Boxlight Reports First Quarter 2019 Results
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Boxlight Corporation (BOXL) Misses Q1 EPS by 26c, Revenues Miss; Provides FY19 Revenue Guidance
May 16, 2019 8:33 AM EDTBoxlight Corporation (NASDAQ: BOXL) reported Q1 EPS of ($0.46), $0.26 worse than the analyst estimate of ($0.20). Revenue for the quarter came in at $5 million versus the consensus estimate of $7.21 million.
Revenue of $5 million and Gross Profit of 31.6%Strongest pipeline in Company historyClosed $4 million investment from The Lind PartnersAcquired Modern Robotics, to expand proprietary STEM solutions to programming and roboticsSelected by Colorados Cooperative Educational Purchasing Council as Preferred Provider for classroom audio visual solutionsAwarded by Michigans REMC Association as Provider for classroom technology solutionsSelected by Charter School for Applied... More