Boxlight (BOXL) to Release Quarterly Earnings on Wednesday

Boxlight (NASDAQ:BOXL) is set to release its earnings data 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.Parties that wish to listen to the company’s conference call can do so using this link.

Boxlight (NASDAQ:BOXL) last issued its earnings results on Wednesday, March 13th. The company reported ($0.63) EPS for the quarter, beating the consensus estimate of ($0.66) by $0.03. Boxlight had a negative return on equity of 37.72% and a negative net margin of 22.16%. The business had revenue of $38.81 million for the quarter, compared to the consensus estimate of $36.48 million. During the same period last year, the business posted ($0.24) EPS.

Boxlight Trading Up 1.1 %

BOXL stock opened at $0.64 on Tuesday. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.22 and a current ratio of 2.17. Boxlight has a 1-year low of $0.49 and a 1-year high of $3.09. The business has a fifty day moving average price of $0.68 and a 200-day moving average price of $0.96.

Analyst Ratings Changes

Several research analysts have issued reports on BOXL shares. HC Wainwright dropped their target price on Boxlight from $3.00 to $2.00 and set a “buy” rating on the stock in a research report on Friday, March 15th. Alliance Global Partners dropped their price objective on shares of Boxlight from $4.50 to $2.50 and set a “buy” rating on the stock in a report 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.