Lantronix, Inc. (LTRX) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.04 per share a year ago.
Lantronix (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.
LTRX unveils a Drone Reference Platform built for Edge AI, aiming to be a core compute partner for defense, intelligence and industrial UAVs.
| Communications Equipment Industry | Information Technology Sector | Saleel Awsare CEO | NASDAQ (CM) Exchange | 516548203 CUSIP |
| US Country | 367 Employees | - Last Dividend | 21 Dec 2009 Last Split | 4 Aug 2000 IPO Date |
Lantronix, Inc., headquartered in Irvine, California, serves a global market including the Americas, Europe, the Middle East, Africa, and Asia Pacific Japan, offering innovative solutions tailored to video surveillance, infotainment systems, and intelligent substation infrastructure. Incorporated in 1989, Lantronix has carved out a niche in the growing Internet of Things (IoT) sector, leveraging its technological expertise to deliver advanced connectivity, power solutions, and software services. Their wide array of offerings is designed to enhance the utility and value of electronic systems and equipment, ensuring secure network connectivity, streamlined deployment, and efficient management across diverse deployments.