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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NEW YORK--(BUSINESS WIRE)---- $LTRX #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Lantronix, Inc. (“Lantronix” or “the Company”) (NASDAQ: LTRX). Investors who purchased Lantronix securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/LTRX. Investigation Details: On February 8, 2024, Lantronix reported its financial results for its second quarter of fiscal 2.

Lantronix, Inc. (LTRX) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

NEW YORK , Feb. 24, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Lantronix, Inc. ("Lantronix" or the "Company") (NASDAQ: LTRX).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Lantronix, Inc. - LTRX

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Lantronix, Inc. (“Lantronix” or the “Company”) (NASDAQ: LTRX) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your Lantronix investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities l.

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

Percepxion™ comes pre-configured in Lantronix's gateways, routers, trackers and switches to accelerate IoT edge device deployments Percepxion™ comes pre-configured in Lantronix's gateways, routers, trackers and switches to accelerate IoT edge device deployments

Lantronix Announces Percepxion™, Its New Cloud Software Platform for IoT Devices

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Lantronix, Inc. (“Lantronix” or the “Company”) (NASDAQ: LTRX) investors concerning the Company's possible violations of federal securities laws. On February 8, 2024, Lantronix released its second quarter 2024 financial results and lowered its full-year 2024 guidance by approximately $10 million. The Company attributed the revision to “lower expected sales” as a result of “a general slowdown in.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Lantronix, Inc. (LTRX) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Lantronix, Inc. (“Lantronix” or the “Company”) (NASDAQ: LTRX) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On February 8, 2024, Lantronix released its second quarter 2024 financial results and lowered its full-year 2024 guidance by approximately $10 million. The Company attributed.

The Law Offices of Frank R. Cruz Announces Investigation of Lantronix, Inc. (LTRX) on Behalf of Investors

Lantronix, Inc. (LTRX) Q2 2024 Earnings Call Transcript

Lantronix, Inc. (LTRX) came out with quarterly earnings of $0.08 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.04 per share a year ago.

Lantronix, Inc. (LTRX) Meets Q2 Earnings Estimates

Second Quarter Net Revenue of $37 Million, up 12 Percent Sequentially and up 18 Percent Year-Over-Year Second Quarter GAAP EPS of ($0.07) vs. ($0.07) in the Prior Year Second Quarter Non-GAAP EPS of $0.08 vs.

Lantronix Reports Record Revenue for Second Quarter of Fiscal 2024

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IRVINE, Calif., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (NASDAQ: LTRX), a global provider of compute and connectivity IoT solutions that target high-growth industries in Smart Cities, Automotive and Enterprise, today announced it will release financial results from its fiscal 2024 second quarter ended Dec. 31, 2023, after the close of the market on Feb. 8, 2024.

Lantronix to Report Fiscal 2024 Second Quarter Results on Feb. 8, 2024

IRVINE, Calif., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT market, today announced that it has won an IoT Evolution Smart Buildings Innovation Award for its Smart Managed Gigabit Power over Ethernet++ (PoE++) SM24TBT2DPB PoE++ Switch.

Lantronix Wins Smart Buildings Innovation Award for POE++ Switch From IoT Evolution World

IRVINE, Calif., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX) (the “Company”), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT market, today announced that Christa Steele is joining the Company's Board of Directors as an independent director, effective Jan. 24, 2024.

Lantronix Appoints Christa Steele to Its Board of Directors

Lantronix, Inc. (LTRX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Strength Seen in Lantronix, Inc. (LTRX): Can Its 11.6% Jump Turn into More Strength?

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Highlights: Lantronix Inc. is collaborating with P3 Digital Services to co-create a pre-integrated hardware and software turnkey In-Vehicle Infotainment (IVI) platform Lantronix's Automotive Infotainment Computer (AIC), built around the Qualcomm SA8155P automotive processor, complements P3's flagship SPARQ OS software , creating a powerful Android Automotive Infotainment system This collaborative joint solution provides OEMs with a highly capable, secure and future-ready infotainment platform that accelerates time to market while saving costs IRVINE, Calif. and STUTTGART, Germany, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT market, and P3 Digital Services, a technology leader in In-Vehicle Infotainment (IVI), together announced their partnership and game-changing technology pre-integration.

Lantronix and P3 Collaborate to Create End-to-End IVI Solution

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IRVINE, Calif., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT market, today announced that Lantronix president and CEO Saleel Awsare has joined the Company's Board of Directors, effective Nov. 20, 2023. With the appointment of Mr. Awsare, the Board consists of five directors, four of whom the Board has determined are independent under applicable listing standards of the NASDAQ Stock Market.

Lantronix Appoints Saleel Awsare to Its Board of Directors

Lantronix, Inc. (NASDAQ:LTRX ) Q1 2024 Earnings Conference Call November 8, 2023 5:00 PM ET Company Participants Robert Adams – Head-Corporate Development and Investor Relations Jeremy Whitaker – Interim Chief Executive Officer and Chief Financial Officer Conference Call Participants Mike Walkley – Canaccord Genuity Jaeson Schmidt – Lake Street Tyler Burmeister – Craig-Hallum Capital Scott Searle – ROTH MKM Operator Good day, and welcome to the Lantronix Inc. First Quarter 2024 Results Conference Call. All participants will be in a listen-only mode.

Lantronix, Inc. (LTRX) Q1 2024 Earnings Call Transcript

IRVINE, Calif., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT market, today reported results for its first quarter of fiscal 2024.

Lantronix Reports Results for First Quarter of Fiscal 2024

IRVINE, Calif., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT market, today announced it will release financial results from its fiscal 2024 first quarter ended Sept. 30, 2023, after the close of the market on Wednesday, Nov. 8, 2023.

Lantronix to Report Fiscal 2024 First Quarter Results on November 8, 2023

IRVINE, Calif., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT market, today announced the expansion of its embedded product line to support the evolving needs of the automotive industry.

Lantronix Expands Automotive Solution Offerings With New Snapdragon Ride SX Development Platform

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