Boxlight (NASDAQ:BOXL) Releases Quarterly Earnings Results, Misses Expectations By $8.06 EPS

Boxlight (NASDAQ:BOXL) issued its quarterly earnings data on Friday. The company reported ($8.35) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.29) by ($8.06), Zacks reports. Boxlight had a negative return on equity of 164.45% and a negative net margin of 19.44%. The firm had revenue of $30.08 million for the quarter, compared to the consensus estimate of $30.08 million.

Boxlight Trading Down 9.8 %

Shares of NASDAQ:BOXL traded down $0.18 during midday trading on Friday, hitting $1.61. 20,567 shares of the stock were exchanged, compared to its average volume of 232,327. The business’s 50-day moving average price is $2.60 and its 200 day moving average price is $2.54. Boxlight has a 12 month low of $1.36 and a 12 month high of $10.65. The company has a debt-to-equity ratio of 5.67, a quick ratio of 1.08 and a current ratio of 2.10. The stock has a market capitalization of $3.16 million, a price-to-earnings ratio of -0.10 and a beta of 1.62.

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.