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Lantronix Q1 2024 Earnings Report

Lantronix logo
$3.64 +0.05 (+1.39%)
(As of 12/20/2024 05:40 PM ET)

Lantronix EPS Results

Actual EPS
-$0.05
Consensus EPS
-$0.05
Beat/Miss
Met Expectations
One Year Ago EPS
N/A

Lantronix Revenue Results

Actual Revenue
$33.03 million
Expected Revenue
$31.50 million
Beat/Miss
Beat by +$1.53 million
YoY Revenue Growth
N/A

Lantronix Announcement Details

Quarter
Q1 2024
Time
N/A

Conference Call Resources

Conference Call Audio

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Lantronix Earnings Headlines

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About Lantronix

Lantronix (NASDAQ:LTRX) 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 for distributed IoT deployments, and various other functions; Embedded IoT Modules, such as application processing delivering compute to meet customer needs for data transformation, computer vision, machine learning, augmented/virtual reality, audio/video aggregation and distribution, and custom applications; and Software and Engineering Services offers SaaS platform that enables customers to deploy, monitor, manage, and automate across their global deployments through a single platform login. It also offers telematics devices, which provides power efficient products designed to support communications across interfaces and industrial protocols for vehicle, fleet, and asset tracking and management; network switches, media converters, power over ethernet, NICS and optical SFPs, system on modules, and development kits; and services for mechanical, hardware, and software engineering for camera, audio, and artificial intelligence/machine learning development. In addition, the company provides console management, power management, and IP connected keyboard-video-mouse products that offers remote access to IT and networking infrastructure deployed in test labs, data centers, branch offices, remote sites, and server rooms; and hardware engineering, software engineering, and mechanical engineering, rapid prototyping and quality assurance engineering services. Lantronix, Inc. was incorporated in 1989 and is based in Irvine, California.

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