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

Boxlight (NASDAQ:BOXL) announced its quarterly earnings results on Friday. The company reported ($8.35) earnings per share (EPS) for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $30.08 million.

Boxlight Stock Down 9.8 %

NASDAQ BOXL traded down $0.18 during mid-day trading on Friday, hitting $1.61. The company’s stock had a trading volume of 20,567 shares, compared to its average volume of 232,327. The company has a current ratio of 2.10, a quick ratio of 1.08 and a debt-to-equity ratio of 5.67. The company’s 50 day simple moving average is $2.60 and its 200 day simple moving average is $2.54. Boxlight has a twelve month low of $1.36 and a twelve month high of $10.65. The firm 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.