Boxlight (BOXL) Scheduled to Post Earnings on Wednesday

Boxlight (NASDAQ:BOXL) will post its quarterly earnings results after the market closes on Wednesday, May 8th. Analysts expect Boxlight to post earnings of ($0.93) per share for the quarter. Boxlight has set its Q1 2024 guidance at EPS.Individual that wish to listen to the company’s earnings conference call can do so using this link.

Boxlight (NASDAQ:BOXL) last issued its quarterly earnings data on Wednesday, March 13th. The company reported ($0.63) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.66) by $0.03. The firm had revenue of $38.81 million for the quarter, compared to analyst estimates of $36.48 million. Boxlight had a negative return on equity of 37.72% and a negative net margin of 22.16%. During the same period last year, the company earned ($0.24) EPS.

Boxlight Trading Down 0.3 %

BOXL opened at $0.63 on Monday. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.22 and a current ratio of 2.17. The business has a 50 day moving average of $0.69 and a 200-day moving average of $0.97. Boxlight has a 52 week low of $0.49 and a 52 week high of $3.09.

Analyst Ratings Changes

A number of research analysts have recently commented on BOXL shares. HC Wainwright lowered their target price on Boxlight from $3.00 to $2.00 and set a “buy” rating for the company in a research note on Friday, March 15th. Alliance Global Partners lowered their target price on Boxlight from $4.50 to $2.50 and set a “buy” rating for the company in a research note on Thursday, March 14th.

Boxlight Company Profile

Boxlight Corporation designs, produces, and distributes interactive technology solutions for the education, health, corporate, military, and government sectors in the Americas, Europe, the Middle East, Africa, and internationally. The company provides interactive and non-interactive flat panel displays and whiteboards, LED video walls, digital signages, classroom audio and campus communication, cameras and other peripherals, and media players; and accessory document cameras, teacher pads for remote control, assessment systems, and front-of-class display products under the Mimio and Clevertouch brands.