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Boxlight Q1 loss narrows YOY

Boxlight Corp. said its first-quarter normalized net income amounted to a loss of 2 cents per share, compared with a loss of 4 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of $98,400, compared with a loss of $162,960 in the prior-year period.

The normalized profit margin was 11.2%.

Reported net income totaled a loss of $296,440, or a loss of 7 cents per share, compared to a loss of $260,730, or a loss of 6 cents per share, in the year-earlier period.