Boxlight Q2 EPS $(0.12) Beats $(0.19) Estimate, Sales $47.05M Miss $50.04M Estimate
Portfolio Pulse from Benzinga Newsdesk
Boxlight reported Q2 losses of $(0.12) per share, beating the analyst consensus estimate of $(0.19) by 36.84%. However, the company's quarterly sales of $47.05 million missed the analyst consensus estimate of $50.04 million by 5.97%, marking a 21.09% decrease from the same period last year.
August 09, 2023 | 8:14 pm
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NEUTRAL IMPACT
Boxlight's Q2 earnings beat estimates but sales missed and decreased YoY. This mixed result could lead to uncertain market reactions.
Boxlight's Q2 earnings beat estimates, which is positive for the stock. However, the miss on sales and the YoY decrease could negatively impact the stock. The mixed results make the short-term impact uncertain.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100