Boxlight Corporation - BOXL STOCK NEWS

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.

Boxlight Corporation (Nasdaq: BOXL) will host its Fourth Quarter and Full Year 2021 financial results call on March 17, 2022, at 4:30 p.m. ET. CEO Michael Pope announced strong Q4 performance, exceeding $40 million in revenue with over 30% organic growth. However, the company faced higher operating expenses due to acquisition costs and ongoing supply chain issues, forecasting a Q4 Adjusted EBITDA loss of $2 million. Boxlight has raised its 2022 revenue guidance to $250 million and Adjusted EBITDA to $26 million. A replay of the call will be available until March 17, 2023.

Boxlight Corporation (Nasdaq: BOXL) announced its participation in the A.G.P. Emerging Growth Technology Conference on February 2, 2022. CEO Michael Pope will engage in one-on-one meetings with institutional analysts and investors, focusing on Boxlight's strong financial performance, market expansion, product innovations, and recent acquisition of FrontRow. The company also secured a new credit facility with WhiteHawk Capital Partners. Interested parties can schedule meetings through the event registration link.

Boxlight Corporation (NASDAQ: BOXL) has launched a new application called MimioMessage, integrated into its ProColor interactive display. This tool enables school administrators to broadcast critical messages and alerts swiftly, addressing current health and safety challenges. MimioMessage features hundreds of templates, the ability to integrate various media, and simultaneous content broadcast across multiple displays. Additional updates to ProColor include enhanced screen mirroring, improved support for MAC devices, and new cloud connections. These improvements aim to make ProColor a more dynamic solution for various industries.