LightInTheBox (NYSE:LITB) Releases Quarterly Earnings Results

LightInTheBox (NYSE:LITBGet Free Report) announced its quarterly earnings results on Tuesday. The technology company reported ($0.03) EPS for the quarter, Zacks reports. The firm had revenue of $71.17 million during the quarter. LightInTheBox updated its Q2 2024 guidance to EPS.

LightInTheBox Price Performance

LITB traded up $0.01 during trading on Wednesday, hitting $0.68. The company’s stock had a trading volume of 17,151 shares, compared to its average volume of 83,716. The firm’s 50 day moving average price is $0.73 and its 200-day moving average price is $0.94. The stock has a market cap of $75.36 million, a PE ratio of -8.38 and a beta of 0.90. LightInTheBox has a twelve month low of $0.60 and a twelve month high of $1.50.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on LightInTheBox in a research note on Tuesday. They issued a “buy” rating on the stock.

Get Our Latest Stock Report on LightInTheBox

LightInTheBox Company Profile

(Get Free Report)

LightInTheBox Holding Co, Ltd., together with its subsidiaries, operates as an online retailer that delivers products directly to its consumers worldwide. The company provides apparel products; and other general merchandise products, such as small accessories and gadgets, home garden, toys and hobbies, electronics and communication devices, and other products.

See Also

Earnings History for LightInTheBox (NYSE:LITB)

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