LightInTheBox Clocks 7.3% Revenue Growth In Q2, Beats Consensus_老虎社区_美港股上老虎

LightInTheBox Clocks 7.3% Revenue Growth In Q2, Beats Consensus

Benzinga2021-09-07

E-commerce platform LightInTheBox Holding Co Ltd (NYSE:LITB) reported second-quarter FY21 revenue growth of 7.3% year-on-year to $122.2 million, beating the analyst consensus of $78.5 million.
Revenues generated from product sales were $119.3 million, compared with $107.2 million in Q2 of 2020. Revenues from service and others were $2.9 million, compared with $6.7 million in Q2 of 2020.
The gross margin expanded 330 bps to 46.8%.
The net income rose 11.6% Y/Y to $9.5 million.
Net income per ADS was flat at $0.08.
LightInTheBox held $58.2 million in cash and equivalents.
Price Action: LITB shares traded higher by 3.03% at $1.36 in the premarket session on the last check Tuesday.

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·2021-11-10
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Revenues from service and others were $2.9 million, compared with $6.7 million in Q2 of 2020.</li>\n<li>The gross margin expanded 330 bps to 46.8%.</li>\n<li>The net income rose 11.6% Y/Y to $9.5 million.</li>\n<li>Net income per ADS was flat at $0.08.</li>\n<li>LightInTheBox held $58.2 million in cash and equivalents.</li>\n<li><strong>Price Action:</strong> LITB shares traded higher by 3.03% at $1.36 in the premarket session on the last check Tuesday.</li>\n</ul>\n</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LITB":"兰亭集势"},"source_url":"https://www.benzinga.com/news/earnings/21/09/22821622/lightinthebox-clocks-7-3-revenue-growth-in-q2-beats-consensus","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2165427353","content_text":"E-commerce platform LightInTheBox Holding Co Ltd (NYSE:LITB) reported second-quarter FY21 revenue growth of 7.3% year-on-year to $122.2 million, beating the analyst consensus of $78.5 million.\nRevenues generated from product sales were $119.3 million, compared with $107.2 million in Q2 of 2020. 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