Lightinthebox (LITB) Announces Earnings Results

Lightinthebox (NYSE:LITB) released its earnings results on Friday. The technology company reported ($0.27) EPS for the quarter, MarketWatch Earnings reports. The company had revenue of $44.50 million during the quarter. Lightinthebox had a negative return on equity of 49.31% and a negative net margin of 7.73%.

LITB stock opened at $0.69 on Friday. Lightinthebox has a 52 week low of $0.60 and a 52 week high of $3.52.

Separately, ValuEngine cut shares of Lightinthebox from a “buy” rating to a “hold” rating in a research note on Tuesday, September 4th.

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About Lightinthebox

LightInTheBox Holding Co, Ltd., through its subsidiaries, operates as an online retail company worldwide. It provides apparel products, including customized, special occasion, and fast fashion apparel products; and other general merchandise products, such as accessories and gadgets, home and garden products, electronics and communication devices, and other products.

See Also: Understanding Price to Earnings Ratio (PE)

Earnings History for Lightinthebox (NYSE:LITB)

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