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Stock impact report

Boxlight Reports Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]

Boxlight Corporation - Class A (BOXL) 
Last boxlight corporation - class a earnings: 11/12 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
DULUTH, Ga., March 13, 2024 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 quarter Gross profit margin in Q4'23 decreased by 190 basis points to 31.7% due to non-recurring charges Net 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 quarter Net 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 quarter Adjusted EBITDA decreased by $3.7 million to ($1.1) million from the prior year quarter Ended the quarter with $17.3 million in Cash, $54.1 million in Working Capital and $16.8 millio Show less Read more
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