Boxlight Corp Stock Price, News & Analysis

Boxlight Corporation (Nasdaq: BOXL) announced its successful installation of ProColor interactive flat panel displays at Hickory Creek Elementary School in McMinnville, TN. This initiative aims to replace outdated projectors with modern panels in all classrooms, including Special Education areas. Positive feedback from educators has sparked interest in additional installations across the district. The Director of Technology for Warren County Schools expressed goals to equip various district facilities with these panels. The integration showcases Boxlight's commitment to enhancing educational technology.

Boxlight Corporation (Nasdaq: BOXL) announced the implementation of ProColor interactive flat panel displays in Shamrock Independent School District, Texas. The district replaced older SMART boards and projectors with these user-friendly panels, aiming to enhance interactive learning experiences. Shamrock ISD estimates savings of $20,000 over five years compared to their previous technology. The Technology Coordinator noted that the panels facilitate teacher-student collaboration and make learning more engaging.

Boxlight Corporation (Nasdaq: BOXL) announced a significant financial performance for Q1 2021, reporting a 484% increase in revenues, reaching $33.4 million compared to Q1 2020. Customer orders surged 528% to $47.7 million. The company’s gross profit margin adjusted for acquisition-related effects improved to 28.0%. Although Boxlight reported a net loss of $(5.2) million, it showed improvement in adjusted EBITDA, which rose to $1.6 million. The company anticipates revenue of $39 million in Q2 2021, reflecting a strong sales pipeline.

Boxlight Corporation (Nasdaq: BOXL) has joined the Google Cloud Partner Advantage program as a Service Partner. This partnership enables Boxlight's EOS Education division to offer tailored professional development for educators aimed at utilizing Google Cloud tools effectively. Key services include live training sessions, self-paced courses, ongoing educator support, and custom development programs to address specific school needs. CEO Dr. Alexandra Leis highlighted Boxlight's prior experience with Google Cloud, emphasizing a commitment to enhancing educators' skills and improving learning outcomes with Google Workspace for Education.

Boxlight Corporation (Nasdaq: BOXL) will host its First Quarter 2021 financial results conference call on May 13, 2021, at 4:30 p.m. ET. Interested parties can join via a domestic dial-in number (1-877-876-9177) or internationally at (1-785-424-1672). The call will be web-streamed, and a replay will be available through May 13, 2022, with dial-in details provided. Boxlight provides interactive technology solutions to enhance engagement in business and education.

Boxlight Corporation (Nasdaq: BOXL) announces the successful implementation of Clevertouch interactive touchscreens at Monte Vista Primary School in Cape Town. The school expedited deployment, moving past a planned 3-year rollout due to high satisfaction from teachers and students. The technology has increased engagement, particularly vital during COVID-19 for collaboration. Boxlight aims to enhance its presence in the education technology sector, maintaining strong partnerships for growth.

Boxlight Corporation (Nasdaq: BOXL) has successfully implemented its ProColor interactive flat panel displays in Bennington Public Schools, which has seen a significant growth in enrollment over the past 15 years. The district anticipates a further 35% increase in enrollment across grade bands within the next decade. The ProColor displays enhance interactivity and engagement in classrooms, allowing teachers to annotate while moving around. This integration supports Boxlight's mission to provide innovative educational tools. For further details, visit Boxlight's website.

Boxlight Corporation (NASDAQ: BOXL) shared a letter from CEO Michael Pope detailing the company's growth and strategies amidst challenges posed by COVID-19. The company reported record orders of $33 million and revenues of $32 million for Q4 2020, exceeding guidance. With a strong sales pipeline and a focus on government funding for education technology, Boxlight has expanded its global presence through acquisitions, including Sahara Presentation Systems. The company anticipates $31 million in revenue for Q1 2021, reflecting increased demand and a commitment to innovation in educational technology.

Boxlight Corporation (Nasdaq: BOXL) announced that The British Computer Society has selected its Clevertouch® UX Pro touchscreen displays for their new offices. This choice aims to establish a digital-first environment enhancing communication and collaboration for 260 relocated staff. The Clevertouch UX Pro was chosen for its innovative design and cost-effectiveness, providing multifunctionality as a whiteboard, presentation board, and communication screen. The British Computer Society aims to maximize the utility of their investment, seeking two to three uses per product pound spent.