Lantronix

Lantronix, Inc. engages in the provision of software as a service (SaaS), engineering services, and hardware for Edge Computing, the Internet of Things (IoT), and Remote Environment Management (REM). Its products and solutions include IoT, REM and Other. The company was founded by Bernhard Bruscha in June 1989 and is headquartered in Irvine, CA.

Earnings data Q3 2021

Earnings data Q4 2021

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Earnings data Q1 2025

Earnings data Q2 2025

Lantronix reports sequential revenue growth and improved gross margin

Lantronix's third-quarter performance showed revenue growth and improved gross margin, but the company reported a GAAP net loss. Despite this, the non-GAAP net income and solid cash position demonstrate resilience. Addressing financial challenges and capitalizing on opportunities will be crucial for the company's future success.

Lantronix reports stable Q2 revenue, eyes growth with Gridspertise

Lantronix's Q2 2023 performance showed stable revenue with a slight sequential decrease and a focus on improving operational efficiency.
The company's strategic contract with Gridspertise and positive outlook for fiscal 2023 indicate growth potential.
While facing challenges like supply chain issues, Lantronix aims to leverage opportunities for growth and enhance financial stability.

Lantronix reports Q3 revenue growth, targets $250M annual revenue

Lantronix's Q3 performance showed revenue growth, strong cash position, and focus on IoT solutions and software services.
Challenges include supply chain constraints, declining system solutions revenue, and competitive dynamics.
Opportunities lie in pursuing identified growth sectors, setting revenue targets for FY 2024, and expanding software and services revenue.
Overall, Lantronix aims for continued growth, targeting $250 million in annual revenue and addressing challenges through strategic focus.

Lantronix reports mixed Q4 results, eyes growth in fiscal 2024

Lantronix's FQ4 2023 showed mixed results with revenue growth sequentially but a year-over-year decline.
The company aims for substantial growth in fiscal 2024, targeting revenue of $175-185 million.
Challenges include profitability concerns, sequential revenue decline expected in Q1 2024, and ongoing CEO search.
Opportunities lie in improving gross margins, achieving growth targets, and identifying a new CEO for leadership stability.

Lantronix reports Q1 revenue growth, appoints new CEO for growth

Lantronix's Q1 2024 performance showed revenue growth driven by System Solutions and IoT solutions.
Maintained cash position and provided guidance for revenue growth in Q2 and fiscal year 2024.
New CEO appointment aims to steer the company towards future growth and profitability.

Lantronix reports record Q2 revenue but faces challenges ahead

Lantronix reported strong revenue growth in Q2 2024 but faced challenges with a net loss and lower IoT sales. The company's focus on strategic initiatives and cost synergies positions it well for future opportunities and growth.

Lantronix reports record revenue and strong growth prospects in key markets

Lantronix's Q3 2024 performance reflects robust revenue growth, profitability, and strategic positioning in key verticals, underpinned by strong financial health.
While the company faces challenges in a competitive landscape and market uncertainties, opportunities in smart cities, automotive infotainment, and enterprise segments offer avenues for sustained growth.
Balancing innovation, partnerships, and operational efficiency will be crucial for Lantronix to capitalize on market opportunities and navigate potential challenges in the upcoming quarters.

Lantronix posts record revenue in Q4 2024, eyes AI opportunities

Lantronix's Q4 2024 performance reflects robust revenue growth, profitability, and strategic market positioning across key verticals.
The company's strengths lie in diversified revenue streams, technological collaborations, and strong partnerships with industry leaders.
While facing challenges in sustaining growth and operational scalability, Lantronix is well-positioned to capitalize on opportunities in AI computing, market expansion, and shareholder value enhancement.

Lantronix reports Q1 revenue growth, eyes IoT leadership amid challenges

Lantronix's Q1 2025 performance showed revenue growth and positive non-GAAP net income, driven by strategic initiatives in acquisitions and collaborations. While facing challenges such as a sequential revenue decline in Q2 and a GAAP net loss, the company is well-positioned to capitalize on opportunities in IoT leadership and operational efficiency improvements.

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Lantronix, Inc. (NASDAQ:LTRX ) Q1 2025 Earnings Conference Call November 7, 2024 6:30 PM ET Company Participants Brent Stringham - Chief Accounting Officer and Interim CFO Saleel Awsare - President and CEO Conference Call Participants Tyler Burmeister - Craig-Hallum Capital Ryan Koontz - Needham Operator Good evening, and welcome to the Lantronix First Quarter Fiscal 2025 Results Conference Call. All participants will be in listen-only mode.

Lantronix, Inc. (LTRX) Q1 2025 Earnings Conference Call Transcript

Lantronix, Inc. (LTRX) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.07 per share a year ago.

Lantronix, Inc. (LTRX) Q1 Earnings and Revenues Miss Estimates

IRVINE, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity IoT solutions, today reported results for its first quarter of fiscal 2025.

Lantronix Reports Results for First Quarter of Fiscal 2025

IRVINE, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader in IoT compute and connectivity IoT solutions, today announced that it has signed a definitive agreement to acquire from NetComm Wireless Pty Ltd (“NetComm”), a subsidiary of DZS, Inc., all of the assets of its enterprise Internet of Things (IoT) business for $6.5 million in cash together with assumptions of certain liabilities. The acquisition complements Lantronix's focus on the Enterprise and Smart City vertical markets and expands its next-generation 5G capabilities.

