Boxlight (BOXL) Posts Quarterly Earnings Results, Misses Estimates By $0.69 EPS

Boxlight (NASDAQ:BOXL) issued its earnings results on Monday. The company reported ($0.78) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.69), reports.

Shares of NASDAQ BOXL traded up $0.69 during mid-day trading on Monday, hitting $4.75. The stock had a trading volume of 4,857 shares, compared to its average volume of 1,959. Boxlight has a 1 year low of $3.00 and a 1 year high of $9.17.

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Separately, Taglich Brothers initiated coverage on shares of Boxlight in a research note on Friday, March 16th. They issued a “speculative buy” rating and a $7.00 target price on the stock.

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About Boxlight

Boxlight Corporation, a visual display technology company, provides various technology solutions for the learning market in the United States and internationally. The company designs, produces, and distributes a range of interactive classroom technology products primarily targeted at the K-12 education market.

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