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Stock impact report

Boxlight Reports Third Quarter 2024 Financial Results

Boxlight Corporation - Class A (BOXL) 
Last boxlight corporation - class a earnings: 11/12 04:05 pm Check Earnings Report
Company Research Source: Business Wire
DULUTH, Ga.--(BUSINESS WIRE)--Boxlight Corporation (Nasdaq: BOXL) (“Boxlight” or the “Company”), a leading provider of interactive technology solutions, today announced the Company’s financial results for the third quarter ended September 30, 2024.Financial and Operational Highlights:Revenue was $36.3 million for the quarter, a decrease of 26.9% from the prior year quarterGross profit margin in Q3'24 decreased to 33.8% from 36.3% from the prior year quarterNet loss was $3.1 million, compared to net loss of $17.8 million in the prior year quarterNet loss per basic and diluted common share was ($0.34), compared to ($1.90) net loss per basic and diluted common share in the prior year quarterAdjusted EBITDA, a non-GAAP measure, decreased by $2.7 million to $2.2 million from the prior year quarterAnnounced a unified worldwide display brand as Clevertouch by BoxlightFormed partnerships with leading 3rd party emergency management platforms, including CrisisGo, for integrated School Safet Show less Read more
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