NASDAQ$BOXL
Boxlight Corp · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Boxlight's financial performance decreased due to lower sales volume, but net loss improved significantly.
Boxlight Corporation reported a decrease in revenue for Q3 2024, but net loss improved compared to the prior year. The company is positioning for future growth through brand alignment and product innovation.
- Revenue decreased by 26.9% to $36.3 million.
- Gross profit margin decreased to 33.8% from 36.3%.
- Net loss improved to $3.1 million from $17.8 million.
- Adjusted EBITDA decreased to $2.2 million from $4.9 million.
Headline financials
Revenue & EPS history
Boxlight · Revenue · Quarterly
$36.3M
Revenue by segment
Boxlight · $22.4M total across 2 segments · Q1 2026
- Product revenue$20.6M—91.6%
- Service revenue$1.88M—8.4%
Forward guidance
Boxlight expects further expense reductions as it aligns its organization with current demand levels to drive future profitability and is excited about the long-term outlook for the Industry.
Tailwinds
- Brand strategy alignment
- New product innovation in audio and video
- Recent introduction of the IMPACT Max 2 interactive panel
- UNITY hardware device complements existing portfolio
- Positioning for anticipated growth in future demand
Headwinds
- Challenging industry conditions
- Lower sales volume across all markets
- Lower global demand for interactive flat panel displays
- Non-compliance with the senior leverage ratio financial covenant
- Non-compliance with the borrowing base financial covenant
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2024
-3.5%
Avg return
Earnings day
-6.3%
Avg return
5 days after
-0.1%
Avg return
30 days after
36%
12 / 33 earnings
Positive
+19.4%
Q1 2025
Best reaction
-29.9%
Q3 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -4.0% | -13.8% | +400.0% | |
| Q4 2025 | +5.8% | -2.5% | -27.5% | |
| Q3 2025 | -12.9% | -19.6% | -41.4% | |
| Q2 2025 | -7.3% | -14.8% | -12.9% | |
| Q1 2025 | +19.4% | -1.7% | +1.2% | |
| Q4 2024 | +15.6% | -11.9% | +7.5% | |
| Q3 2024 | -8.7% | -21.6% | -21.8% | |
| Q2 2024 | -6.8% | -6.7% | -13.1% | |
| Q1 2024 | +4.8% | +2.9% | +17.3% | |
| Q4 2023 | -19.8% | -20.6% | -35.2% | |
| Q3 2023 | -26.7% | -23.3% | -36.6% | |
| Q2 2023 | -4.0% | -0.9% | -13.2% | |
| Q1 2023 | -8.2% | -14.8% | -15.3% | |
| Q4 2022 | -12.9% | -23.2% | -25.5% | |
| Q3 2022 | -13.3% | -1.2% | -33.6% | |
| Q2 2022 | +13.0% | +16.0% | +0.9% | |
| Q1 2022 | +12.8% | +19.7% | -14.7% | |
| Q4 2021 | +9.7% | -7.6% | -5.9% | |
| Q3 2021 | -15.6% | -23.5% | -39.5% | |
| Q2 2021 | +14.9% | +12.8% | +23.1% | |
| Q1 2021 | -0.4% | +2.7% | +13.0% | |
| Q4 2020 | +5.8% | +7.0% | -23.4% | |
| Q3 2020 | -14.3% | -12.5% | -1.2% | |
| Q2 2020 | -4.6% | -6.0% | -33.2% | |
| Q1 2020 | +2.3% | +90.8% | +12.3% | |
| Q3 2019 | -2.9% | -5.7% | -26.9% | |
| Q2 2019 | -1.5% | -4.1% | -16.2% | |
| Q1 2019 | -7.0% | -10.4% | -21.0% | |
| Q4 2018 | +8.8% | -2.0% | +30.6% | |
| Q3 2018 | -29.9% | -36.4% | -45.4% | |
| Q2 2018 | -19.8% | -23.2% | -37.6% | |
| Q1 2018 | -16.6% | -38.6% | -50.9% | |
| Q4 2017 | +7.4% | -12.1% | +82.8% | |
| Q3 2017 | — | — | — | |
| Q4 2016 | — | — | — | |
| Q2 2017 | — | — | — | |
| Q3 2016 | — | — | — | |
| Q1 2017 | — | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — | |
| Q4 2015 | — | — | — | |
| Q3 2015 | — | — | — | |
| Q2 2015 | — | — | — | |
| Q1 2015 | — | — | — | |
| Q4 2014 | — | — | — |
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