Benzinga | Nov 16, 2020 04:31PM EST

Boxlight: Q3 Earnings Insights

Shares of Boxlight (NASDAQ:BOXL) fell 3.97% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 33.33% over the past year to ($0.02), which missed the estimate of ($0.01).

Revenue of $9,477,000 decreased by 18.32% year over year, which missed the estimate of $10,270,000.

Guidance

Boxlight hasn't issued any earnings guidance for the time being.

Q4 revenue expected to be between $27,000,000 and $27,000,000.

How To Listen To The Conference Call

Date: Nov 16, 2020

Time: 04:30 PM

ET Webcast URL: https://www.webcaster4.com/Webcast/Page/2213/38710

Technicals

Company's 52-week high was at $4.65

52-week low: $0.33

Price action over last quarter: down 27.54%

Company Overview

Boxlight Corp is a United States based education technology company. It develops, sells and services interactive classroom solutions for the education market. The company produces and distributes interactive technologies including Flat panels, Projectors, Whiteboards and Peripheral. It offers comprehensive services to clients and customers, including installation, training, consulting and maintenance. The company sells its products in various countries and generates revenue from the sale of software and interactive displays to the educational market.