Lantronix, Inc. (LTRX)

NASDAQ: LTRX · IEX Real-Time Price · USD
4.03
+0.11 (2.81%)
At close: Mar 20, 2023, 4:00 PM
3.85
-0.18 (-4.47%)
After-hours: Mar 20, 2023, 7:41 PM EDT
2.81%
Market Cap 151.69M
Revenue (ttm) 131.57M
Net Income (ttm) -4.95M
Shares Out 37.64M
EPS (ttm) -0.12
PE Ratio n/a
Forward PE 10.44
Dividend n/a
Ex-Dividend Date n/a
Volume 912,364
Open 4.03
Previous Close 3.92
Day's Range 3.80 - 4.11
52-Week Range 3.79 - 7.94
Beta 2.29
Analysts Buy
Price Target 10.10 (+150.62%)
Earnings Date May 3, 2023

About LTRX

Lantronix, Inc. provides software as a service (SaaS), engineering services, and hardware for edge computing, the Internet of Things (IoT), and remote environment management (REM) in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan. The company's IoT products include IoT Connectivity, 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, pro... [Read more]

Sector Technology
IPO Date Aug 4, 2000
Employees 335
Stock Exchange NASDAQ
Ticker Symbol LTRX
Full Company Profile

Financial Performance

In 2022, Lantronix's revenue was $129.66 million, an increase of 81.39% compared to the previous year's $71.48 million. Losses were -$5.36 million, 32.6% more than in 2021.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for LTRX stock is "Buy." The 12-month stock price forecast is $10.1, which is an increase of 150.62% from the latest price.

Price Target
$10.1
(150.62% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Lantronix Introduces New Open-Q Family of SIP Modules That Deliver High-Performance for Mass Market Robotics and IoT Projects

Now available, the new Open-Q chipset modules use Qualcomm System-on-Chip products for a comprehensive, cost-effective solution for everyday robotics and IoT products Now available, the new Open-Q chi...

1 week ago - GlobeNewsWire

Steer Clear Of These 4 Toxic Stocks to Avoid Losses

Correctly spotting overpriced stocks and shunning them at the right time may avoid portfolio bleeding. ILMN, LTRX, BSY and CDMO are a few such toxic stocks.

Other symbols: BSYCDMOILMN
1 week ago - Zacks Investment Research

Lantronix, Inc. (LTRX) Beats Q2 Earnings Estimates

Lantronix, Inc. (LTRX) delivered earnings and revenue surprises of 300% and 0.30%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Lantronix Reports Results for Second Quarter of Fiscal 2023

IRVINE, Calif., Feb. 09, 2023 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT market...

1 month ago - GlobeNewsWire

Analysts Estimate Lantronix, Inc. (LTRX) to Report a Decline in Earnings: What to Look Out for

Lantronix, Inc. (LTRX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Lantronix to Report Fiscal 2023 Second Quarter Results on Feb. 9, 2023

IRVINE, Calif., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intel...

1 month ago - GlobeNewsWire

Lantronix Expands Open-Q Family With New SIP Modules That Deliver Powerful Performance, Vivid Graphics, Dynamic Camera Capabilities and Broad Connectivity Options

Now available, the new Open-Q chipset modules use Qualcomm System-on-Chip devices with advanced heterogenous compute architectures Now available, the new Open-Q chipset modules use Qualcomm System-on-...

1 month ago - GlobeNewsWire

Lantronix Names Eric Bass as VP of Engineering

Industry Veteran Brings More Than 25 Years of Experience in Design and Engineering Industry Veteran Brings More Than 25 Years of Experience in Design and Engineering

1 month ago - GlobeNewsWire

Lantronix Announces Record $40 Million Contract With Gridspertise

Announces Preliminary Second Quarter Revenue and Updates Fiscal 2023 Revenue Guidance to Reflect Revised Delivery Schedule Announces Preliminary Second Quarter Revenue and Updates Fiscal 2023 Revenue ...

1 month ago - GlobeNewsWire

Lantronix Named Winner of 2023 IoT Breakthrough Awards

Received “IoT Innovation – Enterprise Solution of the Year” Award for Its 24-Port Managed Gigabit Ethernet PoE++ Switch Received “IoT Innovation – Enterprise Solution of the Year” Award for Its 24-Por...

