Recap: Boxlight Q1 Earnings

Boxlight (NASDAQ:BOXL) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM. Here’s what investors…

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.

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