LightInTheBox - ADR Share Price Today

LightInTheBox Q2 revenue falls 4% to $57 million; H1 up 3%

Q2 revenue fell 4% YoY to $57 million as long-tail products were phased out. First-half revenue grew 3% YoY to $108.8 million, with net income up 28%. Gross margin remained stable at 66.1% in Q2, up from 65.9% a year ago. Operating expenses dropped 4% to $35 million, improving the expense ratio to 62%. Company focuses on AI integration and expanding proprietary apparel brands.