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LightinTheBox控股有限公司（LITB）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
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.
LightInTheBox報告稱，由於宏觀經濟的不利因素和激烈的競爭，總收入同比下降52％，至7100萬美元。
總運營支出同比下降47％，至4,500萬美元。
2024年第一季度的淨虧損從2023年同期的400萬美元縮小至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.
該公司將提高盈利能力作爲優先事項，並正在啓動戰略調整以實現產品差異化。
他們計劃完善美國等關鍵市場的本地化運營和營銷，並利用專有技術來提高運營效率和客戶服務。
More details: Lightinthebox IR
更多詳情： LightintheBox 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.
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譯文內容由第三人軟體翻譯。