Lantronix, Inc. (LTRX)

NASDAQ: LTRX · Real-Time Price · USD
2.035
-0.015 (-0.73%)
At close: Apr 15, 2025, 4:00 PM
2.130
+0.095 (4.67%)
After-hours: Apr 15, 2025, 6:09 PM EDT
-0.73%
Market Cap 78.94M
Revenue (ttm) 155.84M
Net Income (ttm) -4.91M
Shares Out 38.79M
EPS (ttm) -0.13
PE Ratio n/a
Forward PE 8.87
Dividend n/a
Ex-Dividend Date n/a
Volume 190,514
Open 2.060
Previous Close 2.050
Day's Range 2.000 - 2.085
52-Week Range 1.910 - 4.550
Beta 1.82
Analysts Strong Buy
Price Target 5.83 (+186.49%)
Earnings Date Apr 28, 2025

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 6 analysts, the average rating for LTRX stock is "Strong Buy." The 12-month stock price forecast is $5.83, which is an increase of 186.49% from the latest price.

Price Target
$5.83
(186.49% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Lantronix Ranks 8th on Orange County Business Journal's List of Fastest-Growing Midsize Public Companies

IRVINE, Calif., April 09, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling Edge AI Intelligence, today announced it has be...

6 days ago - GlobeNewsWire

Lantronix Named to CRN 2025 Internet of Things 50 List

IRVINE, Calif., April 02, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling Edge AI Intelligence, today announced it has be...

13 days ago - GlobeNewsWire

Lantronix Names Tech Industry Veteran Todd Rychecky General Manager and Head of Out-of-Band Management Business

IRVINE, Calif., April 01, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling Edge AI Intelligence, today announced the appoi...

14 days ago - GlobeNewsWire

Lantronix Launches New Open-Q 8550CS System-On-Module Designed to Meet the Needs of Edge AI Computing

Production-ready SOM simplifies development and speeds time-to-market of innovative industrial Edge AI devices Production-ready SOM simplifies development and speeds time-to-market of innovative indus...

19 days ago - GlobeNewsWire

Lantronix Expands Partnership With TD SYNNEX to Distribute Its Out-of-Band, Network Infrastructure and Industrial IoT Solutions Throughout Europe

IRVINE, Calif., March 19, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling AI Edge Intelligence, today announced it has ex...

27 days ago - GlobeNewsWire

Lantronix to Showcase Embedded Compute, Industrial IoT and Out-of-Band Solutions at Embedded Tech India Expo

IRVINE, Calif., March 12, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling Edge Intelligence, today announced that it will...

4 weeks ago - GlobeNewsWire

Lantronix to Demonstrate SmartLV, the First AI-Enabled IoT Edge Compute Cellular Gateway, in the Qualcomm Booth at Embedded World in Nuremberg

IRVINE, Calif., March 06, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling Edge Intelligence, today announced that it will...

5 weeks ago - GlobeNewsWire

Lantronix to Participate in 37th Annual ROTH Conference

CEO Saleel Aware will participate in the “Edge Compute & AI” panel as well as participate in one-on-one meetings CEO Saleel Aware will participate in the “Edge Compute & AI” panel as well as participa...

5 weeks ago - GlobeNewsWire

Lantronix Selects Redtree Solutions Ltd to Serve as a Manufacturer's Rep for Its Open-Q Family of Embedded Compute Solutions in EMEA

IRVINE, Calif., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling AI Edge Intelligence, today announced a strategi...

6 weeks ago - GlobeNewsWire

Lantronix PoE++ Switches Help Power the World's Largest DC-Powered Warehouse

Case Study: Mouser Electronics' New 413,000-square-foot warehouse reduces energy usage costs, minimizes carbon footprint Case Study: Mouser Electronics' New 413,000-square-foot warehouse reduces energ...

7 weeks ago - GlobeNewsWire

Lantronix, Inc. (LTRX) Q2 2025 Earnings Call Transcript

Lantronix, Inc. (NASDAQ:LTRX) Q2 2025 Earnings Conference Call February 6, 2025 4:30 PM ET Company Participants Brent Stringham - Chief Financial Officer Saleel Awsare - Chief Executive Officer Confe...

2 months ago - Seeking Alpha

Lantronix Reports Results for Second Quarter of Fiscal 2025

IRVINE, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for the Internet of Things (IoT) solutions enabling Artificial Intelligence...

2 months ago - GlobeNewsWire

Lantronix Announces Departure of Board Member Philip Brace, Who Is Joining Skyworks Solutions Inc. as CEO

IRVINE, Calif., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling AI Edge Intelligence, today anno...

2 months ago - GlobeNewsWire

Lantronix to Report Fiscal 2025 Second Quarter Results on Feb. 6, 2025

IRVINE, Calif., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling AI Edge Intelligence, today anno...

2 months ago - GlobeNewsWire

Lantronix CEO Saleel Awsare Named to Forbes Technology Council

IRVINE, Calif., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader in IoT compute and connectivity IoT solutions, today announced the appointment of its president and CEO...

2 months ago - GlobeNewsWire

Lantronix Enables Development of a Powerful Military-Grade Gunshot Detection System at the Edge

Case Study: Lantronix's Open-Q SOM, powered by Qualcomm SoC, utilized to integrate advanced acoustic technology into an innovative public safety solution Case Study: Lantronix's Open-Q SOM, powered by...

3 months ago - GlobeNewsWire

We See Further Recovery For Lantronix

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 acquis...

3 months ago - Seeking Alpha

Lantronix Closes Strategic Acquisition of DZS's NetComm Enterprise IoT Portfolio

IRVINE, Calif., Dec. 26, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader in IoT compute and connectivity IoT solutions, today announced that it has finalized its acquisition of...

3 months ago - GlobeNewsWire

Lantronix to Present at the 27th Annual Needham Growth Conference on Jan. 14–15, 2025

IRVINE, Calif., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader in IoT compute and connectivity IoT solutions, today announced that Saleel Awsare, CEO and Brent String...

4 months ago - GlobeNewsWire

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...

5 months 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.

5 months 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...

5 months 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...

5 months 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 ...

6 months 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 months ago - GlobeNewsWire