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.

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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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LOS ANGELES, CA / ACCESSWIRE / March 15, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Lantronix, Inc. ("Lantronix" or "the Company") (NASDAQ:LTRX) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between May 11, 2023 and February 21, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before April 23, 2024.

INVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in Lantronix, Inc. with Losses of $100,000 to Contact the Firm

NEW YORK, NY / ACCESSWIRE / March 14, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/lantronix-inc-lawsuit-submission-form?prid=71154&wire=1 or contact Joseph E. Levi, Esq.

Class Action Filed Against Lantronix, Inc. (LTRX) Seeking Recovery for Investors – Contact Levi & Korsinsky

SAN DIEGO--(BUSINESS WIRE)---- $LTRX #LantronixInc--Robbins LLP is investigating the allegations that Lantronix, Inc. (LTRX) overstated demand for its products.

Lantronix, Inc. Shareholders with Significant Losses Should Contact Robbins LLP About Their Rights and Remedies Against LTRX

NEW YORK--(BUSINESS WIRE)---- $LTRX #Investigation--The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Central District of California on behalf of those who acquired Lantronix, Inc. (“Lantronix” or the “Company”) (NASDAQ:LTRX) securities during the period of May 11, 2023 through February 8, 2024, inclusive (“the Class Period”). Investors have until April 23, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit. [Clic.

Kirby McInerney LLP Reminds Lantronix, Inc. (LTRX) Investors of Class Action Filing and Encourages Investors to Contact the Firm

NEW YORK, NY / ACCESSWIRE / March 13, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/lantronix-inc-lawsuit-submission-form?prid=70885&wire=1 or contact Joseph E. Levi, Esq.

Shareholders that lost money on Lantronix, Inc.(LTRX) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More

IRVINE, Calif., March 11, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of compute and connectivity IoT solutions, today announced that Lantronix CEO Saleel Awsare will participate in a fireside chat with MKM Roth analyst Scott Searle on Monday, March 18, 2024, at 3:30 p.m.

Lantronix to Participate in 36th Annual Roth Conference Held March 17–19, 2024

NEW YORK, NY / ACCESSWIRE / March 8, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/lantronix-inc-lawsuit-submission-form?prid=69971&wire=1 or contact Joseph E. Levi, Esq.

Shareholders that lost money on Lantronix, Inc. (LTRX) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More

NEW YORK , March 7, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Lantronix, Inc. (NASDAQ: LTRX) between May 11, 2023 and February 8, 2024, both dates inclusive (the "Class Period"), of the important April 23, 2024 lead plaintiff deadline. SO WHAT: If you purchased Lantronix securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Lantronix, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - LTRX

NEW YORK, NY / ACCESSWIRE / March 6, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/lantronix-inc-lawsuit-submission-form?prid=69624&wire=1 or contact Joseph E. Levi, Esq.

Lost Money on Lantronix, Inc.(LTRX)? Join Class Action Suit Seeking Recovery – Contact Levi & Korsinsky

IRVINE, Calif., March 06, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of compute and connectivity IoT solutions that target high-growth industries, including Smart Cities, Automotive and Enterprise, today announced its new Snapdragon™ 8 Gen 3 mobile hardware development kit (HDK).

Lantronix Announces Snapdragon 8 Gen 3 Mobile Hardware Development Kit for Qualcomm 8650 System-on-Chip

NEW YORK , March 5, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Lantronix, Inc.. Shareholders who purchased shares of LTRX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment.

Lantronix, Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before April 23, 2024 to Discuss Your Rights - LTRX

SAN DIEGO--(BUSINESS WIRE)---- $LTRX #AI--Robbins LLP is Investigating the Allegations Against Lantronix, Inc.

LTRX Investors: Robbins LLP Reminds Shareholders of the Lantronix, Inc. (LTRX) Class Action Lawsuit

NEW YORK , March 3, 2024 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Lantronix, Inc. ("Lantronix" or "the Company") (NASDAQ: LTRX) and certain of its officers. Class Definition: This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Lantronix securities between May 11, 2023 and February 8, 2024, inclusive (the "Class Period").

LTRX INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Lantronix, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

NEW YORK, NY / ACCESSWIRE / March 1, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/lantronix-inc-lawsuit-submission-form?prid=68775&wire=1 or contact Joseph E. Levi, Esq.

Investors Who Lost Money on Lantronix, Inc.(LTRX) Should Contact Levi & Korsinsky About Pending Class Action - LTRX

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming April 23, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Lantronix, Inc. (“Lantronix” or the “Company”) (NASDAQ: LTRX) securities between May 11, 2023 and February 8, 2024, inclusive (the “Class Period”). If you suffered a loss on your Lantronix investments or would like to inquire about potentially pursuing c.

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Lantronix, Inc. (LTRX)

IRVINE, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of compute and connectivity IoT solutions, today announced the appointment of Kurt Hoff as its vice president, Worldwide Sales, effective March 4, 2024. Hoff will replace Roger Holliday, vice president of Worldwide Sales at Lantronix, who is stepping down on Feb. 29, 2024, in order to retire.

Lantronix Names Kurt Hoff as Vice President, Worldwide Sales

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BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming April 23, 2024 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Lantronix, Inc. (“Lantronix” or the “Company”) (NASDAQ: LTRX) securities between May 11, 2023 and February 8, 2024, inclusive (the “Class Period”). Investors suffering losses on their Lantronix investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal r.

Deadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Lantronix, Inc. (LTRX)

NEW YORK , Feb. 27, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Lantronix, Inc. (NASDAQ: LTRX) between May 11, 2023 and February 8, 2024, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed.

ROSEN, A LEADING NATIONAL FIRM, Encourages Lantronix, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - LTRX

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Lantronix, Inc. (LTRX) Investors.

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Lantronix, Inc. (LTRX) Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, announces that a class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Lantronix, Inc. (“Lantronix” or the “Company”) (NASDAQ: LTRX) securities between May 11, 2023 and February 8, 2024, inclusive (the “Class Period”). Lantronix investors have until April 23, 2024 to file a lead plaintiff motion. If you suffered a loss on your Lantronix.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces the Filing of a Securities Class Action on Behalf of Lantronix, Inc. (LTRX) Investors

NEW YORK--(BUSINESS WIRE)---- $LTRX #Investigation--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Central District of California on behalf of those who acquired Lantronix, Inc. (“Lantronix” or the “Company”) (NASDAQ:LTRX) securities during the period of May 11, 2023 through February 8, 2024, inclusive (“the Class Period”). Investors have until April 23, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit. [Click here t.

Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Lantronix, Inc. (LTRX) Investors

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Lantronix, Inc. (NASDAQ: LTRX) between May 11, 2023 and February 8, 2024, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 23, 2024. SO WHAT: If you purchased Lantronix securities during the Class Period.

ROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Encourages Lantronix, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – LTRX

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Lantronix, Inc. (“Lantronix” or the “Company”) (NASDAQ: LTRX) securities between May 11, 2023 and February 8, 2024, inclusive (the “Class Period”). Lantronix investors have until April 23, 2024 to file a lead plaintiff motion. Investors suffering losses on their Lantronix investments are encouraged to contact the Law Offices of Howard G. Smith.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Lantronix, Inc. (LTRX) Investors

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