Boxlight Reports Second Quarter 2020 Results
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Boxlight Corporation (BOXL) Tops Q2 EPS by 4c
August 14, 2020 8:34 AM EDTBoxlight Corporation (NASDAQ: BOXL) reported Q2 EPS of ($0.01), $0.04 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $7.8 million versus the consensus estimate of $7.89 million.
Key Financial Highlights for Q2 2020
Revenues decreased by 28% to $7.8 millionCustomer orders decreased by 55% to $6.4 millionGross profit increased by 670 basis points to 34%Operating expenses decreased by 17% to $3.5 millionOperating loss decreased by 36% to $0.8 millionNet loss was even at $1.4 millionEPS... More