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 Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

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Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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 mixed FQ4 results, eyes growth in fiscal 2024

Lantronix's FQ4 2023 showed mixed results with revenue growth but decreased gross margin. The company is optimistic about fiscal 2024, focusing on Gridspertise and QED production. Short-term challenges include an expected sequential revenue decline and the ongoing CEO search.

Lantronix reports 4% revenue growth and appoints new CEO

Lantronix's Q1 2024 performance reflects revenue growth, improved gross margin, and a solid financial position. While the company faces challenges in sustaining growth and managing leadership transition, opportunities lie in new leadership, IoT solutions, telematics deals, and the EV market.

Lantronix reports record Q4 revenues, CEO optimistic about growth

Lantronix achieved record revenues in Q4 2023, with a strong sequential and year-over-year growth. However, challenges such as declining gross margin and concerns about excess inventory levels and customer push out impact the outlook for fiscal 2024. Despite this, the CEO remains optimistic about the company's growth potential and emphasizes a focus on near-term guidance.

Lantronix reports robust Q3 results, eyes growth in key markets

Lantronix's strong Q3 performance, strategic focus on key verticals, and financial stability position it well for future growth. While challenges exist in a competitive market and external factors, the company's growth targets for FY 2024 signal confidence in its trajectory.

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Lantronix, Inc. (LTRX) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Lantronix, Inc. (LTRX) Soars 8.6%: Is Further Upside Left in the Stock?

Lantronix, Inc. (LTRX) CEO Paul Pickle on Q3 2021 Results - Earnings Call Transcript

IRVINE, Calif., April 29, 2021 (GLOBE NEWSWIRE) -- In a release issued earlier today by Lantronix, Inc. (NASDAQ: LTRX), please note the first bullet point after the headline should read "Third Quarter Net Revenue Was $17.1 Million, Up 4% Year Over Year and 3% Sequentially" instead of "Second Quarter Net Revenue Was $17.1 Million, Up 4% Year Over Year and 3% Sequentially. The corrected release follows:

CORRECTING and REPLACING -- Lantronix Reports Third Quarter Fiscal 2021 Results

Lantronix, Inc. (LTRX) delivered earnings and revenue surprises of 150.00% and 1.83%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Lantronix, Inc. (LTRX) Surpasses Q3 Earnings and Revenue Estimates

Communications Systems

MINNETONKA, Minn.--(BUSINESS WIRE)--Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), an IoT intelligent edge products and services company, today announced that it entered into a definitive securities purchase agreement (“Purchase Agreement”) with Lantronix, Inc. (Nasdaq: LTRX) (“Lantronix”), to sell the Company's Transition Networks and Net2Edge businesses to Lantronix for a base price of $25.0 million to be paid at closing, subject to a working capital adjustment following

Communications Systems to Sell its Transition Networks and Net2Edge Businesses for $25.0 Million Paid at Closing Plus up to an Additional $7.0 Million in Earnout Payments

IRVINE, Calif., April 29, 2021 (GLOBE NEWSWIRE) -- Lantronix, Inc. (NASDAQ: LTRX), a global provider of software as a service (“SaaS”), connectivity services, engineering services, and intelligent hardware solutions for the Internet of Things (IoT) and Remote Environment Management (REM), today reported results for the third quarter of fiscal 2021 that ended March 31, 2021.

Lantronix Reports Third Quarter Fiscal 2021 Results

IRVINE, Calif., April 29, 2021 (GLOBE NEWSWIRE) -- Lantronix Inc. (“Lantronix”) (NASDAQ: LTRX), a global provider of Software as a Service (SaaS), connectivity services, engineering services, intelligent hardware and turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM), today announced that it has entered into a definitive Securities Purchase Agreement to acquire Transition Networks and Net2Edge, which comprises the Electronics and Software reportable business segment of Communications Systems Inc. (NASDAQ: JCS) (“CSI”).

Lantronix Announces Definitive Agreement to Acquire Electronics and Software Reportable Business Segment From Communications Systems Inc.

Case Study: Lantronix xDirect Server Case Study: Lantronix xDirect Server

Lantronix Supports Medical Informatics Corp. in Development of Sickbay IoT Solution

Lantronix, Inc.: Small IoT Provider With Positive Financial Maturation

Lantronix, Inc. (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) Reports Next Week: What to Know Ahead of the Release

IRVINE, Calif., April 19, 2021 (GLOBE NEWSWIRE) -- Lantronix, Inc. (the “Company”) (NASDAQ: LTRX), a global provider of Software as a Service (SaaS), connectivity services, engineering services, intelligent hardware and turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM), today announced it will release financial results for its fiscal 2021 third quarter ended March 31, 2021, on April 29, 2021, after the close of the market.

