Welcome to our dedicated page for Boxlight Corporation news (Ticker: BOXL), a resource for investors and traders seeking the latest updates and insights on Boxlight Corporation stock.
Boxlight Corporation (symbol: BOXL) is a US-based, leading provider of technology solutions to the education sector, as well as to corporate and government markets. Established in 1985, the company has been at the forefront of presentation technology. With the acquisition of Mimio in 2016, Boxlight expanded its product portfolio significantly, combining Mimio’s innovative education tools with its own expertise in display solutions.
Boxlight offers a range of interactive solutions designed to enhance learning environments. Their product lineup includes interactive flat panel displays, LED video walls, media players, classroom audio systems, campus communication tools, and a variety of cameras and peripherals. These technologies are geared towards creating dynamic and efficient educational experiences.
Additionally, Boxlight provides non-interactive solutions such as digital signage and flat panels. The company is also involved in distributing STEM (Science, Technology, Engineering, and Mathematics) products including 3D printing equipment, robotics kits, and portable science labs. These products are designed to foster engagement and hands-on learning in classrooms.
Boxlight’s commitment to the education market is evident through its powerful integrated solutions aimed at improving educational outcomes. Their continuous innovation and passion for learning promise to drive educational technology forward, benefiting both educators and students.
Boxlight’s financial health is supported by their steady growth and strategic partnerships. The company’s solutions are implemented globally, attesting to their quality and effectiveness in varied educational environments.
Stay tuned for the latest developments and news from Boxlight Corporation as they continue to transform classrooms around the world with their cutting-edge technology.
Boxlight Corporation (Nasdaq: BOXL) announced the implementation of ProColor interactive flat panel displays in Shamrock Independent School District, Texas. The district replaced older SMART boards and projectors with these user-friendly panels, aiming to enhance interactive learning experiences. Shamrock ISD estimates savings of $20,000 over five years compared to their previous technology. The Technology Coordinator noted that the panels facilitate teacher-student collaboration and make learning more engaging.
Boxlight Corporation (Nasdaq: BOXL) announced a significant financial performance for Q1 2021, reporting a 484% increase in revenues, reaching $33.4 million compared to Q1 2020. Customer orders surged 528% to $47.7 million. The company’s gross profit margin adjusted for acquisition-related effects improved to 28.0%. Although Boxlight reported a net loss of $(5.2) million, it showed improvement in adjusted EBITDA, which rose to $1.6 million. The company anticipates revenue of $39 million in Q2 2021, reflecting a strong sales pipeline.
Boxlight Corporation (Nasdaq: BOXL) has joined the Google Cloud Partner Advantage program as a Service Partner. This partnership enables Boxlight's EOS Education division to offer tailored professional development for educators aimed at utilizing Google Cloud tools effectively. Key services include live training sessions, self-paced courses, ongoing educator support, and custom development programs to address specific school needs. CEO Dr. Alexandra Leis highlighted Boxlight's prior experience with Google Cloud, emphasizing a commitment to enhancing educators' skills and improving learning outcomes with Google Workspace for Education.
Boxlight Corporation (Nasdaq: BOXL) will host its First Quarter 2021 financial results conference call on May 13, 2021, at 4:30 p.m. ET. Interested parties can join via a domestic dial-in number (1-877-876-9177) or internationally at (1-785-424-1672). The call will be web-streamed, and a replay will be available through May 13, 2022, with dial-in details provided. Boxlight provides interactive technology solutions to enhance engagement in business and education.
Boxlight Corporation (Nasdaq: BOXL) announces the successful implementation of Clevertouch interactive touchscreens at Monte Vista Primary School in Cape Town. The school expedited deployment, moving past a planned 3-year rollout due to high satisfaction from teachers and students. The technology has increased engagement, particularly vital during COVID-19 for collaboration. Boxlight aims to enhance its presence in the education technology sector, maintaining strong partnerships for growth.
Boxlight Corporation (Nasdaq: BOXL) has successfully implemented its ProColor interactive flat panel displays in Bennington Public Schools, which has seen a significant growth in enrollment over the past 15 years. The district anticipates a further 35% increase in enrollment across grade bands within the next decade. The ProColor displays enhance interactivity and engagement in classrooms, allowing teachers to annotate while moving around. This integration supports Boxlight's mission to provide innovative educational tools. For further details, visit Boxlight's website.
Boxlight Corporation (NASDAQ: BOXL) shared a letter from CEO Michael Pope detailing the company's growth and strategies amidst challenges posed by COVID-19. The company reported record orders of $33 million and revenues of $32 million for Q4 2020, exceeding guidance. With a strong sales pipeline and a focus on government funding for education technology, Boxlight has expanded its global presence through acquisitions, including Sahara Presentation Systems. The company anticipates $31 million in revenue for Q1 2021, reflecting increased demand and a commitment to innovation in educational technology.
Boxlight Corporation (Nasdaq: BOXL) announced that The British Computer Society has selected its Clevertouch® UX Pro touchscreen displays for their new offices. This choice aims to establish a digital-first environment enhancing communication and collaboration for 260 relocated staff. The Clevertouch UX Pro was chosen for its innovative design and cost-effectiveness, providing multifunctionality as a whiteboard, presentation board, and communication screen. The British Computer Society aims to maximize the utility of their investment, seeking two to three uses per product pound spent.
Boxlight Corporation (Nasdaq: BOXL) has secured a two-year extension agreement for Audio Visual Equipment and Accessories with the New York State Office of General Services. This contract allows Boxlight to reach more customers, including educational institutions that prioritize Minority and Women-owned Business Enterprises (MWBE) and Service-Disabled Veteran Owned Businesses (SDVOB). With an eye on innovation, Boxlight aims to enhance educational environments through its advanced products. The agreement positions Boxlight favorably in the education technology market, especially amid demands for federal relief funding.
Boxlight Corporation (Nasdaq: BOXL) announced the successful integration of its ProColor interactive flat panel displays at the Clelian Heights School for Exceptional Children in Greensburg, PA. These displays enhance engagement for students with special needs, enabling effective participation in virtual classrooms. The technology is particularly beneficial for remote learning, allowing students to connect seamlessly. The integration represents a significant step in using advanced technology to improve educational outcomes for diverse learners.
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