2 months ago - GlobeNewsWire

7 Artificial Intelligence Stocks Under $10 for Your 2023 Watch List

There is no denying that Artificial Intelligence (AI) will have a monumental impact on our lives in the upcoming decades. AI has the potential to completely revolutionize how we live and work, allowin...

2 months ago - InvestorPlace

Lantronix to Present at 25th Annual Needham Growth Conference on Jan. 11, 2023

IRVINE, Calif., Jan. 05, 2023 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT market...

2 months ago - GlobeNewsWire

Lantronix PoE++ Switch Helps Power Hotel Marcel Net-Zero Energy Hotel

Case Study: Lantronix contributes to hotel's ability to operate off the grid, reducing energy usage, costs and greenhouse gas emissions Case Study: Lantronix contributes to hotel's ability to operate ...

4 months ago - GlobeNewsWire

Lantronix, Inc. (LTRX) Beats Q1 Earnings Estimates

Lantronix, Inc. (LTRX) delivered earnings and revenue surprises of 75% and 2.17%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Lantronix Reports Results for First Quarter Fiscal 2023

IRVINE, Calif., Nov. 09, 2022 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for Intelligent IT and Internet of Things (IoT), today reported results f...

4 months ago - GlobeNewsWire

Lantronix to Report Fiscal 2023 First Quarter Results on November 9, 2022

IRVINE, Calif., Nov. 02, 2022 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Internet of Things (IoT) and Remote Environment M...

4 months ago - GlobeNewsWire

Lantronix Expands Network Switch Offering With New Managed Layer 2 Hardened Gigabit Ethernet PoE++ Switch With Cloud-Based Management

Small footprint and hardened temperature rating plus cloud-based management makes this new PoE++ switch ideal for IoT and IP devices throughout smart buildings or in rugged environments Small footprin...

5 months ago - GlobeNewsWire

Lantronix Announces Acquisition of Uplogix

IRVINE, Calif., Sept. 12, 2022 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for Intelligent IT and Internet of Things (IoT), today announced its acq...

6 months ago - GlobeNewsWire

Lantronix's New 24-Port Managed Gigabit Ethernet PoE++ Switch Enhances Its Network Switching Portfolio

Ideal for intelligent LED lighting and smart building IoT applications, the new high-performance switch powers more applications from a single device Ideal for intelligent LED lighting and smart build...

7 months ago - GlobeNewsWire

Lantronix Announces 2022 SmartEdge Channel Partner Program Award Winners

SmartEdge Channel Partner Winners Represent Lantronix's Global and Diverse Partner Ecosystem SmartEdge Channel Partner Winners Represent Lantronix's Global and Diverse Partner Ecosystem

7 months ago - GlobeNewsWire

Lantronix Reports Record Results for Fourth Quarter and Fiscal 2022

IRVINE, Calif., Aug. 25, 2022 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for Intelligent IT and Internet of Things (IoT), today reported record re...

7 months ago - GlobeNewsWire

Lantronix Reschedules Fourth Quarter and Fiscal 2022 Results to August 25, 2022

IRVINE, Calif., Aug. 18, 2022 (GLOBE NEWSWIRE) -- Lantronix, Inc. (the “Company”) (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Internet of Things (IoT) and Remote Environment ...

7 months ago - GlobeNewsWire

Lantronix Announces Preliminary Record Revenue Results for Fourth Quarter 2022, and Participation at the CG 42nd Annual Growth Conference August 11, 2022

IRVINE, Calif., July 28, 2022 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (Nasdaq: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intel...

8 months ago - GlobeNewsWire

Lantronix, Inc. (LTRX) Stock Jumps 9.6%: Will It Continue to Soar?

Lantronix, Inc. (LTRX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down...

8 months ago - Zacks Investment Research

Lantronix to Display Open-Q 5165RB SOM in the Qualcomm Technologies Booth at Embedded World 2022

Showcasing the power and versatility of its developer-friendly Open-Q SOM solutions, Lantronix will demonstrate powerful AI-at-the-Edge applications Showcasing the power and versatility of its develop...

9 months ago - GlobeNewsWire