LightInTheBox ADR

LightInTheBox said the NYSE confirmed on June 26 that the company meets the ongoing listing standards under Section 802.01B and that its American Depositary Shares will continue to be traded. Market capitalization is now $56.07 million, above the $50 million threshold, after the NYSE sent a notice of noncompliance at the end of 2024. The NYSE accepted the compliance plan in May 2025 and granted an 18-month cure period; the stock rose 170% over the past year to $3.10, and InvestingPro still considers it undervalued. » Más en de.investing.com

The board of LightInTheBox has appointed Jian He as chairman of the board with immediate effect. Jian He will simultaneously retain his role as chief executive officer; the decision was made at a meeting in Singapore and announced in an SEC filing. » Más en de.investing.com

LightInTheBox reports Q1 2026 revenue of $52 million (+11% YoY) and net income of $1.2 million (compared with $0.1 million a year earlier). The company posted its eighth consecutive profitable quarter, a stable gross margin of 65% and strong growth in the branded apparel segment (+81%). Operating expenses rose 7%; management expects continued revenue and earnings growth in H2 2026 with a more pronounced recovery in Q2. No concrete quantitative targets were given for the remainder of the year; risks remain seasonal volatility, rising costs and competitive pressure. » Más en de.investing.com