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$LITB Beats Earnings...
BEIJING , April 22, 2020 /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 fourth quarter ended December 31, 2019 .
Fourth Quarter 2019 Highlights
Total revenues regained significant growth momentum increasing 29.9% year-over-year to $74.7 million .
Gross margin improved to 40.4% from 34.6% in the same quarter of 2018.
Net income was $12.5 million , compared with a net loss of $24.4 million in the same quarter of 2018.
BEIJING , April 22, 2020 /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 fourth quarter ended December 31, 2019 .
Fourth Quarter 2019 Highlights
Total revenues regained significant growth momentum increasing 29.9% year-over-year to $74.7 million .
Gross margin improved to 40.4% from 34.6% in the same quarter of 2018.
Net income was $12.5 million , compared with a net loss of $24.4 million in the same quarter of 2018.
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