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 (BOXL) delivers cutting-edge interactive technology solutions for education, corporate, and government sectors worldwide. This dedicated news hub provides investors and industry professionals with timely updates on the company’s strategic developments, product innovations, and market positioning.
Access authoritative coverage of BOXL’s financial announcements, including earnings reports and partnership disclosures. Stay informed about advancements in interactive classroom technology, corporate display solutions, and STEM education tools that define Boxlight’s industry leadership.
Key updates include product launch details, acquisition developments like the strategic mimio integration, and deployment milestones for LED video walls and digital signage systems. Our curated news collection simplifies tracking regulatory filings and technology adoption trends across Boxlight’s core markets.
Bookmark this page for consolidated access to Boxlight’s official communications and third-party analysis. Check regularly for updates on how the company continues to shape interactive learning environments and enterprise visualization solutions.
Boxlight (Nasdaq: BOXL) has won the Education Hardware Innovation Award for its MimioPro G interactive display in the 2024 EdTech Breakthrough Awards Program. The MimioPro G, designed for modern classrooms, integrates with various educational tools and offers access to the Google PlayStore. It features advanced security, 50 touchpoints, and antibacterial glass. The investment includes complimentary training for teachers to earn Google certification, enhancing professional development. This award highlights Boxlight’s commitment to innovative educational technology and empowering teachers.
Boxlight (Nasdaq: BOXL) awarded Clayton County Public Schools (CCPS) as Education Technology Implementation District of the Year. This recognition highlights the successful 8+ year partnership between Boxlight and CCPS to modernize classrooms using Boxlight interactive displays, software, and teacher training. The collaboration has led to increased student engagement and teacher enthusiasm for technology. The award was presented on May 7, 2024, acknowledging CCPS's dedication to leveraging educational technology to improve learning outcomes and educator effectiveness.
Boxlight (Nasdaq: BOXL) has been ranked as one of the World’s Top EdTech Companies of 2024 by TIME Magazine, coming in at #28 globally and #9 in the U.S. The selection process evaluated various factors like financial strength, industry impact, product quality, and intellectual property portfolio value. Boxlight is dedicated to providing innovative technology solutions for learning institutions worldwide.
Boxlight reported its financial results for the first quarter of 2024, with revenue at $37.1 million, a 9.9% decrease from the prior year. The company's gross profit margin decreased to 34.5%, with a net loss of $7.1 million. Adjusted EBITDA decreased to $0.2 million. Boxlight ended the quarter with $11.8 million in cash and $46.6 million in working capital. Management highlighted cost-cutting measures and market stabilization, aiming for future growth.
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