Lantronix, Inc. (LTRX)

NASDAQ: LTRX · Real-Time Price · USD
2.900
+0.160 (5.84%)
At close: Nov 20, 2024, 4:00 PM
2.820
-0.080 (-2.76%)
After-hours: Nov 20, 2024, 6:38 PM EST
5.84%
Market Cap 111.58M
Revenue (ttm) 161.72M
Net Income (ttm) -5.13M
Shares Out 38.48M
EPS (ttm) -0.14
PE Ratio n/a
Forward PE 8.38
Dividend n/a
Ex-Dividend Date n/a
Volume 469,663
Open 2.750
Previous Close 2.740
Day's Range 2.710 - 2.900
52-Week Range 2.490 - 6.950
Beta 2.14
Analysts Strong Buy
Price Target 6.50 (+124.14%)
Earnings Date Nov 7, 2024

About LTRX

Lantronix, Inc. develops, markets, and sells industrial and enterprise internet of things (IoT) products and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan. The company’s embedded IoT solutions provides embedded products, including compute system-on-module and system-in-package solutions that offers capabilities collect, analyze, and interpret digital information using specialized artificial intelligence/machine learning algorithms; and IoT compute products which provides application processing solutions f... [Read more]

Sector Technology
IPO Date Aug 4, 2000
Employees 373
Stock Exchange NASDAQ
Ticker Symbol LTRX
Full Company Profile

Financial Performance

In 2024, Lantronix's revenue was $160.33 million, an increase of 22.21% compared to the previous year's $131.19 million. Losses were -$4.52 million, -49.71% less than in 2023.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for LTRX stock is "Strong Buy." The 12-month stock price forecast is $6.5, which is an increase of 124.14% from the latest price.

Price Target
$6.5
(124.14% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Lantronix, Inc. (LTRX) Q1 2025 Earnings Conference Call Transcript

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 an...

11 days ago - Seeking Alpha

Lantronix Reports Results for First Quarter of Fiscal 2025

IRVINE, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity IoT solutions, today reported results for its first quarter of fiscal 2025.

13 days ago - GlobeNewsWire

Lantronix Accelerates IoT Leadership With Strategic Acquisition of DZS's NetComm Enterprise IoT Portfolio

IRVINE, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader in IoT compute and connectivity IoT solutions, today announced that it has signed a definitive agreemen...

13 days ago - GlobeNewsWire

Lantronix to Report Fiscal 2025 First Quarter Results on Nov. 7, 2024

IRVINE, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (NASDAQ: LTRX), a global leader of compute and connectivity IoT solutions, today announced it will release financial re...

20 days ago - GlobeNewsWire

Lantronix Unveils SmartLV, the First AI-Enabled IoT Edge Compute Cellular Gateway, Powered by Qualcomm

Transforming Low-Voltage Substations in Smart Grids and Industrial Applications With Unprecedented Real-Time Control, Visibility and Automation Transforming Low-Voltage Substations in Smart Grids and ...

5 weeks ago - GlobeNewsWire

Lantronix Announces Five New System-in-Package Solutions Powered by Qualcomm for AI/ML and Video Solutions at the Edge

The modules are ideal for developing products for smart city and enterprise use cases, including robotics, industrial automation, video surveillance and drones The modules are ideal for developing pro...

6 weeks ago - GlobeNewsWire

Lantronix Named Finalist in the Ranking of The Top 100 Software Companies of 2024

Lantronix Lauded for Its Percepxion Cloud IoT Edge Solutions Platform Lantronix Lauded for Its Percepxion Cloud IoT Edge Solutions Platform

7 weeks ago - GlobeNewsWire

Lantronix Announces CFO Departure and Transition Plan

IRVINE, Calif., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader in compute and connectivity IoT solutions, today announced the resignation of Chief Financial Officer ...

2 months ago - GlobeNewsWire

Nvidia, NetApp And 2 Other Stocks Executives Are Selling

The Nasdaq 100 closed higher by around 1% during Thursday's session. Investors, meanwhile, focused on some notable insider trades.

