Boxlight Corporation (BOXL) Tops Q2 EPS by 1c

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Go back to Boxlight Corporation (BOXL) Tops Q2 EPS by 1c

Boxlight Reports Second Quarter 2021 Financial Results

August 12, 2021 4:05 PM EDT

Revenue increased by 497% to $46.8 million Customer orders increased by 986% to $76.0 million Income before tax increased by $1.7 million to $0.3 million A change in UK corporation tax effective April 2023 resulted in a $2.2 million Deferred Tax Liability adjustment and additional income tax expense in the quarter Net loss per common share improved by $0.04 to $(0.04) Adjusted EBITDA improved by $5.4 million to $5.4 million Ended quarter with $48.0 million of Backorders, $7.4 million Cash, $26.7 million Working Capital and $51.1 million Stockholders Equity Expect Q3 2021 Revenue of $60 million, Adjusted EBITDA greater than $7... More