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) has launched a podcast titled Motivating Young Women into STEM Careers, featuring Hannah Olson, Co-founder of MyStemKits.com. The podcast emphasizes the significance of STEM education for young women and the positive impact of interactive learning. Olson, who has contributed to the MyStemKits, highlighted the growing demand for hands-on STEM instruction. Boxlight aims to equip educators with effective tools to foster interest in STEM careers.
Boxlight Corporation (Nasdaq: BOXL) has been named a finalist in six categories by EdTech Digest for eight of its solutions at the 11th annual EdTech Awards. This prestigious program recognizes contributions to education technology, emphasizing tools that enhance learning. Boxlight's nominated solutions include MimioConnect for Collaboration, MimioClarity for Communication, and the Boxlight-EOS Professional Development Services. The awards spotlight innovation in K-12, higher education, and workforce training sectors.
Boxlight Corporation (Nasdaq: BOXL) announced that the Brussels School Group in Belgium has selected its Clevertouch® IMPACT™ touchscreen displays for classroom upgrades. They have invested in over 275 displays, impressed by their user-friendly features and reduced service needs. The Clevershare software and LYNX Whiteboard enhance interactivity for students and teachers. Technical IT Coordinator Filup De Pril expressed confidence that these displays will boost engagement and participation in classrooms.
Boxlight Corporation (Nasdaq: BOXL) has partnered with Hull College (U.K.) to enhance educational technology over a five-year development plan. The Clevertouch UX Pro interactive touchscreen display was selected for its user-friendly interface and value. Hull College's ICT Director commended Clevertouch for providing the best investment value compared to competitors. This collaboration aims to create more immersive and inclusive classroom experiences across multiple sites.
Boxlight Corporation (Nasdaq: BOXL) reported strong financial results for Q4 and the full year 2020, with revenues soaring 437% year-over-year to $31.9 million in Q4, and a 66% increase to $54.9 million for the year. Key highlights include a gross profit margin of 26.4% in Q4 after adjustments and a significant improvement in adjusted earnings per share to $0.01. The company also appointed new executives and reported a robust increase in customer orders, positioning itself favorably for future growth despite recorded net losses. Improved working capital and a backlog of $11.3 million further support its positive trajectory.
Boxlight Corporation (Nasdaq: BOXL) has acquired Interactive Concepts, a Belgium-based distributor of AV and IT solutions, for approximately $3.3 million. This acquisition aims to enhance Boxlight's Clevertouch brand presence in Western Europe, where it has seen a 25% year-on-year revenue growth in the Benelux region. Interactive Concepts generated about $6.5 million in revenue in 2020 and is seen as a strategic partner to boost sales in the education sector. The company plans to rebrand Interactive Concepts as Sahara Presentation Systems Europe BV, integrating it with existing operations.
Boxlight Corporation (Nasdaq: BOXL) will host its Fourth Quarter and Full Year 2020 financial results conference call on March 25, 2021, at 4:30 p.m. Eastern Time. The call will provide insights into the company's financial performance for the period. Interested parties can join via a domestic dial-in number at 1-877-876-9176 or internationally at 1-785-424-1670. A replay will be available until April 8, 2021. Boxlight specializes in interactive technology solutions, enhancing engagement in various business and educational environments.
Boxlight Corporation (Nasdaq: BOXL) has partnered with San Agustín de Bilbao Center for Higher Studies in Spain to integrate Clevertouch® IMPACT™ interactive touchscreen displays into its blended learning plan for the 2020-21 school year. The school aims to enhance student engagement through modern technology amidst safety concerns. José Luis Soler, the center's director, emphasizes the positive impacts of using interactive displays over traditional blackboards. This initiative reflects Boxlight's commitment to providing innovative educational solutions.
Boxlight Corporation (Nasdaq: BOXL) announced that the British Academy in London has chosen its Clevertouch UX Pro interactive touchscreen displays to enhance their workplace technology. This decision highlights the Academy's commitment to modernizing their tools with advanced features such as Super Glide Touch and integration capabilities for Zoom and Microsoft Teams. Boxlight's solutions aim to foster better engagement in educational and business settings.
Boxlight Corporation (Nasdaq: BOXL) has announced the launch of the Clevertouch Gallery in London, aiming to enhance in-person and virtual meeting experiences. The 2,500 square foot gallery is designed to support hybrid meetings, featuring the latest technology including interactive displays and an LED videowall. Mark Starkey, President of Boxlight and Clevertouch, emphasized that these investments reflect the company's growth ambitions across various sectors like Enterprise and Education. Clevertouch now has showrooms in multiple locations, including the USA and Europe.
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