Yahoo Finance Boxlight (BOXL) Launches New AV Campus Communication Solution
Boxlight Corporation BOXL yesterday announced an integrated AV campus communication solution — ATTENTION! — which is useful in providing instant and simultaneous audio and video communication across campuses. Bells, alerts and announcements can be delivered to displays and speakers in a school, thus improving campus-wide communication.
The communication system can be used via Boxlight’s CleverLive app while broadcasting is possible on displays by Boxlight’s Clevertouch and Mimio, FrontRow classroom audio endpoint, and any common area speaker.
"The ability to use FrontRow Conductor to drive audio-video paging and alerts helps overcome barriers to mission-critical campus communication such as headphones, mobile phones, and other distractions, “ said Sean Penn, vice president of Product at FrontRow.
The Move Supports Campus Communication Strategy
The move is a part of Boxlight’s campus communication strategy. Such moves are the company's ways to offer innovative technology and solutions to strengthen its competitive position in the broader market.
Boxlight is leaving no stone unturned in executing its growth strategies to ensure long-term revenue growth and operating performance. It remains heavily focused on utlizing its Content Cloud platform to ensure annual revenue acceleration. It is trying to expand margins through ROI initiatives across its business and scaling in lower-cost locations.
Boxlight’s shares have lost 68.3% over the past year compared with 72% decline of the industry it belongs to.
Boxlight Corporation Price
Boxlight Corporation price | Boxlight Corporation Quote
Zacks Rank and Stocks to Consider
Boxlight currently carries a Zacks Rank #4 (Sell).
Some better-ranked stocks in the broader Business Services sector that investors can consider are Cross Country Healthcare CCRN and Avis Budget CAR, both sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
Cross Country Healthcare has an expected earnings growth rate of 55.9% for the current year. CCRN has a trailing four-quarter earnings surprise of 29.2%, on average.
Cross Country Healthcare has a long-term earnings growth rate of 6.9%.
Avis Budget has an expected earnings growth rate of 74.7% for the current year. CAR delivered a trailing four-quarter earnings surprise of 102.1%, on average.
Avis Budget has a long-term earnings growth rate of 19.4%.
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Boxlight Corporation (BOXL) : Free Stock Analysis Report
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