Boxlight Corp - BOXL STOCK NEWS

Boxlight Corporation (NASDAQ: BOXL) has launched the MimioPro 4 interactive display, aiming to enhance educational experiences. The display is equipped with features like CleverLive, a cloud-based content management platform, and Clevershare, facilitating content sharing between devices. This product is part of the Mimio Connected Classroom initiative, which promotes collaboration and critical thinking. Boxlight continues to develop its robust portfolio, including MyStemKits and EOS Professional Development, to improve engagement in educational settings.

Boxlight Corporation (Nasdaq: BOXL) announces the appointment of Greg Wiggins as its new Chief Financial Officer effective July 5, 2022. He will replace Patrick Foley, who is stepping down for personal reasons but will assist in the transition until July 29, 2022. Wiggins brings over 15 years of corporate finance experience, previously serving as CFO at Mitch Cox Companies and Assurance Director at BDO USA, LLP. CEO Michael Pope praised Wiggins' expertise, stating he will significantly contribute to the company's growth.

Boxlight Corporation (Nasdaq: BOXL) has been awarded the title of 'Overall EdTech Company of the Year' by EdTech Breakthrough, marking a significant recognition for its innovative educational technology solutions. With over 35 years of experience, Boxlight’s offerings include interactive displays and professional development services aimed at enhancing student outcomes. The company also launched Boxlight Financial Services to assist schools in implementing edtech solutions, alongside a Grants Assistance Program to navigate federal funding. This accolade highlights Boxlight's commitment to empowering educators and improving learning experiences.

Boxlight Corporation (Nasdaq: BOXL) reported strong Q1 2022 financial results, with revenue soaring 51.4% to $50.6 million driven by 34% organic growth. The net loss per share improved to $(0.07), a $0.02 gain compared to Q1 2021. Customer orders rose 34% to $64 million, indicating robust demand. The company ended the quarter with $43 million in backorders. For Q2, Boxlight anticipates revenue of $54 million and expects full-year revenue to reach $250 million with $26 million Adjusted EBITDA.

Boxlight Corporation (Nasdaq: BOXL) will conduct its Q1 2022 results conference call on May 12, 2022, at 4:30 p.m. ET. The company exceeded its revenue guidance with earnings over $44 million. However, it anticipates Adjusted EBITDA to fall below the previously estimated $2.0 million, adjusting for a $0.8 million PPP loan forgiveness. Despite ongoing supply chain issues, Boxlight noted a growing global demand for its solutions. Senior management will be available post-call for investor questions.

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.

Boxlight Corporation (Nasdaq: BOXL) has announced its affiliation with the Research Partnership for Professional Learning (RPPL), which aims to enhance educational equity through better teacher training. This partnership allows Boxlight-EOS Education to engage with leading organizations and contribute to national research efforts. Dr. Aleksandra Leis, CEO of Boxlight EOS Education, emphasized the importance of understanding effective professional learning programs. The collaboration includes participation in various learning opportunities, sharing research findings, and influencing educational practices.

Boxlight Corporation (NASDAQ: BOXL) announced that CEO Michael Pope will present at the 2022 Virtual Growth Conference, hosted by Maxim Group LLC on March 28-30, from 9:00 a.m. to 5:00 p.m. EDT. The virtual event will showcase executives from multiple sectors including Biotech, Clean Energy, and Technology, featuring presentations, discussions, and live Q&A sessions. Investors can access the conference by signing up for M-Vest membership. Boxlight specializes in interactive technology solutions aimed at enhancing engagement in business and education.

Boxlight Corporation (Nasdaq: BOXL) reported a 38% revenue increase to $44 million for Q4 2021, and a staggering 237% increase year-over-year to $185 million. The net loss improved by $1.4 million to $(7.1 million) for Q4 and by $2.4 million to $(13.8 million) for the year. Q1 2022 revenue guidance is set at $44 million with $2 million Adjusted EBITDA. For fiscal year 2022, revenue is expected to hit $250 million with $26 million Adjusted EBITDA. The company has strong customer orders and a solid balance sheet with $53.4 million working capital.