Boxlight prelim FY2024 revenue $137.1M (-22% YoY); op loss improves to ~$19M from $26.3M

Boxlight Corp

2024-FY EPS reported -$15.11 revenue$135,893,000

Revenue $137.1M vs $176.7M in 2023, a decline of ~22%.
Gross margin 34.6% vs 35.8% YoY; slight compression.
Operating expenses cut to ~$66.5M from $89.6M, driven by cost reductions.
Operating loss narrows to $18.5-19.5M from $26.3M in 2023.
Results are preliminary; final FY2024 results to be included in 10-K.

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