NASDAQ$BOXL

Boxlight Corp · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Reported a decrease in revenue due to COVID-19, but improved gross margin and reduced operating loss.

Boxlight reported Q2 2020 revenue of $7.8 million, a decrease of 28% compared to Q2 2019. The company's gross margin increased to 34.4% from 27.7% in the same period last year, and operating loss decreased by 36% to $0.8 million.

  • Revenue decreased by 28% to $7.8 million due to COVID-19 related school closures.
  • Gross margin increased to 34.4% compared to 27.7% in the prior year.
  • Operating loss decreased by 36% to $0.8 million.
  • Adjusted EBITDA loss improved by 69% to $0.3 million.

Headline financials

Total Revenue

$7.83M

Previous: $11.1M-29.5%
EPS (adj)

-$0.08

Previous: -$0.40+80.0%
Free Cash Flow

-$1.43M

Previous: -$1.16M-22.7%
Net Income

-$1.43M

Previous: -$1.16M-22.7%
Operating Income

-$794K

Previous: -$971K+18.2%
Gross Profit

$2.69M

Previous: $3.25M-17.2%
Cash & Equivalents

$6.13M

Previous: $945K+548.7%
Total Assets

$28.1M

Previous: $24M+17.1%

Revenue & EPS history

Boxlight · Revenue · Quarterly

$7.83M

Q2 2020-29.5%vs Q2 2019
Beat estimate in 5 of 10 quarters(50%)
ActualEstimate

Revenue by segment

Boxlight · $22.4M total across 2 segments · Q1 2026

  • Product revenue
    $20.6M
  • Service revenue
    $1.88M

Forward guidance

Boxlight is well-positioned to provide solutions for educators in various learning environments and is committed to driving shareholder value through revenue growth and improved profitability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2020

Historical avgQ2 2020

-3.5%

Avg return

Earnings day

-6.3%

Avg return

5 days after

-0.1%

Avg return

30 days after

36%

12 / 33 earnings

Positive

+19.4%

Q1 2025

Best reaction

-29.9%

Q3 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.0%-13.8%+400.0%
Q4 2025+5.8%-2.5%-27.5%
Q3 2025-12.9%-19.6%-41.4%
Q2 2025-7.3%-14.8%-12.9%
Q1 2025+19.4%-1.7%+1.2%
Q4 2024+15.6%-11.9%+7.5%
Q3 2024-8.7%-21.6%-21.8%
Q2 2024-6.8%-6.7%-13.1%
Q1 2024+4.8%+2.9%+17.3%
Q4 2023-19.8%-20.6%-35.2%
Q3 2023-26.7%-23.3%-36.6%
Q2 2023-4.0%-0.9%-13.2%
Q1 2023-8.2%-14.8%-15.3%
Q4 2022-12.9%-23.2%-25.5%
Q3 2022-13.3%-1.2%-33.6%
Q2 2022+13.0%+16.0%+0.9%
Q1 2022+12.8%+19.7%-14.7%
Q4 2021+9.7%-7.6%-5.9%
Q3 2021-15.6%-23.5%-39.5%
Q2 2021+14.9%+12.8%+23.1%
Q1 2021-0.4%+2.7%+13.0%
Q4 2020+5.8%+7.0%-23.4%
Q3 2020-14.3%-12.5%-1.2%
Q2 2020-4.6%-6.0%-33.2%
Q1 2020+2.3%+90.8%+12.3%
Q3 2019-2.9%-5.7%-26.9%
Q2 2019-1.5%-4.1%-16.2%
Q1 2019-7.0%-10.4%-21.0%
Q4 2018+8.8%-2.0%+30.6%
Q3 2018-29.9%-36.4%-45.4%
Q2 2018-19.8%-23.2%-37.6%
Q1 2018-16.6%-38.6%-50.9%
Q4 2017+7.4%-12.1%+82.8%
Q3 2017
Q4 2016
Q2 2017
Q3 2016
Q1 2017
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro