-GAAP1 net revenues were $80.2 million. Non-GAAP net income was $3.3 million, compared with non-GAAP net loss of $4.8 million in the same quarter of 2014. GAAP net loss, which includes $2.0 million in share-based... More