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

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Lantronix, Inc. (LTRX) CEO Paul Pickle on Q4 2020 Results - Earnings Call Transcript 

IRVINE, Calif., Sept.  10, 2020  (GLOBE NEWSWIRE) --  Lantronix, Inc.  (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 reported results for the fourth quarter of fiscal 2020 that ended June 30, 2020.

Lantronix Reports Record Revenue for the Fourth Quarter of Fiscal 2020

Lantronix (NASDAQ: LTRX) will be releasing its next round of earnings this Thursday, September 10.

Lantronix's Earnings Outlook

Aimed at Connected Visual Intelligence Applications With High-Resolution Camera Capabilities, On-Device AI Processing and Native Ethernet Interface Aimed at Connected Visual Intelligence Applications With High-Resolution Camera Capabilities, On-Device AI Processing and Native Ethernet Interface

Lantronix Open-Q 610 μSOM to Bring Advanced AI and Machine Learning Capabilities to Smart Cameras

IRVINE, Calif., Aug.  06, 2020  (GLOBE NEWSWIRE) --  Lantronix, Inc.  (the “Company”) (Nasdaq: LTRX), a global provider of secure data access and management solutions for the industrial Internet of Things (IoT), today announced it will release financial results for its fiscal 2020 fourth quarter ended June 30, 2020, on September 10, 2020, after the close of the market.

Lantronix Provides Revenue Guidance for Fiscal 2020 Fourth Quarter, to Announce Full Results on September 10, 2020

IRVINE, Calif., Aug.  04, 2020  (GLOBE NEWSWIRE) --  Lantronix, Inc.  (the “Company”) (Nasdaq: LTRX), a global provider of secure data access and management solutions for the industrial Internet of Things (IoT), today announced its fall 2020 investor conference schedule. Lantronix CEO Paul Pickle and CFO Jeremy Whitaker will participate in the following virtual conferences:

Lantronix Announces Fall Investor Conference Schedule

Lantronix’s Wi-Fi Certified Solutions Include xPico 200, PremierWave 2050, and SGX5150 Products Lantronix’s Wi-Fi Certified Solutions Include xPico 200, PremierWave 2050, and SGX5150 Products

Lantronix IoT Solutions Awarded Wi-Fi Alliance Certification

Streamline remote management of network, server and data centers to securely and reliably ensure business continuity Streamline remote management of network, server and data centers to securely and reliably ensure business continuity

Lantronix Out-of-Band Management Solutions Ensure Secure Remote Access for Data Centers and Distributed Workplaces

Wireless Smart Scales Enable Easy Store Reconfigurations and Wireless Transmission to Point-of-Sale Terminals, Speeding Customer Check-Out Wireless Smart Scales Enable Easy Store Reconfigurations and Wireless Transmission to Point-of-Sale Terminals, Speeding Customer Check-Out

Lantronix Delivers Smart Connectivity to Leading Industrial Weighing Scales Manufacturer

IRVINE, Calif., June  18, 2020  (GLOBE NEWSWIRE) --  Lantronix, Inc.  (NASDAQ: LTRX), a global provider of intelligent edge and secure data management solutions for the Industrial Internet of Things (IoT), today announced that Robert Adams has joined Lantronix as Head of Corporate Development and Investor Relations.

Lantronix Names Former Microsemi SVP Robert Adams to Head of Corporate Development and Investor Relations

Misty II Utilizes Qualcomm® Robotics Solutions to Provide Open-Platform Robot Capable of Tasks for Education, Eldercare and COVID-19 Prevention Misty II Utilizes Qualcomm® Robotics Solutions to Provide Open-Platform Robot Capable of Tasks for Education, Eldercare and COVID-19 Prevention

Lantronix Teams With Misty Robotics to Create Open-Platform Robot

Tangen Biosciences Utilizes Lantronix’s xPico 250 IoT Gateway in Development of COVID-19 Point-of-Care Diagnostic Device Tangen Biosciences Utilizes Lantronix’s xPico 250 IoT Gateway in Development of COVID-19 Point-of-Care Diagnostic Device

