LightInTheBox Reports First Quarter 2021 Financial Results
News provided by
Share this article
Share this article
SHANGHAI, June 1, 2021 /PRNewswire/ LightInTheBox Holding Co., Ltd. (NYSE: LITB) ( LightInTheBox or the Company ), a cross-border e-commerce platform that delivers products directly to consumers around the world, today announced its unaudited financial results for the first quarter ended March 31, 2021.
First Quarter 2021 Financial Highlights
Three Months Ended
$
60.1
Mr. Jian He, Chief Executive Officer of LightInTheBox, commented, We were very pleased to start 2021 with strong growth momentum and more than doubling the revenues for the first quarter compared with a year ago. Total revenues were $112.0 million in the first quarter of 2021, compared with $51.5 million in the same quarter of 2020. Adjusted EBITDA and net income in the first quarter of 2021 reached $2.3 million and $1.4 million, respectively, compared with $1.4 million and $0.7 million in t
Beijing
China
Shanghai
United-states
Hong-kong
Jian-he
Sichuan
American
Linda-bergkamp
Xiaoyan-su
Exchange-commission
Lightinthebox-holding-co