Boxlight Corp reports results for the quarter - Earnings Summary

Boxlight

14/11/2024 03:55

* 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