LightInTheBox Reports Second Quarter 2025 Financial Results
1. LITB reports five consecutive profitable quarters, net income up to $2.0 million. 2. Total revenues decreased 15% year over year, showing improved stability. 3. Gross margin improved to 65.9%, focused on higher-margin proprietary products. 4. Operating expenses decreased 14% year over year, enhancing efficiency. 5. Expect to return to revenue growth in early 2026 with strong DTC strategy.