LightInTheBox Holding (LITB) Reports Q2 Loss of $0.14, Revenues Miss

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LightInTheBox Reports Second Quarter 2018 Financial Results

September 20, 2018 6:00 AM EDT

BEIJING, Sept. 20, 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 second quarter of 2018.

Second Quarter 2018 Financial Results

Net revenues decreased 29.4% year-over-year to $55.4 million from $78.5 million in the same quarter of 2017. Net revenues from product sales were $52.0 million, compared with $73.7 million in the same quarter of 2017. Net revenues from service and others were $3.4 million, compared with $4.8 million in the same... More