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

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

Boxlight Reports Fourth Quarter and Full Year 2018 Results

March 28, 2019 4:22 PM EDT

Q4 Revenue Increase of 125% Year-Over-Year to $12.0 Million
2018 Revenue Increase of 47% Year-Over-Year to $37.8 Million
Expects 2019 Revenue Growth Greater Than 25%
Targets 25-30% Gross Profit for 2019

LAWRENCEVILLE, Ga.--(BUSINESS WIRE)-- Boxlight Corporation (Nasdaq: BOXL) (Boxlight), a leading provider of interactive technology solutions for the global education market, today announced the Company's financial results for the fourth quarter and year ended December 31, 2018.

Key Financial Highlights for Q4 2018:

Revenues increased by 125% to $12.0 million; greater than the previously projected $11 million Gross profit improved to 25.2%... More