Orchid Pavilion set to raise the third quarter revenue outlook

Beijing time, September 28 Morning News, the Orchid Pavilion (NYSE:LITB) announced in Friday, the third quarter of 2014, the net revenue outlook was raised to 94 million to 96 million U.S. dollars, and the previous outlook for 92 million to 94 million U.S. dollars. The new outlook is equivalent to an increase of 38% to 41% Year-on-year.

"Net revenue growth accelerated faster than we expected in the third quarter of 2014," said Guo, chairman and CEO of Orchid Pavilion. The strategic plans implemented over the past few quarters have benefited us gradually. In the process of enhancing the user experience, we will continue to focus on the implementation of the strategy. We look forward to announcing our progress to the market in the third quarter earnings conference call. ”

The higher revenue Outlook reflects the initial view of the pavilion's current third-quarter results, which could be adjusted. (D-Gold)