Boxlight Corp Stock Price, News & Analysis

Boxlight Corporation (Nasdaq: BOXL) announced the successful integration of its ProColor interactive flat panel displays at the Clelian Heights School for Exceptional Children in Greensburg, PA. These displays enhance engagement for students with special needs, enabling effective participation in virtual classrooms. The technology is particularly beneficial for remote learning, allowing students to connect seamlessly. The integration represents a significant step in using advanced technology to improve educational outcomes for diverse learners.

Boxlight Corporation (Nasdaq: BOXL) has launched a podcast titled Motivating Young Women into STEM Careers, featuring Hannah Olson, Co-founder of MyStemKits.com. The podcast emphasizes the significance of STEM education for young women and the positive impact of interactive learning. Olson, who has contributed to the MyStemKits, highlighted the growing demand for hands-on STEM instruction. Boxlight aims to equip educators with effective tools to foster interest in STEM careers.

Boxlight Corporation (Nasdaq: BOXL) has been named a finalist in six categories by EdTech Digest for eight of its solutions at the 11th annual EdTech Awards. This prestigious program recognizes contributions to education technology, emphasizing tools that enhance learning. Boxlight's nominated solutions include MimioConnect for Collaboration, MimioClarity for Communication, and the Boxlight-EOS Professional Development Services. The awards spotlight innovation in K-12, higher education, and workforce training sectors.

Boxlight Corporation (Nasdaq: BOXL) announced that the Brussels School Group in Belgium has selected its Clevertouch® IMPACT™ touchscreen displays for classroom upgrades. They have invested in over 275 displays, impressed by their user-friendly features and reduced service needs. The Clevershare software and LYNX Whiteboard enhance interactivity for students and teachers. Technical IT Coordinator Filup De Pril expressed confidence that these displays will boost engagement and participation in classrooms.

Boxlight Corporation (Nasdaq: BOXL) has partnered with Hull College (U.K.) to enhance educational technology over a five-year development plan. The Clevertouch UX Pro interactive touchscreen display was selected for its user-friendly interface and value. Hull College's ICT Director commended Clevertouch for providing the best investment value compared to competitors. This collaboration aims to create more immersive and inclusive classroom experiences across multiple sites.

Boxlight Corporation (Nasdaq: BOXL) reported strong financial results for Q4 and the full year 2020, with revenues soaring 437% year-over-year to $31.9 million in Q4, and a 66% increase to $54.9 million for the year. Key highlights include a gross profit margin of 26.4% in Q4 after adjustments and a significant improvement in adjusted earnings per share to $0.01. The company also appointed new executives and reported a robust increase in customer orders, positioning itself favorably for future growth despite recorded net losses. Improved working capital and a backlog of $11.3 million further support its positive trajectory.

Boxlight Corporation (Nasdaq: BOXL) has acquired Interactive Concepts, a Belgium-based distributor of AV and IT solutions, for approximately $3.3 million. This acquisition aims to enhance Boxlight's Clevertouch brand presence in Western Europe, where it has seen a 25% year-on-year revenue growth in the Benelux region. Interactive Concepts generated about $6.5 million in revenue in 2020 and is seen as a strategic partner to boost sales in the education sector. The company plans to rebrand Interactive Concepts as Sahara Presentation Systems Europe BV, integrating it with existing operations.

Boxlight Corporation (Nasdaq: BOXL) will host its Fourth Quarter and Full Year 2020 financial results conference call on March 25, 2021, at 4:30 p.m. Eastern Time. The call will provide insights into the company's financial performance for the period. Interested parties can join via a domestic dial-in number at 1-877-876-9176 or internationally at 1-785-424-1670. A replay will be available until April 8, 2021. Boxlight specializes in interactive technology solutions, enhancing engagement in various business and educational environments.

Boxlight Corporation (Nasdaq: BOXL) has partnered with San Agustín de Bilbao Center for Higher Studies in Spain to integrate Clevertouch® IMPACT™ interactive touchscreen displays into its blended learning plan for the 2020-21 school year. The school aims to enhance student engagement through modern technology amidst safety concerns. José Luis Soler, the center's director, emphasizes the positive impacts of using interactive displays over traditional blackboards. This initiative reflects Boxlight's commitment to providing innovative educational solutions.