Welcome to our dedicated page for Boxlight news (Ticker: BOXL), a resource for investors and traders seeking the latest updates and insights on Boxlight 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 reported a 544% increase in revenue to $61.0 million for Q3 2021, compared to Q3 2020. Customer orders surged 756% to $51.1 million. Net income rose by $4.9 million to $0.7 million, resulting in earnings of $0.01 per share. Adjusted EBITDA improved by $8.0 million to $7.2 million. The company forecasts Q4 2021 revenue of $40 million and a full-year revenue of $181 million with $16 million in Adjusted EBITDA. Boxlight’s strong performance is attributed to the acquisition of Sahara and increasing market demand.
Boxlight Corporation (Nasdaq: BOXL) will present at the Ladenburg Thalmann Virtual Technology Expo on Thursday, November 18, 2021, at 10:30 AM ET. CEO Michael Pope will share updates on the company's 2021 financial performance, highlighting significant revenue growth and profitability. Additionally, he will discuss strategic developments, including the acquisition of FrontRow. The expo will showcase presentations from around 50 technology companies, focusing on various sectors, including AI and e-commerce. Investors can register for the event through the provided link.
Boxlight Corporation (Nasdaq: BOXL) announced the successful implementation of its ProColor interactive displays in Ord Public Schools, Nebraska. As a 1:1 district, Ord installed these displays in each classroom to enhance learning, especially during COVID-19. The ProColor's user-friendly design and mobility significantly benefited teachers and students, facilitating remote learning environments. Notably, the displays' adaptability allowed for effective use in unconventional settings due to pandemic restrictions. For further details, visit Boxlight.
Boxlight Corporation (NASDAQ: BOXL) has announced the acquisition of FrontRow Calypso LLC, effective October 31, 2021. The deal, expected to close between November 15 and November 30, 2021, enhances Boxlight's product offerings in classroom audio and campus communication solutions. FrontRow, operational since 1963, provides advanced communication technology across 9,600 school districts in the U.S. and over 25 countries. Boxlight aims to leverage its sales channels to boost demand for FrontRow's products, integrating them into its existing ecosystem.
Boxlight Corporation (Nasdaq: BOXL) will hold a conference call on November 10, 2021, at 4:30 p.m. Eastern Time to announce its Third Quarter 2021 financial results. CEO Michael Pope expressed optimism about the company's growth across various regions, including the U.S., U.K., and Germany. The company is focused on expanding its sales and support resources, aiming for continued revenue growth. A replay of the call will be available until November 24, 2021.
Boxlight Corporation (Nasdaq: BOXL) has successfully implemented customized teacher professional development with Clayton County Public Schools, Georgia's 5th largest school district. The collaboration focuses on enhancing teachers' use of educational technology, including interactive displays and software. CCPS has invested in Boxlight Mimio education solutions and ongoing training to empower teachers, leading to increased technology utilization in classrooms. Boxlight aims to improve engagement and communication in educational environments through varied training opportunities.
Boxlight Corporation (Nasdaq: BOXL) announces the successful implementation of Clevertouch interactive displays and digital signage at Joseph Chamberlain College in Birmingham, U.K. The college upgraded from outdated SMART boards to Clevertouch's IMPACT Plus series to meet modern educational needs. Assistant Principal Patrick O'Donohue highlighted the interactivity and ease of content management as key benefits, along with the financial advantage of no ongoing costs associated with the Clevertouch solutions. For more information, visit Boxlight's website.
Boxlight Corporation (Nasdaq: BOXL) announces that its MimioSTEM curriculum solution, MyStemKits, is now aligned with Texas Essential Knowledge and Skills (TEKS) for Mathematics and Science. This online resource offers over 400 STEM lessons and activities designed to enhance teaching efficiency in Texas schools. The alignment aims to make lesson planning easier for educators, enabling them to focus more on teaching. Boxlight's commitment to providing effective educational tools remains strong as it continues improving engagement in both business and educational environments.
Boxlight Corporation (Nasdaq: BOXL), a leader in interactive technology, announced that Starcar Car Rental in Germany has implemented Clevertouch Technologies digital signage across its locations. The upgrade from traditional marketing materials to CM-Series digital displays will enhance flexibility for marketing campaigns. Initial installation will occur in seven locations, with plans to expand to over 60 by end of 2022. The displays allow for centralized management and immediate content updates, providing a modern advertising solution for Starcar.
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