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Stock impact report

Boxlight Reports Full-Year 2017 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 year ended December 31, 2017. 2017 Year End Financial Highlights Revenue was $25.7 million, an increase of 26.4% from $20.4 million in 2016. Gross profit was $6.4 million, a decrease of 13.5% from $7.4 million in 2016. Gross margin was 24.9% compared to 36.4% in 2016. Operating expenses were $13.6 million, up from $8.7 million in 2016. Loss from operations was $7.1 million, compared to a loss of $1.3 million in 2016. Net loss was $7.3 million, or $1.34 per share, compared to a net loss of $2.1 million, or $0.48 per share, in 2016. Adjusted EBITDA was a loss of $1.7 million, compared to a gain of $0.1 Show less Read more
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