Lantronix's Open-Q 8250CS SOM is used by GWACS along with Qualcomm QCS8250 SoC to develop its military-grade gunshot detection system for commercial purposes.
Lantronix focuses on high-growth industries like Smart Cities and Automotive, providing customizable IoT solutions and benefiting from edge AI computing through a partnership with Qualcomm. The acquisition of NetComm's IoT product line enhances Lantronix's 5G offerings, expands its geographic reach, and is expected to be immediately accretive to EPS. Lantronix is streamlining its product portfolio and consolidating global sites to improve efficiency, aiming to reduce operating expenses by $4.5M in FY25.
LTRX announces the completion of its acquisition of NetComm, boosting 5G capabilities, expanding markets and enhancing enterprise IoT solutions globally.
Lantronix, Inc. (NASDAQ:LTRX ) Q1 2025 Earnings Conference Call November 7, 2024 6:30 PM ET Company Participants Brent Stringham - Chief Accounting Officer and Interim CFO Saleel Awsare - President and CEO Conference Call Participants Tyler Burmeister - Craig-Hallum Capital Ryan Koontz - Needham Operator Good evening, and welcome to the Lantronix First Quarter Fiscal 2025 Results Conference Call. All participants will be in listen-only mode.
Lantronix, Inc. (LTRX) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.07 per share a year ago.
Lantronix's SmartLV Gateway, powered by QCOM, will address the energy sector's most pressing challenges.
LTRX unveils next-generation System-in-Package solutions driven by Qualcomm Technologies that bring AI and ML capabilities to the edge.
LTRX records a 41% top-line expansion year over year in Q4, driven by robust sales in IoT System Solutions amid weakness in the Embedded IoT Solutions segment.
Lantronix, Inc (NASDAQ:LTRX ) Q4 2024 Earnings Conference Call September 5, 2024 5:00 PM ET Company Participants Jeremy Whitaker – Chief Financial Officer Saleel Awsare – President and Chief Executive Officer Conference Call Participants Scott Searle – ROTH Capital Jaeson Schmidt – Lake Street George Gianarikas – Canaccord Ryan Koontz – Needham & Co Operator Good day, and welcome to the Lantronix Fourth Quarter 2024 Results Conference Call. All participants will be in listen-only mode.
Lantronix, Inc. (LTRX) came out with quarterly earnings of $0.15 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.06 per share a year ago.
LTRX Q4 fiscal 2024 performance is likely to have gained from the uptake of its solutions across its Smart Cities, Automotive and Enterprise business verticals.
Lantronix (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.