Boxlight Corporation Reports 39.5% Drop in Q1 2025 Revenue, Net Loss Improves to $3.2 Million, EPS at $1.41 Loss

Reuters
05-15
Boxlight Corporation Reports 39.5% Drop in Q1 2025 Revenue, Net Loss Improves to $3.2 Million, EPS at $1.41 Loss

Boxlight Corporation (Nasdaq: BOXL) has reported its financial results for the first quarter ending March 31, 2025. The company announced a total revenue of $22.4 million, marking a significant decrease of 39.5% compared to $37.1 million in the same period last year. This decline was largely attributed to reduced sales volumes across all markets, driven by a decrease in global demand for interactive flat panel displays and competitive industry pricing. The company's gross profit margin improved slightly to 35.9%, up from 34.5% in the previous year's quarter. Boxlight recorded a net loss of $3.2 million, a notable improvement from the $7.1 million net loss reported in the first quarter of 2024. Boxlight ended the quarter with $8.1 million in cash, $1.6 million in working capital, and a stockholders' deficit of $15.8 million. The company is focusing on operational efficiency and expanding its commercial ecosystem in preparation for the next spending cycle, despite current challenges in demand due to government upheaval and budgetary uncertainties. The company's diverse mix of solutions and geographically distributed revenue base are seen as strengths for future growth.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Boxlight Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-25-025558), on May 14, 2025, and is solely responsible for the information contained therein.

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