Lantronix, Inc. (LTRX)

NASDAQ: LTRX · IEX Real-Time Price · USD
3.150
+0.040 (1.29%)
At close: Apr 18, 2024, 4:00 PM
3.300
+0.150 (4.76%)
After-hours: Apr 18, 2024, 6:18 PM EDT
1.29%
Market Cap 118.05M
Revenue (ttm) 137.96M
Net Income (ttm) -9.20M
Shares Out 37.48M
EPS (ttm) -0.25
PE Ratio n/a
Forward PE 6.54
Dividend n/a
Ex-Dividend Date n/a
Volume 134,237
Open 3.120
Previous Close 3.110
Day's Range 3.080 - 3.160
52-Week Range 3.080 - 6.950
Beta 2.10
Analysts Strong Buy
Price Target 8.50 (+169.84%)
Earnings Date May 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]

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 4 analysts, the average rating for LTRX stock is "Strong Buy." The 12-month stock price forecast is $8.5, which is an increase of 169.84% from the latest price.

Price Target
$8.5
(169.84% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

4 hours 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...

11 hours ago - Accesswire

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

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...

11 hours 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...

11 hours ago - PRNewsWire

Lantronix, Inc. Sued for Securities Law Violations - 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...

17 hours ago - Accesswire

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

LOS ANGELES, CA / ACCESSWIRE / April 18, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Lantronix, Inc. ("Lantronix" or ...

18 hours ago - Accesswire

Lantronix Case Study focuses on Reliable and Secure Support Provided to Financial Services Industry by its Out-of-Band Solutions

IRVINE, Calif., April 18, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of compute and connectivity IoT solutions announced that it published today its case study focusing ...

19 hours ago - GlobeNewsWire

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

22 hours ago - Accesswire

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

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...

1 day 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 17, 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...

1 day 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, NY / ACCESSWIRE / April 17, 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...

1 day ago - Accesswire

Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of April 23, 2024 in Lantronix, Inc. Lawsuit - LTRX

NEW YORK, NY / ACCESSWIRE / April 17, 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...

1 day ago - Accesswire

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

NEW YORK , April 17, 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...

1 day ago - PRNewsWire

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

NEW YORK, NY / ACCESSWIRE / April 17, 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...

2 days ago - Accesswire

Class Action Filed Against Lantronix, Inc. (LTRX) Seeking Recovery for Investors - Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / April 16, 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...

2 days ago - Accesswire

Shareholders that lost money on Lantronix, Inc.(LTRX) Urged to Join Class Action - Contact The Gross Law Firm to Learn More

NEW YORK , April 16, 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...

2 days ago - PRNewsWire

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

NEW YORK, NY / ACCESSWIRE / April 16, 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...

2 days ago - Accesswire

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

NEW YORK, NY / ACCESSWIRE / April 15, 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...

3 days ago - Accesswire

Shareholders that Lost Money on Lantronix, Inc.(LTRX) Should Contact Levi & Korsinsky About Pending Class Action - LTRX

NEW YORK, NY / ACCESSWIRE / April 15, 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...

3 days ago - Accesswire

Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Lantronix, Inc.(LTRX) Shareholders

NEW YORK, NY / ACCESSWIRE / April 14, 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...

4 days ago - Accesswire

ROSEN, LEADING TRIAL ATTORNEYS, Encourages Lantronix, Inc. Investors to Secure Counsel Before Important April 23 Deadline in Securities Class Action - LTRX

NEW YORK , April 14, 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...

4 days ago - PRNewsWire

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 14, 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...

4 days ago - Accesswire

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

NEW YORK, NY / ACCESSWIRE / April 13, 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...

5 days ago - Accesswire

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

LOS ANGELES, CA / ACCESSWIRE / April 13, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Lantronix, Inc. ("Lantronix" or ...

5 days ago - Accesswire

INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Lantronix

NEW YORK , April 13, 2024 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Lantronix, Inc. ("Lantronix" or the "Company") (NASDAQ...

5 days ago - PRNewsWire