Boxlight (NASDAQ:BOXL) Posts Earnings Results, Misses Estimates By $8.06 EPS

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

Boxlight Stock Performance

NASDAQ:BOXL opened at $1.61 on Friday. The firm has a 50-day moving average of $2.60 and a two-hundred day moving average of $2.54. The company has a debt-to-equity ratio of 5.67, a current ratio of 2.10 and a quick ratio of 1.08. The stock has a market cap of $3.16 million, a P/E ratio of -0.10 and a beta of 1.62. Boxlight has a 1-year low of $1.36 and a 1-year high of $10.65.

About Boxlight

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.