Lantronix Accelerates IoT Leadership With Strategic Acquisition of DZS's NetComm Enterprise IoT Portfolio

IRVINE, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (NASDAQ: LTRX), a global leader of compute and connectivity IoT solutions, today announced it will release financial results from its fiscal 2025 first quarter ended Sept. 30, 2024, after the close of the market on Thursday, Nov. 7, 2024.

Lantronix to Report Fiscal 2025 First Quarter Results on Nov. 7, 2024

Lantronix's SmartLV Gateway, powered by QCOM, will address the energy sector's most pressing challenges.

Lantronix Unveils Qualcomm-Powered Solution: Will LTRX Top Line Gain?

Transforming Low-Voltage Substations in Smart Grids and Industrial Applications With Unprecedented Real-Time Control, Visibility and Automation Transforming Low-Voltage Substations in Smart Grids and Industrial Applications With Unprecedented Real-Time Control, Visibility and Automation

Lantronix Unveils SmartLV, the First AI-Enabled IoT Edge Compute Cellular Gateway, Powered by Qualcomm

LTRX unveils next-generation System-in-Package solutions driven by Qualcomm Technologies that bring AI and ML capabilities to the edge.

Lantronix Introduces Qualcomm-Powered Advanced SiP Solutions

The modules are ideal for developing products for smart city and enterprise use cases, including robotics, industrial automation, video surveillance and drones The modules are ideal for developing products for smart city and enterprise use cases, including robotics, industrial automation, video surveillance and drones

Lantronix Announces Five New System-in-Package Solutions Powered by Qualcomm for AI/ML and Video Solutions at the Edge

Lantronix Lauded for Its Percepxion Cloud IoT Edge Solutions Platform Lantronix Lauded for Its Percepxion Cloud IoT Edge Solutions Platform

Lantronix Named Finalist in the Ranking of The Top 100 Software Companies of 2024

IRVINE, Calif., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader in compute and connectivity IoT solutions, today announced the resignation of Chief Financial Officer (CFO) Jeremy Whitaker, who has accepted the CFO role at a private company.

Lantronix Announces CFO Departure and Transition Plan

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LTRX records a 41% top-line expansion year over year in Q4, driven by robust sales in IoT System Solutions amid weakness in the Embedded IoT Solutions segment.

Lantronix's Q4 Earnings Meet, Revenues Increase Y/Y, Stock Gains

Lantronix, Inc (NASDAQ:LTRX ) Q4 2024 Earnings Conference Call September 5, 2024 5:00 PM ET Company Participants Jeremy Whitaker – Chief Financial Officer Saleel Awsare – President and Chief Executive Officer Conference Call Participants Scott Searle – ROTH Capital Jaeson Schmidt – Lake Street George Gianarikas – Canaccord Ryan Koontz – Needham & Co Operator Good day, and welcome to the Lantronix Fourth Quarter 2024 Results Conference Call. All participants will be in listen-only mode.

Lantronix, Inc (LTRX) Q4 2024 Earnings Call Transcript

Lantronix, Inc. (LTRX) came out with quarterly earnings of $0.15 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.06 per share a year ago.

Lantronix, Inc. (LTRX) Q4 Earnings Match Estimates

IRVINE, Calif., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity IoT solutions, today reported results for its fourth quarter of fiscal 2024.

Lantronix Reports Record Revenue for Fourth Quarter and Full Fiscal 2024

LTRX Q4 fiscal 2024 performance is likely to have gained from the uptake of its solutions across its Smart Cities, Automotive and Enterprise business verticals.

Lantronix Gears Up to Report Q4 Earnings: What's in the Offing?

Representing Lantronix's Global and Diverse Partner Ecosystem, SmartEdge Winners Deliver Lantronix's Award-Winning Solutions to the World Representing Lantronix's Global and Diverse Partner Ecosystem, SmartEdge Winners Deliver Lantronix's Award-Winning Solutions to the World

Lantronix Announces 2024 SmartEdge Channel Partner Program Award Winners

Lantronix (LTRX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Lantronix, Inc. (LTRX) to Report Q4 Results: Wall Street Expects Earnings Growth

Lantronix is a small tech company trading at a low price/book ratio and profitable, offering a good value proposition. The company faces risks such as chip shortages, outsourcing manufacturing, and limited distributors, impacting growth potential. Lantronix's non-GAAP earnings show profitability and positive cash flow, making it a potential buy with growth prospects if risks are managed.

Beaten Down Lantronix Offers An Interesting Contrarian Value Play

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NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Lantronix, Inc. (NASDAQ: LTRX) on behalf of long-term stockholders following a class action complaint that was filed against Lantronix on February 23, 2024 with a Class Period from May 11, 2023 to February 8, 2024. Our investigation concerns whether the board of directors of Lantronix have breached their fiduciary duties to the company.

LANTRONIX ALERT: Bragar Eagel & Squire, P.C. is Investigating Lantronix, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Lantronix's Percepxion Cloud Software Platform Honored as One of the Most Innovative IoT Products Lantronix's Percepxion Cloud Software Platform Honored as One of the Most Innovative IoT Products

Lantronix Inc. Wins 2024 IoT Evolution Product of the Year Award From IoT Evolution World Magazine

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IRVINE, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader in compute and connectivity IoT solutions, today announced its participation in the 44th Annual Growth Conference hosted by Canaccord Genuity at the InterContinental Hotel in Boston.

News for Lantronix Stock (LTRX)