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

Boxlight (NASDAQ:BOXL) issued its earnings results on Friday. The company reported ($8.35) EPS 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 analyst estimates of $30.08 million. Boxlight had a negative return on equity of 164.45% and a negative net margin of 19.44%.

Boxlight Stock Performance

Boxlight stock opened at $1.61 on Friday. The company has a market cap of $3.16 million, a PE ratio of -0.10 and a beta of 1.62. Boxlight has a 12 month low of $1.36 and a 12 month high of $10.65. The company has a fifty day moving average price of $2.60 and a two-hundred day moving average price 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.

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.