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

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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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IRVINE, Calif., Feb. 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 2023 second quarter ended Dec. 31, 2022, after the close of the market on Thursday, Feb. 9, 2023.

Lantronix to Report Fiscal 2023 Second Quarter Results on Feb. 9, 2023

Now available, the new Open-Q chipset modules use Qualcomm System-on-Chip devices with advanced heterogenous compute architectures Now available, the new Open-Q chipset modules use Qualcomm System-on-Chip devices with advanced heterogenous compute architectures

Lantronix Expands Open-Q Family With New SIP Modules That Deliver Powerful Performance, Vivid Graphics, Dynamic Camera Capabilities and Broad Connectivity Options

Industry Veteran Brings More Than 25 Years of Experience in Design and Engineering Industry Veteran Brings More Than 25 Years of Experience in Design and Engineering

Lantronix Names Eric Bass as VP of Engineering

Announces Preliminary Second Quarter Revenue and Updates Fiscal 2023 Revenue Guidance to Reflect Revised Delivery Schedule Announces Preliminary Second Quarter Revenue and Updates Fiscal 2023 Revenue Guidance to Reflect Revised Delivery Schedule

Lantronix Announces Record $40 Million Contract With Gridspertise

Received “IoT Innovation – Enterprise Solution of the Year” Award for Its 24-Port Managed Gigabit Ethernet PoE++ Switch Received “IoT Innovation – Enterprise Solution of the Year” Award for Its 24-Port Managed Gigabit Ethernet PoE++ Switch

Lantronix Named Winner of 2023 IoT Breakthrough Awards

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IRVINE, Calif., Jan. 05, 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 that its CFO, Jeremy Whitaker, will present at the 25 th Annual Needham Virtual Growth Conference on Jan. 11, 2023 at 2:15 p.m. Eastern Standard Time. A webcast of the presentation will be available live via the link below. In addition, a replay of the presentation will remain available at the webcast link for 30 days after the presentation.

Lantronix to Present at 25th Annual Needham Growth Conference on Jan. 11, 2023

Case Study: Lantronix contributes to hotel's ability to operate off the grid, reducing energy usage, costs and greenhouse gas emissions Case Study: Lantronix contributes to hotel's ability to operate off the grid, reducing energy usage, costs and greenhouse gas emissions

Lantronix PoE++ Switch Helps Power Hotel Marcel Net-Zero Energy Hotel

Lantronix, Inc. (NASDAQ:LTRX ) Q1 2023 Earnings Conference Call November 9, 2022 5:00 PM ET Company Representatives Paul Pickle - President, Chief Executive Officer Jeremy Whitaker - Chief Financial Officer Rob Adams - Corporate Development and IR Conference Call Participants Mike Walkley - Canaccord Genuity Christian Schwab - Craig Hallum Capital Group Scott Searle - Roth Capital Harry Wilmerding - Needham Operator Good afternoon everyone and welcome to the Lantronix First Quarter 2023 Earnings Conference Call. All participants will be in a listen-only mode.

Lantronix, Inc. (LTRX) Q1 2023 Earnings Call Transcript

Lantronix, Inc. (LTRX) delivered earnings and revenue surprises of 75% and 2.17%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Lantronix, Inc. (LTRX) Beats Q1 Earnings Estimates

IRVINE, Calif., Nov. 09, 2022 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for Intelligent IT and Internet of Things (IoT), today reported results for its first quarter of fiscal 2023.

Lantronix Reports Results for First Quarter Fiscal 2023

IRVINE, Calif., Nov. 02, 2022 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM) offering Software as a Service (SaaS), connectivity services, engineering services and intelligent hardware, today announced it will release financial results from its fiscal 2023 first quarter ended September, 30, 2022, after the close of the market on Wednesday, November 9, 2022.

