Galaxy Next Generation Announces Preliminary Third Quarter Ended March 31, 2021 Revenue Growth of At Least 100% to $0.7 Million

Galaxy Next Generation Announces Preliminary Third Quarter Ended March 31, 2021 Revenue Growth of At Least 100% to $0.7 Million
ACCESSWIRE
Driven by Increase in Budgets and Demand in the K-12 Market
TOCCOA, GA / ACCESSWIRE / May 4, 2021 / Galaxy Next Generation, Inc. (OTCQB:GAXY) ('Galaxy' or the 'Company), a provider of interactive learning technology solutions, today announced that the Company expects to report revenues of at least $0.7 million, representing at least a 100% increase, for the fiscal third quarter ended March 31, 2021. The Company reported $349,247 revenue for the fiscal third quarter ended March 31, 2020.
Gary LeCroy, Galaxy's Chief Executive Officer, commented, 'We continue to see an increase in demand for our in-classroom and remote learning education technology solutions and products. In addition, our OEM partners are experiencing solid growth and ramping their orders with us. We are benefitting from increased budget committments as a result of federal stimulus plans allocating additional money for school districts.'

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