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Mar 31, 2023
Boxlight Q1 2023 Earnings Report
Boxlight's financial performance decreased compared to the prior year quarter, but profitability improved.
Key Takeaways
Boxlight reported a decrease in revenue by 18.6% year-over-year, totaling $41.2 million. However, the company improved its net loss per share to ($0.04) and increased adjusted EBITDA by $2.1 million to $3.3 million.
Revenue decreased by 18.6% to $41.2 million.
Net loss per share improved by $0.03 to ($0.04).
Adjusted EBITDA increased by $2.1 million to $3.3 million.
Gross profit margin improved to 36.8%.
Forward Guidance
The company expects Q2 2023 Revenue of $50 million and Adjusted EBITDA of $4 million.
Positive Outlook
- Expect Q2 2023 Revenue of $50 million
- Expect Q2 2023 Adjusted EBITDA of $4 million
Historical Earnings Impact
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Avg. Return Before/After Earnings
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