Other symbols: NTAPNVDAJHG
2 months ago - Benzinga

Lantronix, Inc (LTRX) Q4 2024 Earnings Call Transcript

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...

2 months ago - Seeking Alpha

Lantronix Reports Record Revenue for Fourth Quarter and Full Fiscal 2024

IRVINE, Calif., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity IoT solutions, today reported results for its fourth quarter of fiscal 202...

2 months ago - GlobeNewsWire

Lantronix Announces 2024 SmartEdge Channel Partner Program Award Winners

Representing Lantronix's Global and Diverse Partner Ecosystem, SmartEdge Winners Deliver Lantronix's Award-Winning Solutions to the World Representing Lantronix's Global and Diverse Partner Ecosystem,...

2 months ago - GlobeNewsWire

Beaten Down Lantronix Offers An Interesting Contrarian Value Play

Lantronix is a small tech company trading at a low price/book ratio and profitable, offering a good value proposition. The company faces risks such as chip shortages, outsourcing manufacturing, and li...

3 months ago - Seeking Alpha

Lantronix Inc. Wins 2024 IoT Evolution Product of the Year Award From IoT Evolution World Magazine

Lantronix's Percepxion Cloud Software Platform Honored as One of the Most Innovative IoT Products Lantronix's Percepxion Cloud Software Platform Honored as One of the Most Innovative IoT Products

3 months ago - GlobeNewsWire

Lantronix Announces CEO and CFO Featured at Canaccord Genuity's 44th Annual Growth Conference on Aug. 14, 2024

IRVINE, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader in compute and connectivity IoT solutions, today announced its participation in the 44th Annual Growth ...

4 months ago - GlobeNewsWire

Lantronix Inc. Wins 2024 IoT Evolution Business Impact Award From IoT Evolution Magazine

Award based on Lantronix E210 Router and its HY-LINE Digital Signage Case Study showcasing IoT solutions for global deployment Award based on Lantronix E210 Router and its HY-LINE Digital Signage Case...

4 months ago - GlobeNewsWire

Lantronix Launches New EDS5000 Series Device Server

Remotely connect and manage serial devices faster, more securely and with more options to suit the environment Remotely connect and manage serial devices faster, more securely and with more options to...

5 months ago - GlobeNewsWire

Lantronix to Demo Percepxion Edge AI Solution Prototype at Qualcomm AI Workshop on June 25, 2024

Lantronix will preview Percepxion's seamless integration with the Qualcomm AI Hub Lantronix will preview Percepxion's seamless integration with the Qualcomm AI Hub

5 months ago - GlobeNewsWire

Lantronix to Participate in ROTH 10ᵗʰ Annual London Conference Held June 26–27, 2024

IRVINE, Calif., June 20, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity IoT solutions, today announced that Lantronix CEO Saleel Awsare will partic...

5 months ago - GlobeNewsWire

Lantronix Wins 2024 IoT Evolution Asset Tracking Award for FOX3 Telematic Gateway

IRVINE, Calif., June 13, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader in compute and connectivity IoT solutions, today announced that it has won a 2024 IoT Evolution Asset T...

5 months ago - GlobeNewsWire

Lantronix IoT Solution Enables Digital Retail Shelf Signage Solution for HY-LINE Group

Lantronix IoT Solution Enables Digital Retail Shelf Signage Solution for HY-LINE Group - Digital Signage for Customer Engagement and Buying Behaviors

6 months ago - GlobeNewsWire

Lantronix to Display New Cloud Software Platform and Telematic Trackers at IoT Solutions World Congress

IRVINE, Calif., May 16, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader in compute and connectivity IoT solutions, today announced that its innovative Percepxion® Cloud Softwar...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

Lantronix, Inc. (LTRX) Q3 2024 Earnings Call Transcript

Lantronix, Inc. (NASDAQ:LTRX) Q3 2024 Earnings Conference Call April 29, 2024 5:00 PM ET Company Participants Jeremy Whitaker - Chief Financial Officer Saleel Awsare - President & Chief Executive Off...

7 months ago - Seeking Alpha

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...

7 months ago - GlobeNewsWire