Boxlight to Hold First Quarter 2023 Financial Results Conference Call

Rhea-AI Summary

Boxlight Corporation (Nasdaq: BOXL) announced its First Quarter 2023 earnings conference call scheduled for May 10, 2023, at 4:30 p.m. ET. The company reported a revenue exceeding $40 million and gross margins above 35%, indicating strong operational performance. CEO Michael Pope expressed optimism about future growth, citing momentum from the first quarter. The call will allow management to address questions from investors after the prepared remarks. A replay will be available until May 24, 2023. For more details, visit Boxlight's official website.

Positive

• Revenue exceeded $40 million, indicating growth.
• Gross margins were above 35%, showcasing operational efficiency.
• Positive guidance and strong outlook for the remainder of 2023.

Negative

• None.

DULUTH, Ga.--(BUSINESS WIRE)-- Boxlight Corporation (Nasdaq: BOXL), a leading provider of interactive technology solutions, will hold its First Quarter 2023 earnings conference call on Wednesday, May 10, 2023 at 4:30 p.m. Eastern Time. The conference details are as follows:

Date:		Wednesday May 10, 2023
Time:		4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time
Dial-in:		1-888-506-0062 (Domestic)
		1-973-528-0011 (International)
Participant Access Code:		308551
Webcast:		https://www.webcaster4.com/Webcast/Page/2213/48146

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 Wednesday May 24, 2023, by dialing 1-877-481-4010 (domestic) and 1-919-882-2331 (international) and referencing the replay passcode 48146.

“We completed the first quarter with significant momentum, achieving gross margins in excess of 35% and revenue exceeding our guidance of $40 million,” commented Michael Pope, CEO and Chairman at Boxlight. We are excited about the outlook for the remainder of the year as we continue to deliver improved operating performance.”

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 www.boxlight.com, www.clevertouch.com and 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/20230420006003/en/

Media Relations

Sunshine Nance

+1 360-464-2119 x254

sunshine.nance@boxlight.com

Investor Relations

Greg Wiggins

+1 360-464-4478

investor.relations@boxlight.com

Source: Boxlight Corporation

FAQ

When will Boxlight Corporation hold its First Quarter 2023 earnings conference call?

Boxlight Corporation will hold its earnings conference call on May 10, 2023, at 4:30 p.m. Eastern Time.

What revenue did Boxlight Corporation achieve in the first quarter of 2023?

Boxlight Corporation reported revenue exceeding $40 million in the first quarter of 2023.

What are the gross margins reported by Boxlight Corporation for Q1 2023?

Boxlight Corporation reported gross margins in excess of 35% for Q1 2023.

Is there a replay available for the Boxlight earnings call?

Yes, a replay of the Boxlight earnings conference call will be available until May 24, 2023.