Boxlight to Hold First Quarter 2022 Financial Results Conference Call

Rhea-AI Summary

Boxlight Corporation (Nasdaq: BOXL) will hold its First Quarter 2022 results conference call on May 12, 2022, at 4:30 p.m. Eastern Time. The company achieved revenues exceeding $44 million and reported $2 million in Adjusted EBITDA. Despite facing supply chain challenges, Boxlight noted increasing global demand for its interactive technology solutions. The call will provide insights into the company's ongoing initiatives and financial performance, with management available for questions post-presentation.

Positive

• Achieved revenues exceeding $44 million.
• Reported $2 million in Adjusted EBITDA.
• Experiencing growing global demand for solutions.

Negative

• Continued supply chain and logistics challenges.

LAWRENCEVILLE, Ga.--(BUSINESS WIRE)-- Boxlight Corporation (Nasdaq: BOXL), a leading provider of interactive technology solutions, will hold its First Quarter 2022 results conference call on Thursday, May 12, 2022 at 4:30 p.m. Eastern Time. The conference details are as follows:

Date:			Thursday, May 12, 2022
Time:			4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time
Dial-in:			1-877-545-0523 (Domestic) 1-973-528-0016 (International)
Participant Access Code:			597977
Webcast:			https://www.webcaster4.com/Webcast/Page/2213/45498

For those unable to participate during the live broadcast, a replay of the conference call will be available until 11:59 p.m. Eastern Time on Friday, May 12, 2023, by dialing 1-877-481-4010 (domestic) and 1-919-882-2331 (international) and referencing the replay passcode 45498.

“We made progress during the first quarter across a number of key company initiatives and delivered another strong financial performance, exceeding our guidance of $44 million revenue and $2 million Adjusted EBITDA,” commented Michael Pope, CEO and Chairman at Boxlight. “Despite continued supply chain and logistics challenges, we are experiencing growing demand for our solutions globally and our team is operating at very high level.”

Senior management will be available for questions from the investment community following prepared remarks.

About Boxlight Corporation

Boxlight Corporation (Nasdaq: BOXL) is a leading provider of interactive technology solutions under its award-winning brands Clevertouch®, FrontRow™ and Mimio^®. The Company aims to improve engagement and communication in diverse business and education environments. Boxlight develops, sells and services its integrated solution suite including interactive displays, collaboration software, audio solutions, supporting accessories and professional services. For more information about Boxlight and the Boxlight story, visit http://www.boxlight.com, https://www.clevertouch.com and https://www.gofrontrow.com.

Forward Looking Statements

This press release may contain information about Boxlight's view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements because of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to maintain and grow its business, variability of operating results, its development and introduction of new products and services, marketing and other business development initiatives and competition in the industry. Boxlight encourages you to review other factors that may affect its future results in its filings with the SEC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220505005649/en/

Media Relations

Sunshine Nance

+1 360-464-2119 x254

sunshine.nance@boxlight.com



Investor Relations

+1 360-464-4478

investor.relations@boxlight.com

Source: Boxlight Corporation

FAQ

What were Boxlight's revenue and EBITDA for Q1 2022?

Boxlight reported revenues exceeding $44 million and Adjusted EBITDA of $2 million for Q1 2022.

When will Boxlight's Q1 2022 earnings call take place?

Boxlight's Q1 2022 earnings call is scheduled for May 12, 2022, at 4:30 p.m. Eastern Time.

What challenges is Boxlight facing in 2022?

Boxlight is encountering ongoing supply chain and logistics challenges.

How can I access the replay of Boxlight's Q1 earnings call?

The replay of Boxlight's Q1 earnings call can be accessed by dialing 1-877-481-4010 until 11:59 p.m. Eastern Time on May 12, 2023.