Lantronix, Inc. (LTRX)
| Market Cap | 218.37M |
| Revenue (ttm) | 132.43M |
| Net Income (ttm) | -9.21M |
| Shares Out | 37.27M |
| EPS (ttm) | -0.25 |
| PE Ratio | n/a |
| Forward PE | 9.03 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 64,085 |
| Open | 5.81 |
| Previous Close | 5.83 |
| Day's Range | 5.81 - 5.94 |
| 52-Week Range | 3.52 - 6.25 |
| Beta | 2.05 |
| Analysts | Strong Buy |
| Price Target | 9.63 (+64.33%) |
| Earnings Date | Feb 8, 2024 |
About LTRX
Lantronix, Inc. provides solutions for video surveillance, infotainment systems, and intelligent substations infrastructure in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan. The company's IoT products include IoT System Solutions, which provide wired and wireless connections that enhance the value and utility of modern electronic systems and equipment through secure network connectivity, power for IoT end devices through Power over Ethernet, application hosting, protocol conversion, media conversion, secure access fo... [Read more]
Financial Performance
In 2023, Lantronix's revenue was $131.19 million, an increase of 1.18% compared to the previous year's $129.66 million. Losses were -$8.98 million, 67.5% more than in 2022.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for LTRX stock is "Strong Buy." The 12-month stock price forecast is $9.63, which is an increase of 64.33% from the latest price.
News
Lantronix Appoints Saleel Awsare to Its Board of Directors
IRVINE, Calif., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intel...
Lantronix Reports Results for First Quarter of Fiscal 2024
IRVINE, Calif., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT market...
Lantronix to Report Fiscal 2024 First Quarter Results on November 8, 2023
IRVINE, Calif., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intel...
Lantronix Expands Automotive Solution Offerings With New Snapdragon Ride SX Development Platform
IRVINE, Calif., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT market...
Lantronix Announces the Passing of Chairman of the Board Paul Folino
IRVINE, Calif., Oct. 16, 2023 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT market...
Lantronix Reports Results for Fourth Quarter of Fiscal 2023
IRVINE, Calif., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT mark...
Lantronix to Report Fiscal 2023 Fourth Quarter Results on September 7, 2023
IRVINE, Calif., Aug. 24, 2023 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Inte...
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Looking for the best AI stocks to buy now? You might have to get in line — artificial intelligence is one of 2023's hottest market trends, and several companies in the industry have already seen massi...
Lantronix Announces 2023 SmartEdge Channel Partner Program Award Winners
Representing Lantronix's Global and Diverse Partner Ecosystem, SmartEdge Channel Partner Winners Deliver Lantronix Solutions to the World Representing Lantronix's Global and Diverse Partner Ecosystem,...
Lantronix Appoints Philip Brace to Its Board of Directors
IRVINE, Calif., Aug. 07, 2023 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intel...
Lantronix to Display Advanced Out-of-Band Software and Hardware Solutions at Cisco Live
A Cisco Preferred Solution Partner, Lantronix delivers powerful OOB solutions for datacenters and remote sites A Cisco Preferred Solution Partner, Lantronix delivers powerful OOB solutions for datacen...
Lantronix Announces CEO Transition and Continuity Plan
IRVINE, Calif., May 30, 2023 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT market,...
Lantronix to Report Fiscal 2023 Third Quarter Results on May 10, 2023
IRVINE, Calif., May 03, 2023 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intell...
Lantronix Named to the CRN 2023 Internet of Things 50 List, a Ranking of the Most Influential IoT Solution Providers
Lantronix ranked among the “10 Coolest IoT Hardware Companies,” which include Cisco, Dell Technologies, Hewlett Packard, Intel, Lenovo and Nvidia Lantronix ranked among the “10 Coolest IoT Hardware Co...
Lantronix Announces New X300 Compact Cellular IoT Gateway Solution, Ideal for Mission-Critical Applications
Monitor and manage globally distributed assets with Lantronix's X300 IoT Gateway Solution, which includes hardware, cloud-based device management, cellular connectivity, advanced security and tech sup...
Lantronix Introduces New Open-Q Family of SIP Modules That Deliver High-Performance for Mass Market Robotics and IoT Projects
Now available, the new Open-Q chipset modules use Qualcomm System-on-Chip products for a comprehensive, cost-effective solution for everyday robotics and IoT products Now available, the new Open-Q chi...
Lantronix Reports Results for Second Quarter of Fiscal 2023
IRVINE, Calif., Feb. 09, 2023 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT market...
Lantronix to Report Fiscal 2023 Second Quarter Results on Feb. 9, 2023
IRVINE, Calif., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intel...
Lantronix Expands Open-Q Family With New SIP Modules That Deliver Powerful Performance, Vivid Graphics, Dynamic Camera Capabilities and Broad Connectivity Options
Now available, the new Open-Q chipset modules use Qualcomm System-on-Chip devices with advanced heterogenous compute architectures Now available, the new Open-Q chipset modules use Qualcomm System-on-...
Lantronix Names Eric Bass as VP of Engineering
Industry Veteran Brings More Than 25 Years of Experience in Design and Engineering Industry Veteran Brings More Than 25 Years of Experience in Design and Engineering
Lantronix Announces Record $40 Million Contract With Gridspertise
Announces Preliminary Second Quarter Revenue and Updates Fiscal 2023 Revenue Guidance to Reflect Revised Delivery Schedule Announces Preliminary Second Quarter Revenue and Updates Fiscal 2023 Revenue ...
Lantronix Named Winner of 2023 IoT Breakthrough Awards
Received “IoT Innovation – Enterprise Solution of the Year” Award for Its 24-Port Managed Gigabit Ethernet PoE++ Switch Received “IoT Innovation – Enterprise Solution of the Year” Award for Its 24-Por...
Lantronix to Present at 25th Annual Needham Growth Conference on Jan. 11, 2023
IRVINE, Calif., Jan. 05, 2023 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT market...
Lantronix PoE++ Switch Helps Power Hotel Marcel Net-Zero Energy Hotel
Case Study: Lantronix contributes to hotel's ability to operate off the grid, reducing energy usage, costs and greenhouse gas emissions Case Study: Lantronix contributes to hotel's ability to operate ...
Lantronix Reports Results for First Quarter Fiscal 2023
IRVINE, Calif., Nov. 09, 2022 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for Intelligent IT and Internet of Things (IoT), today reported results f...