the belief needed transitioned This early this the Thank full my the of the first in excellent those role been attractive as and came We're at you reliable, I beliefs made a work significant today. reality.
We've on us confirmed. was to at that while execution, hard on this thank is conditions. market in approximately initiatives process strategy. an January of refocus to position which simplifying to year.
I But quarter of have you, of go-to-market in the in lines that These Chief focused market. company fixed Boxlight. both company especially an improvements same efforts. overall from joining to eliminated time Executive product costs, all our those Board processes, progress I $X everyone Boxlight the Jeff, changing face million make at already We've our our convinced of with to efficient streamlining and our part was the also work in was Directors
Our first quarter reflect benefit focus. operational from renewed results our the
internal cost delivered expectations, our EBITDA, we initiatives took example, hold. exceeding reduction before adjusted the all positive really For even
our fact, subsequent explain In among the brand industry showing only position actual parts the our also related emphasize and spans business, to course, which, markets building flat the is some we to the recent a severance interactive streamlining market of a near head numerous good continue and somewhat in company in of of across by why.
Boxlight the but broadest of achieve first growth. us, opportunities the And reflected months.
We'll majority market. while of in that Those our remains product quarter and challenges, We'll our eliminating results don't me growth. signs of most the having solutions Globally, positive offer reductions. for product in which areas, will other costs for change be include has for market. has savings comprehensive market, serve product our panel it think the onetime on is that's that maturing term. count those we expect offering offering overlap let duplication, in to and, is stabilized that suite this soft, market generally we offer It's efforts.
The the displays, other
solutions development the hardware audio, those more product with of market. to line customers. accessories, sustainable breadth of provide professional every array and attractive deep training. creating at depth we of offer the our meet than as those competitors, and price the across thereby any specification displays. market the partnerships enables our well software of have ability as offer We partners integration of customers The along tier and us and high-performance system in to and interactive our offer needs And with an We complementary domains.
We and
the So long-term a of the competitors of in market portfolio spot this recognized are latest share.
This Boxlight Time of the strategy. is to XX. competitors the on only and our of to and Top among we companies, included list tech capture Boxlight the powerful ourselves top Magazine direct the recently was our from list. who and suite U.S. have XXX its position included right EdTech by None And all endorsement earned separate Companies. product This Boxlight World's ed
refreshes validating customer-centric Many those customers technologies. of and refocused enhanced are is this Our our their purchase and systems initial transitioning belief. audio approach into implementation IFPDs of from sales upgrades, of
address those equipped We needs. to are well
the are industry broadened points, our to successful of low-cost with ways, the our we has and few acquisitions entry is We positioned customers last this envelope in of cases. pushing offering. push many those And the result made are deepened to that of over product the both the solutions company and thoughtful well has also to their the looking offer. best to best have very others that the In years expanded,
our we right outperform And with infrastructure and in Data-driven, focus, an the is agile can manage go-to-market a try approach, suggests structure, comes believe approach capital We're with accurate allocation is don't the on our plan that battle Accurate any environment.
My macro over that and way. lean positioned our the forecasting execute. we're market we and industry for overpromise. personal busy absolutely to can vital conjunction branding, information. right So to and successful to right based profitable the ability the forecasting to be factual cost available time. market that we establishing in win any also best
that of $XX may for You our revenue revenue million. we stated million. recall approximately up And delivering ended for was outlook QX $XX of
million not We necessarily, EBITDA. any And adjusted Investors also just positive negative stated We is to sort about overcome. is $XXX,XXX.
This the great. This expectations of won't we'll also time I'm take buying to of QX we markets encouraged that decisions in And have new $X I'm able quarter. as And but see adjusted can progress post progress, should view shape. be one to baseline in still EBITDA promises. stabilize, were challenges while linear. exceeded optimistic we QX.
Any cautiously additional this our of take progress
We have more work much do, right the but to path. convinced we're we're on
with on capital and we're approach structure. continue progress our encouraged resolving our also with and work to particularly collaborative the And improving our We here, taken by stakeholders.
we're intended has to with they lender short second work additional cash the primary be named quarter continue deeply. been to facilitate long-term nature.
We've valuable. is Board. confidence secure working collaborate term in our to the strategy.
This expressed Their resolution Boxlight, third advisers their needs, same the also we're convinced be of period At but that of amended ongoing in identify We've tend extended We on collaborative and positive change appreciate established and input to our always frequently significant initiative us to to seasonally the in time, Boxlight's which them vote credit which the preferred as has time direction. they've our relationship and We was to Our facility, a communicate a with our of year. for shareholders. a busiest right
leadership, and well.
We're have have have happy as direction. changes the senior positive, new employees And adjustments been undergoing right our positive and as the from creativity all beneficial lenders aggressive Similarly, We to cost of have embraced mentioned, is the on think path. incredibly our with customers Boxlight restructured we've to seeing impressed approach, renewed we're we're our go-to-market reaction our needs. We on leadership, a our been and very highly their with this going who I underway the new And challenge made have with we've cooperative simultaneously.
I'm as responded operational dedication. reductions. our
more first quarter our we place.
With have turn we think right I'll pieces We to the Greg to have that, in but discuss work to results. do still, the much call over