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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A stock offering seems to have spooked some investors.

Why Shares of Lantronix Fell Sharply on Thursday

IRVINE, Calif., Nov. 18, 2021 (GLOBE NEWSWIRE) -- Lantronix, Inc. (NASDAQ: LTRX) (“Lantronix”), a global provider of secure turnkey solutions for Intelligent IT and the Internet of Things (IoT), today announced the pricing of an underwritten public offering of 4,700,000 shares of its common stock at a price to the public of $7.50 per share.

Lantronix Prices Underwritten Offering of Common Stock

The stock price of Lantronix Inc (NASDAQ: LTRX) fell by over 10% pre-market today. This is why it happened.

Lantronix (LTRX) Stock: Why The Price Dropped Today

IRVINE, Calif., Nov. 17, 2021 (GLOBE NEWSWIRE) -- Lantronix, Inc. (NASDAQ: LTRX) (“Lantronix”), a global provider of secure turnkey solutions for Intelligent IT and the Internet of Things (IoT), today announced that it has commenced a proposed underwritten public offering to issue and sell shares of its common stock. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed or as to the actual size or terms of the offering.

Lantronix Announces Proposed Public Offering of Common Stock

Real-time management and monitoring of distributed sites improve operational efficiency and increase uptime, helping stores grow revenues Real-time management and monitoring of distributed sites improve operational efficiency and increase uptime, helping stores grow revenues

Lantronix All-in-One Connectivity Solution Enables Remote Management of Retail Stores and Pop-up Sites

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Lantronix, Inc. (LTRX) CEO Paul Pickle on Q1 2022 Results - Earnings Call Transcript

IRVINE, Calif., Nov. 10, 2021 (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 the first quarter of fiscal 2022.

Lantronix Reports Record Results for First Quarter of Fiscal 2022

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IRVINE, Calif., Oct. 28, 2021 (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 preliminary revenue results for its fiscal 2022 first quarter ended September 30, 2021, and will release full results on November 11, 2021, after the close of the market.

Lantronix Announces Preliminary Record Revenue Results for First Quarter of Fiscal 2022 with Final Results to be Reported on November 11, 2021

SANTA BARBARA, Calif., Oct. 26, 2021 /PRNewswire/ -- Green Hills Software, the worldwide leader in embedded safety and security, and Lantronix (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 a partnership that is creating safe and secure computing platforms for customers building critical automotive electronic systems.

Lantronix and Green Hills Software Create Safe and Secure Computing Platform Solutions for the Automotive Electronic Systems Market

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Provides engineering and custom design services to support the creation of innovative IoT solutions for EMEA customers Provides engineering and custom design services to support the creation of innovative IoT solutions for EMEA customers

Lantronix Expands Engineering Services to EMEA with New Design Center in Germany

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Lantronix Expands Connectivity Services Solution IoT Cellular Data and Security Management

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IRVINE, Calif., Sept. 13, 2021 (GLOBE NEWSWIRE) -- Lantronix Inc. (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 that Lantronix will participate in the 5th Annual Lake Street Capital Markets Big5 Best Ideas Growth Conference. Lantronix CEO Paul Pickle and CFO Jeremy Whitaker will host virtual one-on-one meetings on Wednesday, Sept. 15, 2021. If you are interested in a meeting with Lantronix management, please contact your Lake Street Capital Markets salesperson. (https://www.lakestreetcapitalmarkets.com/big5conference )

Lantronix to Present in the 5th Annual Lake Street Capital Markets Big5 Best Ideas Growth Conference on Wednesday, Sept. 15, 2021

Lantronix's IoT Technology Integral to Development of Point-of-Care Medical Diagnostic Devices Lantronix's IoT Technology Integral to Development of Point-of-Care Medical Diagnostic Devices

Lantronix xPico 250 IoT Gateway Enables Secure Connected Healthcare Applications

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Networking company Lantronix Inc (NASDAQ:LTRX) just posted its Q4 revenue of $20.6 million above the consensus of $19.3 million. Non-GAAP EPS of $0.06 beat the consensus of $0.05.

Why Are Lantronix's Shares Trading Higher Today?

Lantronix, Inc. (LTRX) CEO Paul Pickle on Q4 2021 Results - Earnings Call Transcript

Lantronix, Inc. (LTRX) delivered earnings and revenue surprises of 50.00% and 3.19%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Lantronix, Inc. (LTRX) Tops Q4 Earnings and Revenue Estimates

IRVINE, Calif., Aug. 26, 2021 (GLOBE NEWSWIRE) -- Lantronix, Inc. (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 reported results for the fourth quarter of fiscal 2021 and fiscal year ended June 30, 2021.

Lantronix Reports Record Results for Fourth Quarter and Fiscal 2021

Formerly Transition Networks, Lantronix Showcases Smart Lighting and Security With New Secure Remote Access Solution Formerly Transition Networks, Lantronix Showcases Smart Lighting and Security With New Secure Remote Access Solution

Lantronix Brings Innovative Smart City and Intelligent Building Solutions to the BICSI 2021 Fall Conference & Exhibition

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Presenting at the Oppenheimer 24th Annual Technology, Internet & Communications Conference August 10th Presenting at the Oppenheimer 24th Annual Technology, Internet & Communications Conference August 10th

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