Boxlight Reports Fourth Quarter and Full Year 2018 Results

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Go back to Boxlight Reports Fourth Quarter and Full Year 2018 Results

Boxlight Corporation (BOXL) Tops Q4 EPS by 11c, Revenues Beat

March 28, 2019 4:28 PM EDT

Boxlight Corporation (NASDAQ: BOXL) reported Q4 EPS of ($0.06), $0.11 better than the analyst estimate of ($0.17). Revenue for the quarter came in at $12 million versus the consensus estimate of $11 million.

Revenues increased by 125% to $12.0 million; greater than the previously projected $11 millionGross profit improved to 25.2%Operating loss decreased by 81% to $1.1 million

Management Commentary

We had an extremely eventful and productive 2018, particularly in the fourth quarter, commented, Mark Elliott, Boxlights Chief Executive... More