Boxlight Full Year 2022 Earnings: EPS Beats Expectations, Revenues Lag

Boxlight (NASDAQ:BOXL) Full Year 2022 Results

Key Financial Results

• Revenue: US$221.8m (up 20% from FY 2021).
• Net loss: US$5.01m (loss narrowed by 66% from FY 2021).
• US$0.072 loss per share (improved from US$0.25 loss in FY 2021).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Boxlight EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) exceeded analyst estimates by 12%.

Looking ahead, revenue is forecast to grow 2.0% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Tech industry in the US.

Performance of the American Tech industry.

The company's shares are down 9.8% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 4 warning signs for Boxlight (2 shouldn't be ignored) you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.