Lantronix to Report Fiscal 2023 First Quarter Results on November 9, 2022

Small footprint and hardened temperature rating plus cloud-based management makes this new PoE++ switch ideal for IoT and IP devices throughout smart buildings or in rugged environments Small footprint and hardened temperature rating plus cloud-based management makes this new PoE++ switch ideal for IoT and IP devices throughout smart buildings or in rugged environments

Lantronix Expands Network Switch Offering With New Managed Layer 2 Hardened Gigabit Ethernet PoE++ Switch With Cloud-Based Management

IRVINE, Calif., Sept. 12, 2022 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for Intelligent IT and Internet of Things (IoT), today announced its acquisition of Out-of-Band (OOB) management solutions provider, Uplogix Inc., for approximately $8 million in cash with an additional payment of up to $4 million, subject to the achievement of certain revenue targets for Uplogix.

Lantronix Announces Acquisition of Uplogix

Ideal for intelligent LED lighting and smart building IoT applications, the new high-performance switch powers more applications from a single device Ideal for intelligent LED lighting and smart building IoT applications, the new high-performance switch powers more applications from a single device

Lantronix's New 24-Port Managed Gigabit Ethernet PoE++ Switch Enhances Its Network Switching Portfolio

SmartEdge Channel Partner Winners Represent Lantronix's Global and Diverse Partner Ecosystem SmartEdge Channel Partner Winners Represent Lantronix's Global and Diverse Partner Ecosystem

Lantronix Announces 2022 SmartEdge Channel Partner Program Award Winners

Disappointing earnings and guidance sent the stock lower.

Why Lantronix Stock Is Plummeting Today

Lantronix, Inc. (NASDAQ:LTRX ) Q4 2022 Earnings Conference Call August 25, 2022 5:00 PM ET Company Participants Rob Adams - Corporate Development and IR Paul Pickle - President and CEO Jeremy Whitaker - CFO Conference Call Participants Michael Walkley - Canaccord Genuity Scott Searle - Roth Capital Partners Christian Schwab - Craig-Hallum Capital Group Jaeson Schmidt - Lake Street Capital Markets Ryan Koontz - Needham & Company Operator Good day and welcome to the Lantronix Fourth Quarter 2022 Results Conference Call. All participants will be in a listen-only mode.

Lantronix, Inc. (LTRX) Q4 2022 Earnings Call Transcript

IRVINE, Calif., Aug. 25, 2022 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for Intelligent IT and Internet of Things (IoT), today reported record results for its fourth quarter of fiscal 2022.

Lantronix Reports Record Results for Fourth Quarter and Fiscal 2022

IRVINE, Calif., Aug. 18, 2022 (GLOBE NEWSWIRE) -- Lantronix, Inc. (the “Company”) (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM) offering Software as a Service (SaaS), connectivity services, engineering services and intelligent hardware, today announced it will release financial results for its fourth quarter of fiscal 2022 and full fiscal year ended June 30, 2022, after the close of the market on Thursday, August 25, 2022.

Lantronix Reschedules Fourth Quarter and Fiscal 2022 Results to August 25, 2022

LTRX is a provider of IoT hardware, used to aid companies communicate with its devices from anywhere. The company is looking to move away from low-margin sales to provide recurring IoT as a Service.

Lantronix: Breakdown Of My Second Largest Holding

IRVINE, Calif., July 28, 2022 (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 preliminary revenue results for its fourth fiscal quarter ended June 30, 2022 in anticipation of its participation in the CG 42nd Annual Growth Conference hosted by Canaccord Genuity on August 11, 2022.

Lantronix Announces Preliminary Record Revenue Results for Fourth Quarter 2022, and Participation at the CG 42nd Annual Growth Conference August 11, 2022

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.

Lantronix, Inc. (LTRX) Stock Jumps 9.6%: Will It Continue to Soar?

Showcasing the power and versatility of its developer-friendly Open-Q SOM solutions, Lantronix will demonstrate powerful AI-at-the-Edge applications Showcasing the power and versatility of its developer-friendly Open-Q SOM solutions, Lantronix will demonstrate powerful AI-at-the-Edge applications

Lantronix to Display Open-Q 5165RB SOM in the Qualcomm Technologies Booth at Embedded World 2022

Designed for data centers, branch offices and unmanned remote sites, Lantronix's OOBM solutions provide end-to-end network resilience Designed for data centers, branch offices and unmanned remote sites, Lantronix's OOBM solutions provide end-to-end network resilience

News for Lantronix Stock (LTRX)