Revenue Update on Lightinthebox Holding Co Ltd-ADR(NYSE:LITB)

Lightinthebox Holding Co Ltd-ADR(NYSE:LITB) announced the earnings results for Fiscal Year 2015 and Q4. The results came in during Pre-market on Apr 11, 2016. Company reported revenue of $87.48M. Analysts estimated a revenue of $81.23M. Earnings per share were $0.12. Analysts had estimated an EPS of $0.12.

Lightinthebox Holding Co Ltd-ADR (LITB) shares turned negative on Fridays trading session with the shares closing down -0.0499 points or -1.58% at a volume of 99,776. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $3.3. The peak price level was also seen at $3.3 while the days lowest was $3.06. Finally the shares closed at $3.1001. The 52-week high of the shares is $6.46 while the 52-week low is $1.95. According to the latest information available, the market cap of the company is $150 M.

LightInTheBox Holding Co. Ltd. (LightInTheBox) is a global online retail company that delivers products directly to consumers around the world. The Company offers customers a range of products through and its other Websites as well as mobile applications which are available in 27 languages. As of December 31 2014 the Company had more than 764000 product listings. The Company has additional Websites for more specific products and geographic regions including for products targeting its Chinese customer base. The Company’s product offerings include Apparel and Other general merchandise. Apparel category includes customized special occasion apparel and fast fashion. The Company’s Other general merchandise category includes small accessories and gadgets home and garden electronics and communication devices and other products.

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Lightinthebox Holding Co Ltd-ADR - Is it time to Sell?

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