LightInTheBox Holding Q2 EPADS $(0.01) Up From $(0.02) YoY, Sales $191.77M Up From $132.35M YoY
Portfolio Pulse from Benzinga Newsdesk
LightInTheBox Holding (NYSE:LITB) reported Q2 losses of $(0.01) per share, a 50% improvement from $(0.02) per share YoY. Sales increased by 44.89% to $191.77 million from $132.35 million YoY.
September 15, 2023 | 10:02 am
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POSITIVE IMPACT
LightInTheBox's Q2 results show improved losses and increased sales YoY. This could indicate a positive trend for the company.
The company's losses have decreased by 50% and sales have increased by 44.89% YoY. This indicates a positive financial trend, which could lead to a potential increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100