LightInTheBox Reports First Quarter 2018 Financial Results
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UPDATE: LightInTheBox Holding (LITB) Reports 1Q18 EPS of -0.12, Miss on Revenues
June 29, 2018 4:08 PM EDT(Updated - June 29, 2018 4:11 PM EDT)
(Updated - June 29, 2018 4:09 PM EDT)
LightInTheBox Holding (NYSE: LITB) reported Q4 EPS of ($0.12). Revenue for the quarter came in at $70.1 million versus the consensus estimate of $78.49 million.
First Quarter 2018 Financial Results
Net revenues decreased 3.6% year-over-year to $70.1 million from $72.7 million in the same quarter of 2017. Net revenues from product sales were $66.0 million, compared with $64.8 million in the same quarter of 2017. Net revenues from service and others were $4.1 million, compared with $7.9 million in the same quarter of 2017. As a percentage of net revenues, service and others... More