Boxlight Corp reports results for the quarter ended December 31 - Earnings Summary

• Boxlight Corp BOXL.OQ reported a quarterly adjusted loss of $8.66​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-9.45. The mean expectation of two analysts for the quarter was for a loss of $2.82 per share. Wall Street expected results to range from $-3.00 to $-2.65 per share.

• Revenue fell 38.2% to $24.00 million from a year ago; analysts expected $30.08 million.

• Boxlight Corp's reported EPS for the quarter was a loss of $8.66​.

• The company reported a quarterly loss of $17.02 million.

• Boxlight Corp shares had fallen by 6.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 19.4% 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 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electronic equipment & parts peer group is "hold."

• Wall Street's median 12-month price target for Boxlight Corp is $6.25

This summary was machine generated from LSEG data March 28 at 08:59 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)