Black Box Corp. (BBOX) Shares Up 2.2%
Black Box Corp. (NASDAQ:BBOX) shares rose 2.2% on Thursday . The company traded as high as $14.31 and last traded at $14.25, with a volume of 70,194 shares trading hands. The stock had previously closed at $13.95.
The firm’s 50-day moving average price is $13.81 and its 200-day moving average price is $13.39. The company’s market cap is $221.01 million.
Black Box Corp. (NASDAQ:BBOX) last released its quarterly earnings results on Tuesday, August 2nd. The company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by $0.09. The firm had revenue of $218.50 million for the quarter, compared to the consensus estimate of $218.03 million. The company’s quarterly revenue was down 4.7% compared to the same quarter last year. During the same period last year, the firm posted $0.22 EPS. On average, analysts forecast that Black Box Corp. will post $0.75 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, October 14th. Stockholders of record on Friday, September 30th will be given a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, September 28th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.29%.
Black Box Corporation is a technology solutions provider. The Company is engaged in designing, building, managing and securing the information technology (IT) infrastructure. Offerings under the Company’s Products platform include IT infrastructure, specialty networking, multimedia and keyboard/video/mouse (KVM) switching.
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