Boxlight Corp reports results for the quarter - Earnings Summary

Reuters
2024-11-14
<a href="https://laohu8.com/S/BOXL">Boxlight Corp</a> reports results for the quarter - Earnings Summary
  • Boxlight Corp BOXL.OQ reported a quarterly adjusted loss of 34 cents​​ per share for the quarter , higher than the same quarter last year, when the company reported EPS of -51 cents. The mean expectation of three analysts for the quarter was for a loss of 16 cents per share. Wall Street expected results to range from -22 cents to -9 cents per share.

  • Revenue fell 26.9% to $36.29 million from a year ago; analysts expected $41.06 million.

  • Boxlight Corp's reported EPS for the quarter was a loss of 34 cents​.

  • The company reported a quarterly loss of $3.38 million.

  • Boxlight Corp shares had risen by 3.8% this quarter and lost 48.6% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts was unchanged in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the electronic equipment & parts peer group is also "buy"

Wall Street's median 12-month price target for Boxlight Corp is $1.50

This summary was machine generated from LSEG data November 14 at 03:55 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Sep. 30 2024

-0.16

-0.34

Missed

Jun. 30 2024

-0.35

-0.18

Beat

Mar. 31 2024

-0.86

-0.66

Beat

Dec. 31 2023

-0.63

-1.89

Missed

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