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Stock impact report

Boxlight Reports Fourth Quarter and Full Year 2023 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
New Leadership, Board Corporate Restructuring, Positions Boxlight for Improved Profitability and Sales Efficiency DULUTH, Ga.--(BUSINESS WIRE)--Boxlight Corporation (Nasdaq: BOXL) (“Boxlight” or the “Company”), a leading provider of interactive technology solutions, today announced the Company’s financial results for the fourth quarter and full year ended December 31, 2023.Financial and Operational Highlights:Revenue was $38.8 million for the quarter, a decrease of 9.3% from the prior year quarterGross profit margin in Q4'23 decreased by 190 basis points to 31.7% due to non-recurring chargesNet loss was $17.7 million, inclusive of non-recurring impairment charges of $12.0 million, compared to net loss of $2.0 million in the prior year quarterNet loss per basic and diluted common share was $1.87, compared to $0.25 net loss per basic and diluted common share in the prior year quarterAdjusted EBITDA decreased by $3.7 million to ($1.1) million from the prior year quarterEnded the quart Show less Read more
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