Lightinthebox (NYSE:LITB) announced its quarterly earnings results on Friday. The technology company reported ($0.27) earnings per share (EPS) for the quarter, MarketWatch Earnings reports. Lightinthebox had a negative return on equity of 49.31% and a negative net margin of 7.73%. The business had revenue of $44.50 million for the quarter.
Shares of Lightinthebox stock opened at $0.69 on Friday. Lightinthebox has a fifty-two week low of $0.60 and a fifty-two week high of $3.52.
Separately, ValuEngine lowered Lightinthebox from a “buy” rating to a “hold” rating in a report on Tuesday, September 4th.
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.
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