Boxlight (NASDAQ:BOXL) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Boxlight beat estimated earnings by 20.0%, reporting an EPS of $-0.04 versus an estimate of $-0.05.
Revenue was down $9.41 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 15.42% drop in the share price the next day.
Here’s a look at Boxlight’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.05 | 0.02 | -0.07 | -0.06 |
| EPS Actual | -0.03 | 0.03 | 0 | -0.07 |
| Revenue Estimate | 48.06M | 72.02M | 54.02M | 44.04M |
| Revenue Actual | 42.81M | 68.74M | 59.63M | 50.60M |
To track all earnings releases for Boxlight visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.