Boxlight Corporation (BOXL) Misses Q3 EPS by 1c

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Boxlight Reports Third Quarter 2020 Results

November 16, 2020 4:10 PM EST

Revenues of $9.5 Million

Gross Profit of 21.4%

Adj. EBITDA loss of $0.9 Million

Working Capital of $25.1 Million

Projecting Q4 2020 Revenues of $27 Million and Positive Adjusted EBITDA

LAWRENCEVILLE, Ga.--(BUSINESS WIRE)-- Boxlight Corporation (Nasdaq: BOXL) (Boxlight), a leading provider of interactive technology solutions, today announced the Company's financial results for the third quarter ended September 30, 2020.

Key Financial Highlights for Q3 2020

Revenues decreased by 16% to $9.5 million Customer... More