LightInTheBox Reports Third Quarter 2024 Financial Results [Yahoo! Finance]
LightInTheBox Holding Co., Ltd. American Depositary Shares, each representing twelve ordinary shares (LITB)
Last lightinthebox holding co., ltd. american depositary shares, each representing twelve ordinary shares earnings: 6/15 06:00 am
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ir.lightinthebox.com
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Source: Yahoo! Finance
SINGAPORE Dec. 10, 2024 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a global online retailer focusing on proprietary apparel brands and design-driven collections tailored to evolving consumer preferences, today announced its unaudited financial results for the third quarter ended September 30, 2024 Third Quarter 2024 Financial Highlights: Total Revenues were $57 million , a 63% decrease year-over-year, reflecting the Company's strategic decision to prioritize margin preservation over market share in a highly competitive e-commerce environment. Gross Profit was $35 million , compared with $92 million in the same quarter last year. Gross Margin improved to 61% from 60% in the same period last year, driven by the successful introduction of higher-margin proprietary product lines. Operating Expenses declined by 63% year-over-year to $34 million , mainly due to reduced revenue along with effective cost management and operation
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LITB
News
- LightInTheBox Holding Co., Ltd. (NYSE: LITB) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- LightInTheBox Holding Co Ltd (LITB) Q3 2024 Earnings Call Highlights: Navigating Revenue ... [Yahoo! Finance]Yahoo! Finance
- LightInTheBox Reports Third Quarter 2024 Financial ResultsPR Newswire
- LightInTheBox Holding Co., Ltd. (NYSE: LITB) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- LightInTheBox to Report Third Quarter 2024 Financial Results on Tuesday, December 10, 2024 [Yahoo! Finance]Yahoo! Finance
LITB
Sec Filings
- 12/10/24 - Form 6-K
- 10/11/24 - Form 6-K
- LITB's page on the SEC website