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Why LightInTheBox Shares Are Gaining Today

Why LightInTheBox Shares Are Gaining Today

为什么 LightIntheBox 的股价今天上涨
Benzinga ·  2023/05/26 08:28
  • LightInTheBox Holding Co Ltd (NYSE:LITB), a cross-border e-commerce platform, reported first-quarter FY23 sales growth of 57.6% year-over-year to $147.8 million, versus $93.8 million last year.
  • Sales from Apparel increased by 77.3% Y/Y to $119.2 million, representing 80.7% of total revenues.
  • Loss per American Depositary Share was $(0.03) versus $(0.05) last year.
  • The gross margin for the quarter expanded 516 bps to 55.8%, and the gross profit rose 73.6% Y/Y to $82.5 million.
  • The operating loss for the quarter reduced to $(3.96) million against a loss of $(6.38) million last year.
  • Adjusted EBITDA was negative $(3.1) million, compared with negative $(4.6) million in 1Q23.
  • As of March 31, 2023, LITB had cash and equivalents of $73.6 million.
  • "Our improved financial performance during the first quarter reflects the appeal of our growing business operations, which we have built on a foundation of robust value-for-money offerings, quality customer cohorts, and innovative technologies. In particular, our AI-powered technologies enable us to target consumers' evolving demands efficiently and fulfill their needs through our value-for-money products while also enhancing our operational efficiency," commented Jian He, Chairman and CEO of LightInTheBox.
  • 2Q23 Outlook: LightInTheBox expects net revenues to be $180 million-$200 million.
  • Price Action: LITB shares are trading higher by 21.680% at $1.74 premarket on Friday.
  • LightIntheBox 控股有限公司 跨境电子商务平台（NYSE: LITB）报告称，23财年第一季度销售额同比增长57.6％，达到1.478亿美元，而去年同比增长9,380万美元。
  • 服装销售额同比增长77.3％，达到1.192亿美元，占总收入的80.7％。
  • 每股美国存托股份的亏损为美元（0.03），去年为0.05美元。
  • 本季度的毛利率增长了516个基点至55.8％，毛利同比增长73.6％至8,250万美元。
  • 本季度的营业亏损减少至396万美元，而去年的亏损为638万美元。
  • 调整后的息税折旧摊销前利润为负310万美元，而23年第一季度为负460万美元。
  • 截至2023年3月31日，LITB的现金及等价物为7,360万美元。
  • “我们在第一季度财务业绩的改善反映了我们不断增长的业务运营的吸引力，我们的业务运营建立在强大的物有所值的产品、优质的客户群和创新技术的基础上。特别是，我们的人工智能技术使我们能够有效地瞄准消费者不断变化的需求，通过我们的物有所值的产品满足他们的需求，同时提高我们的运营效率。” LightinTheBox董事长兼首席执行官何健评论道。
  • 23 年第 2 季度展望： LightinTheBox预计净收入为1.8亿至2亿美元。
  • 价格走势： 周五，LITB股价盘前上涨21.680％，至1.74美元。
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