Boxlight Q3 EPS $(1.90) May Not Compare To $0.34 Estimate, Sales $47.96M Miss $59.74M Estimate
Portfolio Pulse from Benzinga Newsdesk
Boxlight reported Q3 losses of $(1.90) per share, missing the analyst consensus estimate of $0.34 by 658.82 percent. This is a 891.67 percent decrease from the same period last year. The company also reported quarterly sales of $47.96 million, missing the analyst consensus estimate of $59.74 million by 19.72 percent, a 30.22 percent decrease from the same period last year.
November 08, 2023 | 9:01 pm
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NEGATIVE IMPACT
Boxlight's Q3 earnings and sales significantly missed analyst estimates, indicating a potential negative impact on the stock.
Boxlight's Q3 earnings and sales have significantly missed analyst estimates. This underperformance is likely to negatively impact investor sentiment and could lead to a decrease in the stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100