Boxlight Corporation (NASDAQ: BOXL) is expected to use the Clevertouch Touchscreen facility to provide an interactive platform to its clients. On the other hand, AMMO Inc. (NASDAQ: POWW) is looking to surpass its annual product guidance to meet the growing demand for its product.
Transforming Digital Industry: Boxlight Corporation (NASDAQ: BOXL), a provider of interactive technology and software solutions, announces that the Cape Business Centre’s interactive implementation of touchscreen displays by Clevertouch Technologies. As per the company, the Cape Business Centre wants to have the edge over its competitors and meet clients’ requirements by incorporating cutting-edge interactive technology. Clevertouch Technologies is the distributor, provides Interactive AV Solutions, mediated the purchase, installation, and training of the Clevertouch interactive touchscreens. Initially, the company invested in Clevertouch touchscreens in their boardroom, meeting rooms, and auditorium thereby recognized this investment as the business potential in the time to come. The company’s vision is to integrate the investment into a digital industry and see that they provide seamless facilities to their clients. The clients can use the company facility of touchscreen either to for events, meetings, lectures, webinars, and presentations as per their convenience and flexibility. Clevertouch Technologies is working closely with partners, such as Interactive AV Solutions, to present in the international AV and education technology market.
To Report the first positive net income for the quarter: AMMO Inc. (NASDAQ: POWW) expects $44 million of revenue for the first quarter of the 2022 fiscal year, which is expected on or before August 16, 2021. As per the management, the growth trajectory is backed by the employees. Therefore, the company will be reporting the first positive net income for the quarter. Supported by its strong workforce, the company expects to report a growth of 354% year-on-year in revenue. In addition, the company will be consolidating its manufacturing operations in Wisconsin. Therefore, Wisconsin performance would be incorporated in financial reporting throughout the year, as AMMO tries to integrate the GubNroker.com platform into its portfolio basket. In addition, the company also stated that the workforce would ensure that the production number exceeds the annual guidance and continue to meet the higher demand of the consumers.