Lantronix, Inc. (LTRX)

NASDAQ: LTRX · IEX Real-Time Price · USD
3.780
+0.020 (0.53%)
At close: May 14, 2024, 4:00 PM
3.930
+0.150 (3.97%)
After-hours: May 14, 2024, 7:35 PM EDT
0.53%
Market Cap 142.05M
Revenue (ttm) 146.18M
Net Income (ttm) -6.56M
Shares Out 37.58M
EPS (ttm) -0.18
PE Ratio n/a
Forward PE 7.70
Dividend n/a
Ex-Dividend Date n/a
Volume 242,375
Open 3.760
Previous Close 3.760
Day's Range 3.760 - 3.920
52-Week Range 3.080 - 6.950
Beta 2.05
Analysts Strong Buy
Price Target 7.83 (+107.14%)
Earnings Date Apr 29, 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]

Sector Technology
IPO Date Aug 4, 2000
Employees 357
Stock Exchange NASDAQ
Ticker Symbol LTRX
Full Company Profile

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 Statements

Analyst Forecast

According to 6 analysts, the average rating for LTRX stock is "Strong Buy." The 12-month stock price forecast is $7.83, which is an increase of 107.14% from the latest price.

Price Target
$7.83
(107.14% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Lantronix Inc. Appoints Mathi Gurusamy as Chief Strategy Officer to Drive Strategic Growth and Build Market Leadership

IRVINE, Calif., May 13, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of compute and connectivity IoT solutions, today announced the appointment of Mathi Gurusamy as its ch...

1 day ago - GlobeNewsWire

Lantronix Reports Record Revenue for Third Quarter of Fiscal 2024

Third Quarter Net Revenue of $41.2 Million, up 11 Percent Sequentially and up 25 Percent Year-Over-Year Third Quarter GAAP EPS of ($0.01) vs. ($0.08) in the Prior Year Third Quarter Non-GAAP EPS of $0...

15 days ago - GlobeNewsWire

Lantronix to Report Fiscal 2024 Third Quarter Results on April 29, 2024

IRVINE, Calif., April 25, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc.  (the “Company”) (NASDAQ: LTRX), a global provider of compute and connectivity IoT solutions, today announced it will release financia...

19 days ago - GlobeNewsWire

Levi & Korsinsky Notifies Shareholders of Lantronix, Inc.(LTRX) of a Class Action Lawsuit and an Upcoming Deadline

NEW YORK, NY / ACCESSWIRE / April 23, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

21 days ago - Accesswire

FINAL DEADLINE TOMORROW: The Schall Law Firm Encourages Investors in Lantronix, Inc. with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / April 23, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Lantronix, Inc. ("Lantronix" or ...

21 days ago - Accesswire

LTRX DEADLINE TODAY: ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Lantronix, Inc. Investors to Secure Counsel Before Important April 23 Deadline in Securities Class Action – LTRX

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Lantronix, Inc. (NASDAQ: LTRX) between May 11, 2023 and February 8, 2024, both da...

21 days ago - Business Wire

Shareholders of Lantronix, Inc. Should Contact Levi & Korsinsky Before April 23, 2024 to Discuss Your Rights - LTRX

NEW YORK, NY / ACCESSWIRE / April 23, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

21 days ago - Accesswire

Lost Money on Lantronix, Inc.(LTRX)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / April 23, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

21 days ago - Accesswire

Lantronix to Participate in the 21st Annual Craig-Hallum Institutional Investor Conference on May 29, 2024

IRVINE, Calif., April 23, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of compute and connectivity IoT solutions, today announced that Lantronix CEO Saleel Awsare and CFO ...

21 days ago - GlobeNewsWire

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Lantronix, Inc. (LTRX)

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming April 23, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investor...

22 days ago - Business Wire

Shareholders that lost money on Lantronix, Inc.(LTRX) should contact Levi & Korsinsky about pending Class Action - LTRX

NEW YORK, NY / ACCESSWIRE / April 22, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

22 days ago - Accesswire

LTRX DEADLINE TOMORROW: ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Lantronix, Inc. Investors to Secure Counsel Before Important April 23 Deadline in Securities Class Action - LTRX

NEW YORK , April 22, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Lantronix, Inc. (NASDAQ: LTRX) between May 11, 2023 and February 8...

22 days ago - PRNewsWire

Levi & Korsinsky Notifies Lantronix, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - LTRX

NEW YORK, NY / ACCESSWIRE / April 22, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

22 days ago - Accesswire

Investors who lost money on Lantronix, Inc.(LTRX) should contact Levi & Korsinsky about pending Class Action - LTRX

NEW YORK, NY / ACCESSWIRE / April 22, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

22 days ago - Accesswire

Lantronix, Inc. Class Action: Levi & Korsinsky Reminds Lantronix, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 23, 2024 - LTRX

NEW YORK , April 22, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Lantronix, Inc. ("Lantronix, Inc." or the "Company") (NASDAQ: LTRX) of a class action securities lawsuit. CLASS DE...

22 days ago - PRNewsWire

Contact Levi & Korsinsky by April 23, 2024 Deadline to Join Class Action Against Lantronix, Inc. (LTRX)

NEW YORK, NY / ACCESSWIRE / April 22, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

22 days ago - Accesswire

Shareholders that lost money on Lantronix, Inc.(LTRX) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More

NEW YORK, NY / ACCESSWIRE / April 21, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

23 days ago - Accesswire

Lantronix, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before April 23, 2024 to Discuss Your Rights - LTRX

NEW YORK, NY / ACCESSWIRE / April 21, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

23 days ago - Accesswire

FINAL DEADLINE MONDAY: The Schall Law Firm Encourages Investors in Lantronix, Inc. with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / April 21, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Lantronix, Inc. ("Lantronix" or ...

23 days ago - Accesswire

Lantronix, Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky for More Information - LTRX

NEW YORK, NY / ACCESSWIRE / April 20, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

24 days ago - Accesswire

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Lantronix, Inc. of Class Action Lawsuit and Upcoming Deadlines - LTRX

NEW YORK , April 20, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Lantronix, Inc. ("Lantronix" or the "Company") (NASDAQ: LTRX) and certain officers....

24 days ago - PRNewsWire

Lantronix, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - LTRX

NEW YORK , April 19, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Lantronix, Inc. (NASDAQ: LTRX). Shareholders who purchased shares of LTRX during the class p...

25 days ago - PRNewsWire

Lantronix, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before April 23, 2024 to Discuss Your Rights – LTRX

NEW YORK, NY / ACCESSWIRE / April 18, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

26 days ago - Accesswire

Investors in Lantronix, Inc. Should Contact Levi & Korsinsky Before April 23, 2024 to Discuss Your Rights - LTRX

NEW YORK, NY / ACCESSWIRE / April 18, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

26 days ago - Accesswire

LTRX Investors Have Opportunity to Lead Lantronix, Inc. Securities Fraud Lawsuit

LOS ANGELES , April 18, 2024 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit agains...

26 days ago - PRNewsWire