UPDATE: LightInTheBox Holding (LITB) Reports 1Q18 EPS of -0.12, Miss on Revenues
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LightInTheBox Reports First Quarter 2018 Financial Results
June 29, 2018 4:05 PM EDTBEIJING, June 29, 2018 /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 first quarter of 2018.
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... More
