LightInTheBox Holdings Up 20% Boosts Rev Outlook 2%

LightInTheBox Holding Co., Ltd.

jumped 20 percent after the company boosted its second quarter guidance by about 2 percent. The Beijing-based online retailer now expects revenue for the period in a range between $86 million to $88 million, up from an earlier range of $84 million to $86 million. The outlook suggests revenue for the period will grow 19% to 22% from the same period in 2013, and Chief Executive Alan Guo said he's" encouraged by the better-than-expected results" LightInTheBox posted a first-quarter loss of 9 cents a share on revenue of $81.5 million. The year-earlier loss was 12 cents a share on revenue of $78.8 million. Shares traded recently at $6.13, up 19.96 percent. During the past 52 weeks shares have ranged from $4.61 to $23.38.