Boxlight Corporation (NASDAQ:BOXL) a visual display technology company, is reporting third quarter earnings results on Monday 16th November 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.01 per share.
For the full year, analysts predict revenues of $ 46.76 million, while looking forward to loss of $ 0.16 per share.
Previous Quarter Performance
Boxlight Corporation communicated loss for the second quarter of $ 0.01 per share, from the revenue of $ 7.83 million. The quarterly revenues declined 29.46 percent compared with the same quarter last year. Street analysts expected Boxlight Corporation to report loss of $ 0.05 per share on revenue of $ 7.89 million for the second quarter. The bottom line results beat street analysts by $ 0.04 or 80.00 percent, at the same time, top line results fell short of analysts by $ 0.06 million or 0.76 percent.
Stock Performance
On Friday, shares of Boxlight Corporation has traded high as $ 1.74 and has cracked $ 1.61 on the downward trend, reaching $ 1.68 with volume of 6.72 million shares.
According to the previous trading day, closing price of $ 1.68, representing a 387.88 % increase from the 52 week low of $ 0.33 and a 65.38 % decrease over the 52 week high of $ 4.65.
The company has a market capital of $ 85.46 million and is part of the Technology sector and Communication Equipment industry.
Conference Call
Boxlight Corporation will be hosting a conference call at 4:30 PM eastern time on 16th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, 1-888-567-1603 or 1-862-298-0702 Toll Number in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website investors.boxlight.com
Boxlight Corporation, an education technology company, develops, sells, and services interactive classroom solutions for the education market worldwide. The company provides a range of interactive classroom technology products primarily targeted at the K-12 education market. Its products include interactive projectors, interactive flat panel displays, interactive touch projectors, touchboards, and MimioTeach that could turn any whiteboard interactive; and accessory document cameras, teacher pads for remote control, and assessment systems.
