Boxlight Q4 2023 Adj EPS $(0.60) Beats $(0.63) Estimate, Sales $38.812M Beat $36.552M Estimate
Portfolio Pulse from Benzinga Newsdesk
Boxlight reported Q4 2023 adjusted EPS of $(0.60), surpassing the $(0.63) estimate, with sales of $38.812M exceeding the $36.552M forecast. This represents a 9.35% decrease in sales compared to the same period last year.
March 13, 2024 | 8:19 pm
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POSITIVE IMPACT
Boxlight's Q4 2023 earnings surpassed estimates with an adjusted EPS of $(0.60) and sales of $38.812M, indicating a potential positive short-term impact.
Beating both EPS and sales estimates typically generates positive investor sentiment, potentially leading to a short-term increase in stock price. However, the year-over-year sales decrease might temper some of the positive impact.
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