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

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LightInTheBox Company Profile

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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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