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Stock impact report

Boxlight Reports First Quarter 2018 Financial Results

Boxlight Corporation - Class A (BOXL) 
Last boxlight corporation - class a earnings: 11/12 04:05 pm Check Earnings Report
Company Research Source: Business Wire
LAWRENCEVILLE, Ga.--(BUSINESS WIRE)-- Boxlight Corporation (Nasdaq: BOXL) (“Boxlight”), a leading provider of technology solutions for the global learning market, today announced the Company's financial results for the first quarter ended March 31, 2018. First Quarter 2018 Financial Highlights Revenue of $6.0 million increased 43.0% from $4.2 million in the first quarter of 2017. Gross profit of $1.5 million increased 23.4% from $1.2 million in the first quarter of 2017. Gross margin was 24.7% compared to 28.6% in the first quarter of 2017. Operating expenses of $3.3 million increased 23.5% from $2.6 million in the first quarter of 2017. Loss from operations was $(1.8) million, compared to a loss of $(1.4) million in the first quarter of 2017. Net loss was $(1.9) million, or $(0.20) per share, compared to a net loss of $(1.6) million, Show less Read more
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