LightInTheBox (LITB) Beats by $0.11

LightInTheBox Holding Co., Ltd. (LITB) reported fourth quarter non-GAAP EPS of ($0.01) before the opening bell Monday, compared to the consensus estimate of ($0.12). Revenues increased 42.3% from last year to $112.1 million. Analysts expected revenues of $111.42 million. The online retailer said non-GAAP net loss was $0.5 million, compared with non-GAAP net loss of $5.8 million in the same quarter of 2013.

Mr. Alan Guo, Chairman and CEO of LightInTheBox, commented, “We delivered a solid fourth quarter with revenues coming in ahead of our expectations, topping $100 million for the first time in our history despite unprecedented unfavorable global currency fluctuations…”

For the full-year 2014, the company reported net revenues of $382.4 million, an increase of 30.8% year-over-year with a total number of orders increasing by 51.5% to 9.7 million.

For Q1/15, LITB provided revenue guidance of $89-$91 million, compared to the consensus revenue estimate of $114.93 million.

On valuation measures, LightInTheBox Holding Co. Ltd. ADS shares, which currently have an average 3-month trading volume of 96K shares, trade with a P/E to growth ratio of (0.24). The high Wall Street price target on the name is $6.00. Currently ticker has no  ‘Buy’ endorsements, compared to 1 ’Hold’ and no ‘Sell’.

Profitability-wise, LITB has a t-12 profit and operating margin of (7.68%) and (7.82%), respectively. The $294.93 million market cap company reported $83.4 million in cash vs. $0 in debt in its most recent quarter.

LITB currently prints a one year loss of about 35.25% and a year-to-date loss of around 5.40%.

LightInTheBox Holding Co. Ltd. operates as an online retailing company that delivers products directly to consumers around the world. The firm was founded in 2007 and is headquartered in Beijing, the People’s Republic of China.

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