Boxlight Corp reports results for the quarter ended in December - Earnings Summary

Boxlight

13/03/2024 21:49

* Boxlight Corp  BOXL.OQ  reported a quarterly adjusted loss
of
$1.89​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of -32
cents.  The mean expectation of three analysts for the quarter
was for a loss of 63 cents per share. Wall Street expected
results to range from -69 cents to -53 cents per share.
    * Revenue fell 9.3% to $38.81 million from a year ago;
analysts
expected $36.55 million. 
    * Boxlight Corp's reported EPS for the quarter was a loss of
$1.89​.
    * The company reported a quarterly loss of $17.67 million.
    * Boxlight Corp shares had fallen by 11.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 56.7%
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." 
    * Wall Street's median 12-month price target for Boxlight
Corp is
$4.00 

This summary was machine generated from LSEG data March 13 at
09:48 p.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
 Dec. 31 2023      -0.63          -1.89          Missed
 Sep. 30 2023      0.34           -0.51          Missed
 Jun. 30 2023      -0.19          -0.12          Beat
 Mar. 31 2023      -0.37          -0.32          Beat