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

• Boxlight Corp BOXL.OQ reported a quarterly adjusted loss of $1.94​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-3.30. The mean expectation of two analysts for the quarter was for a loss of $2.36 per share. Wall Street expected results to range from $-2.40 to $-2.32 per share.

• Revenue fell 39.5% to $22.42 million from a year ago; analysts expected $26.71 million.

• Boxlight Corp's reported EPS for the quarter was a loss of $1.41​.

• The company reported a quarterly loss of $3.56 million.

• Boxlight Corp shares had risen by 15.8% this quarter and lost 11.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.7% 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 "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

This summary was machine generated from LSEG data May 14 at 08:55 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)