Lantronix to Report Fiscal 2021 Third Quarter Results on April 29, 2021

Case Study: Lantronix Engineering Services Case Study: Lantronix Engineering Services

Lantronix Contributes to eSight Design, Enabling Individuals With Serious Visual Impairment to See

Lantronix met strict scoring for CRN partner program based on channel benefits that drive success Lantronix met strict scoring for CRN partner program based on channel benefits that drive success

Lantronix Named to 2021 CRN Partner Program Guide

Smart Cities Safety, Increased Bank Security and Intelligent Point of Sale for Retail Smart Cities Safety, Increased Bank Security and Intelligent Point of Sale for Retail

Lantronix Powers Industrial Internet of Things With Solutions That Improve Lives

Visit Booth #A4.8 to see Lantronix's embedded solutions, development kits, servers, routers and asset trackers Visit Booth #A4.8 to see Lantronix's embedded solutions, development kits, servers, routers and asset trackers

Lantronix to Showcase Industrial IoT Embedded Compute, Connect and Edge Solutions at Convergence India 2021

Accelerates Innovation, Development, Testing and Deployment of Android Mobile Applications in AI, Gaming, Photography and More Accelerates Innovation, Development, Testing and Deployment of Android Mobile Applications in AI, Gaming, Photography and More

Lantronix Announces the Availability of Mobile Hardware Development Kit Featuring Qualcomm Snapdragon 888

Lantronix (LTRX) has moved higher as of late, but there could definitely be trouble on the horizon for this company.

Lantronix (LTRX) Enters Overbought Territory

Lantronix, Inc. (LTRX) CEO Paul Pickle on Q2 2021 Results - Earnings Call Transcript

Lantronix, Inc. (LTRX) delivered earnings and revenue surprises of -25.00% and -3.58%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Lantronix, Inc. (LTRX) Misses Q2 Earnings and Revenue Estimates

Shares of Lantronix (NASDAQ:LTRX) decreased in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share were flat 0.00% year over year to $0.03, which missed the estimate of $0.05.

Recap: Lantronix Q2 Earnings

IRVINE, Calif., Feb. 11, 2021 (GLOBE NEWSWIRE) -- Lantronix, Inc. (NASDAQ: LTRX), a global provider of software as a service (“SaaS”), connectivity services, engineering services, and intelligent hardware solutions for the Internet of Things (IoT) and Remote Environment Management (REM), today reported results for the second quarter of fiscal 2021 that ended December 31, 2020.

Lantronix Reports Second Quarter Fiscal 2021 Results

Lantronix (NASDAQ:LTRX) unveils its next round of earnings this Thursday, February 11. Get prepared with Benzinga's ultimate preview for Lantronix's Q2 earnings.

A Preview Of Lantronix's Earnings

Now offers Lantronix's hardware, software and service solutions for IoT and Out-of-Band Management as well as Systems on Chips and Modules Now offers Lantronix's hardware, software and service solutions for IoT and Out-of-Band Management as well as Systems on Chips and Modules

Lantronix Names SAPPLY Australasia Distributor

IRVINE, Calif., Jan. 21, 2021 (GLOBE NEWSWIRE) -- Lantronix, Inc. (the “Company”) (NASDAQ: LTRX), a global provider of Software as a Service (SaaS), engineering services and hardware for Edge Computing, the Internet of Things (IoT) and Remote Environment Management (REM), today announced it will release financial results for its fiscal 2021 second quarter ended December 31, 2020, on February 11, 2021, after the close of the market.

Lantronix to Report Fiscal 2021 Second Quarter Results on February 11, 2021

IRVINE, Calif., Jan. 07, 2021 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (NASDAQ: LTRX), a global provider of Software as a Service (SaaS), engineering services and intelligent hardware for the Internet of Things (IoT) and Remote Environment Management (REM), today announced that Lantronix CEO Paul Pickle and CFO Jeremy Whitaker will participate in the 23rd Annual Needham Virtual Growth Conference on Jan. 11, 2021, at 11 a.m. Pacific Time (2 p.m. Eastern Time). Lantronix management will also hold virtual one-on-one meetings throughout the conference. To book a one-on-one meeting, please contact your Needham salesperson (NeedhamConferences).

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