LightInTheBox Reports Fourth Quarter 2018 Financial Results
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LightInTheBox Holding (LITB) Reports Q4 Loss of $0.36, Revenues Miss; Offers Q1 Revenue Outlook
March 29, 2019 7:57 AM EDTLightInTheBox Holding (NYSE: LITB) reported Q4 EPS of ($0.36), versus ($0.05) reported last year. Revenue for the quarter came in at $57.5 million versus the consensus estimate of $78.49 million.
The Company generated positive cash flow with cash and cash equivalents of $38.8 million as of December 31, 2018, a slight increase from $37.5 million as of September 30, 2018.Gross margin improved to 34.6%... More