Boxlight Corporation Reports Second Quarter 2018 Financial Results

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Go back to Boxlight Corporation Reports Second Quarter 2018 Financial Results

Boxlight Corporation (BOXL) Tops Q2 EPS by 1c, Revenues Beat

August 16, 2018 4:13 PM EDT

Boxlight Corporation (NASDAQ: BOXL) reported Q2 EPS of ($0.13), $0.01 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $9.7 million versus the consensus estimate of $6.45 million.

Our approach continues to translate into strong financial results. In the second quarter, we grew revenues over 61% year-over-year to $9.7 million, commented Mark Elliott, Chief Executive Officer of Boxlight. During the quarter, we provided our products to over 5,000 classrooms. Our strong growth is a result of greater adoption of our existing product suite, continued product introductions and growth in our reseller network.

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