Lantronix Teams With Tangen Biosciences in the Fight Against COVID-19

ConsoleFlow Provides Secure Remote Monitoring and Control of Equipment, Including Industrial and Medical Devices ConsoleFlow Provides Secure Remote Monitoring and Control of Equipment, Including Industrial and Medical Devices

Lantronix ConsoleFlow Undergoes Extensive Network Penetration Testing and Source Code Review by IntelligINTS

Lantronix Intelligent Edge Solutions and Engineering Services Improve Time to Market Lantronix Intelligent Edge Solutions and Engineering Services Improve Time to Market

Work-From-Home Made Easier and More Secure With Lantronix Contributions to Leading Video Meeting Platforms

Lantronix, Inc. (LTRX) CEO Paul Pickle on Q3 2020 Results - Earnings Call Transcript

IRVINE, Calif., May  14, 2020  (GLOBE NEWSWIRE) --  Lantronix, Inc.  (NASDAQ: LTRX), a global provider of secure data access and management solutions for the industrial Internet of Things (IoT), today reported results for the third quarter of fiscal 2020 that ended March 31, 2020.

Lantronix Reports Record Revenue for the  Third Quarter of Fiscal 2020

Lantronix Has Fallen Too Far, Too Fast

New Platform to Accelerate Development of Premium, Flagship Mobile Devices New Platform to Accelerate Development of Premium, Flagship Mobile Devices

Intrinsyc a subsidiary of Lantronix Announces Availability of Hardware Development Kit Featuring Qualcomm Snapdragon 865 Mobile Platform

Lantronix, Inc. (LTRX) CEO Paul Pickle on Q2 2020 Results - Earnings Call Transcript

IRVINE, Calif., Jan.  22, 2020  (GLOBE NEWSWIRE) --  Lantronix, Inc.  (NASDAQ: LTRX), a global provider of secure data access and management solutions for the industrial Internet of Things (IoT), today announced that Roger Holliday has joined Lantronix as vice president of Worldwide Sales.

Lantronix Names Former Microsemi EVP/GM Roger Holliday as VP Worldwide Sales

IRVINE, Calif., Jan.  16, 2020  (GLOBE NEWSWIRE) -- Lantronix, Inc. (“Lantronix”) (NASDAQ: LTRX), a global provider of secure data access and management solutions for the industrial Internet of Things (IoT), today announced that it has completed its previously announced acquisition of all of the outstanding shares of Intrinsyc Technologies Corporation (“Intrinsyc”) a leading provider of solutions for the development of embedded and IoT products. 

Lantronix Completes Acquisition of Intrinsyc Expanding its IoT Value Proposition

Lantronix's Smart Acquisitions Should Propel Its Shares Higher

Lantronix's (LTRX) CEO Paul Pickle on Q1 2020 Results - Earnings Call Transcript

IRVINE, Calif., Nov.  12, 2019  (GLOBE NEWSWIRE) -- Lantronix, Inc. (“Lantronix” or “Company”) (NASDAQ: LTRX), a global provider of secure data access and management solutions for the industrial Internet of Things (IoT), today reported that it has entered into a Second Amended and Restated Loan and Security Agreement (the “Loan Agreement”) with Silicon Valley Bank (“SVB”) to provide Lantronix with a Term Loan, in the original principal amount of $6 million, to be used solely to fund the previously announced acquisition of Intrinsyc Technologies Corporation (TSX: ITC). The Term Loan is payable in forty-eight equal monthly installments and provides for an interest rate per annum equal to the greater of (i) the prime rate plus 1.00% or (ii) 6.00%. The Loan Agreement also increased Lantronix’s existing line of credit from $4 million to $6 million, providing the company with access to additional working capital.  

Lantronix Announces Acquisition Funding

Lantronix, Inc. (LTRX) CEO Paul Pickle on Intrinsyc Acquisition - Conference Call Transcript

News for Lantronix Stock (LTRX)