Boxlight Q2 2024 GAAP EPS $(0.18) Beats $(0.35) Estimate, Sales $38.514M Miss $43.915M Estimate
Portfolio Pulse from Benzinga Newsdesk
Boxlight (NASDAQ:BOXL) reported Q2 2024 GAAP EPS of $(0.18), beating the analyst estimate of $(0.35). However, sales of $38.514M missed the $43.915M estimate and were down 18.15% year-over-year.
August 07, 2024 | 9:02 pm
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Boxlight's Q2 2024 earnings per share of $(0.18) beat expectations, but sales of $38.514M missed estimates and declined 18.15% year-over-year.
While Boxlight's EPS beat expectations significantly, the miss on sales and the year-over-year decline in revenue present a mixed outlook. Investors may react neutrally in the short term as positive EPS is offset by disappointing sales figures.
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IMPORTANCE 80
RELEVANCE 100