LightInTheBox Reports Fourth Quarter and Full Year 2020 Financial Results

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Go back to LightInTheBox Reports Fourth Quarter and Full Year 2020 Financial Results

LightInTheBox Holding (LITB) Reports Q4 Loss of $0.03 on Revenues of $132.745M

March 19, 2021 7:57 AM EDT

LightInTheBox Holding (NYSE: LITB) reported Q4 EPS of ($0.03), versus ($0.03) reported last year. Revenue for the quarter came in at $132.75 million, versus $74.72 million reported last year.

Fourth Quarter 2020 Financial Results

Total revenues increased by 77.7% year-over-year to $132.7 million from $74.7 million in the same quarter of 2019. Revenues generated from product sales were $129.5 million, compared with $71.7 million in the same quarter of 2019. Revenues from service and others were $3.2 million, compared with $3.0 million in the same quarter of 2019. Due to the increase of our orders, over $18 million worth of orders were in transit at the end of the... More