GALAXY NEXT GENERATION - GAXY STOCK NEWS

Galaxy Next Generation (OTCQB:GAXY) updated its third quarter fiscal year 2022 earnings results conference call, now scheduled for May 17, 2022, at 9:30 a.m. ET, after a technical issue with its call vendor. The company specializes in interactive learning technology solutions, primarily serving the K-12 education market, which constitutes nearly 90% of sales. Interested parties can access the replay through the company's investor relations website.

Galaxy Next Generation, Inc. (GAXY) has rescheduled its third quarter fiscal year 2022 earnings results conference call to Tuesday, May 17, 2022, at 9:30 a.m. ET due to technical issues with the conference vendor. The updated call details will be available on the Company's investor relations website. Galaxy specializes in interactive learning technology solutions, with its largest customer base in the K-12 education market, comprising nearly 90% of sales.

Galaxy Next Generation reported significant financial improvements for the third quarter and nine months ended March 31, 2022. Revenues surged 63% to $1.3 million, and 40% to $3.9 million year-to-date. Operating losses decreased by 26% to $1.0 million, while net losses dropped 63% to $1.1 million for the quarter. The company's total liabilities and stockholder's deficit fell by 40% and 74% respectively. The launch of new products and secured orders from multiple school districts indicate a positive outlook for continued growth in the K-12 education market.

Galaxy Next Generation, Inc. (OTCQB:GAXY) will host its third quarter fiscal year 2022 earnings conference call on May 17, 2022, at 8:30 a.m. ET. CEO Gary LeCroy and CFO Magen McGahee will discuss the quarterly results for the period ending March 31, 2022 and respond to shareholder inquiries.

Galaxy specializes in interactive learning technology solutions, focusing primarily on the K-12 education market, which accounts for nearly 90% of its sales.

Galaxy Next Generation, Inc. (OTCQB:GAXY) announced the engagement of MZ Group for a comprehensive investor relations program aimed at boosting visibility in the investment community. This collaboration is expected to highlight Galaxy's innovative learning technology solutions tailored for the K-12 education sector, which is undergoing significant technological advancements. The company aims to leverage the increasing federal funding for education technology, with a reported fiscal year 2023 budget of $88.3 billion. Galaxy's CEO noted accelerating revenue growth and the launch of a direct-to-consumer e-commerce site.

Galaxy Next Generation (OTCQB:GAXY) has launched its direct-to-consumer e-commerce website, allowing consumers and smaller businesses to purchase select Galaxy G2 technology products. CEO Gary LeCroy stated this move broadens the company's reach beyond traditional education sales, although not all products will be available online due to integration complexities. Galaxy focuses primarily on the K-12 education market, which constitutes nearly 90% of its sales. This initiative aims to enhance customer accessibility and improve sales channels.

Galaxy Next Generation (OTCQB:GAXY) has announced a new reseller partnership with EP Techworks, a technology solutions provider. The partnership includes an initial order for G2 Interactive Panels. EP Techworks focuses on various sectors such as commercial, education, healthcare, and government, and holds multiple sourcing contracts that streamline product acquisition. Galaxy's CEO expressed excitement about collaborating with EP Techworks, which has a strong reputation for innovation and customer service. This partnership aims to enhance offerings in security and communication technology.

Galaxy Next Generation, Inc. (OTCQB:GAXY) has announced a new reseller partnership with InCareK12, an established instructional technology company. With over 20 years in the business and more than 3,000 schools served, InCareK12 specializes in distance learning systems, security solutions, and classroom automation. This partnership aims to expand Galaxy's security product line in innovative ways, enhancing their market presence in the educational sector, particularly within K-12 education, where approximately 90% of Galaxy's sales are focused.

Galaxy Next Generation, Inc. (OTCQB:GAXY) announced a partnership with Master Audio Visual, Inc., enhancing its market presence in Texas, which has over 1,000 school districts. This collaboration aims to promote Galaxy's products, particularly the G2 Communicator, to improve security and communication within educational institutions. CEO Gary LeCroy emphasized the importance of this partnership for expanding their service capabilities. Galaxy specializes in interactive technology solutions, primarily targeting the K-12 education market, which constitutes about 90% of its sales.