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 develops and sells interactive technology and communication solutions for education, corporate, and government markets. Its news commonly covers classroom and campus systems such as FrontRow, Clevertouch, Mimio, MyClass, interactive displays, classroom audio, digital signage, education software, professional development, and campuswide communication platforms.
Company updates also include school district deployments, reseller and integration partner relationships, product launches and platform upgrades, and financial results. Boxlight’s corporate news may address capital actions and Nasdaq listing compliance topics tied to its Class A common stock.
Boxlight Corporation (Nasdaq: BOXL) announced successful implementation of its ProColor interactive flat panel displays in Central Kitsap School District, Washington. The district, serving over 11,500 students across 19 schools, replaced aging projectors to enhance science education. The interactive panels allow teachers to use simulations and connect with STEM experts globally. Doug Dowell, STEM Coordinator, noted that the technology's potential has yet to be fully realized. This installation showcases Boxlight's commitment to improving educational engagement.
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Boxlight Corporation (Nasdaq: BOXL) has launched Boxlight Financial Services, a strategic financing program created in partnership with TEQlease Capital. This initiative is aimed at assisting schools, companies, and organizations with limited budgets to acquire Boxlight's interactive technology solutions. Customers can finance Mimio and Clevertouch branded products with options for monthly, quarterly, or annual payments and a competitive 1.49% APR financing rate. The expedited program promises qualification in under a day, enabling organizations to stay updated with technology.
Boxlight Corporation (Nasdaq: BOXL) announced the implementation of Clevertouch interactive touchscreen displays at Fairland Primary School in Cape Town. The school opted for Clevertouch over traditional solutions due to its cost-effectiveness and user-friendly design, according to IT Manager Francois Pienaar. The purchase and installation were facilitated by Interactive AV Solutions and The Smart Group, highlighting Clevertouch's growing presence in the educational technology market. For further insights, a full case study is available on Boxlight's website.
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.