Earnings Call Summary | Lightinthebox(LITB.US) Q1 2024 Earnings Conference
Earnings Call Summary | Lightinthebox(LITB.US) Q1 2024 Earnings Conference
The following is a summary of the LightInTheBox Holding Co., Ltd. (LITB) Q1 2024 Earnings Call Transcript:
以下是蘭亭集勢控股有限公司(LITB)2024財年第一季度業績會議要點摘要:
Financial Performance:
金融業績:
LightInTheBox reported a decrease in total revenues by 52% year-over-year to $71 million due to macroeconomic headwinds and intensive competition.
The total operating expenses decreased by 47% year-over-year to $45 million.
Net loss for Q1 2024 narrowed to $3.8 million from $4 million in the same quarter of 2023.
由於宏觀經濟風險和激烈競爭,蘭亭集勢報告總收入同比下降52%,至7100萬美元。
總營業費用同比下降47%,至4500萬美元。
2024財年第一季度淨虧損從2023年同期的400萬美元收窄至380萬美元。
Business Progress:
業務進展:
The company is prioritizing profitability improvement and is initiating strategy adjustments to differentiate its offerings.
They plan to refine localized operations and marketing in key markets, such as the United States, and leverage proprietary technologies to enhance operational efficiency and customer service.
該公司正在優先考慮盈利能力的提高,並開始策略性調整來區分其提供的產品。
他們計劃在關鍵市場,如美國,優化本地化運營和營銷,並利用自有技術提高運營效率和客戶服務。
More details: Lightinthebox IR
更多詳情:蘭亭集勢IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:如需更全面的詳情,請參閱投資人關係網站。本文僅供投資者參考,不作任何指引或建議。
譯文內容由第三人軟體翻譯。