Lantronix, Inc. (LTRX)

NASDAQ: LTRX · IEX Real-Time Price · USD
7.60
+0.02 (0.26%)
At close: Aug 15, 2022 4:00 PM
7.61
+0.01 (0.13%)
After-hours: Aug 15, 2022 4:10 PM EDT
0.26%
Market Cap 264.46M
Revenue (ttm) 114.35M
Net Income (ttm) -8.96M
Shares Out 34.80M
EPS (ttm) -0.29
PE Ratio n/a
Forward PE 14.58
Dividend n/a
Ex-Dividend Date n/a
Volume 109,517
Open 7.57
Previous Close 7.58
Day's Range 7.40 - 7.69
52-Week Range 4.55 - 10.25
Beta 2.27
Analysts Buy
Price Target 12.65 (+66.4%)
Earnings Date Aug 18, 2022

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...]

Industry Communications Equipment
IPO Date Aug 4, 2000
Employees 299
Stock Exchange NASDAQ
Ticker Symbol LTRX
Full Company Profile

Financial Performance

In 2021, Lantronix's revenue was $71.48 million, an increase of 19.37% compared to the previous year's $59.88 million. Losses were -$4.04 million, -62.34% less than in 2020.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for LTRX stock is "Buy." The 12-month stock price forecast is 12.65, which is an increase of 66.45% from the latest price.

Price Target
$12.65
(66.45% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Lantronix Announces Preliminary Record Revenue Results for Fourth Quarter 2022, and Participation at the CG 42nd Annu...

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 Intelli...

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 t...

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 developer...

Lantronix to Display Out-of-Band Software and Hardware Solutions at Cisco Live

Designed for data centers, branch offices and unmanned remote sites, Lantronix's OOBM solutions provide end-to-end network resilience Designed for data centers, branch offices and unmanned remote sites,...

Lantronix to Display Open-Q SOMs and MicroSOMs at HANNOVER MESSE

Showcasing the power and versatility of its Open-Q SOM solutions, Lantronix will demo Youbiquo's Augmented Reality Smart Glasses Showcasing the power and versatility of its Open-Q SOM solutions, Lantron...

Lantronix, Inc. (LTRX) Q3 Earnings and Revenues Beat Estimates

Lantronix, Inc. (LTRX) delivered earnings and revenue surprises of 33.33% and 5.63%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Lantronix Named Among CRN's 10 Coolest IoT Hardware Companies in 2022 Internet of Things 50

Annual program showcases 10 companies with innovations in hardware to enable artificial intelligence, 5G and other IoT capabilities Annual program showcases 10 companies with innovations in hardware to ...

Lantronix xPico 200 Series Wi-Fi IoT Gateways Achieve WPA3 Enterprise and Personal Certification

New features simplify and strengthen Wi-Fi security, enable more robust authentication and deliver increased cryptographic strength for highly sensitive data New features simplify and strengthen Wi-Fi s...

Lantronix to Showcase ConsoleFlow Centralized Device Management Platform Integrated With Its Smart City Deployed PoE ...

ConsoleFlow increases operational efficiency by delivering secure remote communications to Lantronix PoE network switches and IoT gateways via a single pane of glass ConsoleFlow increases operational ef...

7 Artificial Intelligence Stocks Under $10 for Your Watch List

These cheap AI stocks are trading at under $10 and could potentially provide multi-bagger returns in the coming years The post 7 Artificial Intelligence Stocks Under $10 for Your Watch List appeared fir...

Lantronix Expands Its Ethernet Switch APL Designation With New Georgia Department of Transportation Approval

Smart Managed Industrial Hardened Gigabit Ethernet Switch approved for sale and installation in Georgia Transportation System projects Smart Managed Industrial Hardened Gigabit Ethernet Switch approved ...

Lantronix to Participate at the 34th Annual Roth Conference March 13–15, 2022

IRVINE, Calif., March 08, 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 Intell...

Lantronix, Taoglas and Thales Collaborate to Deliver 5G IoT Solutions to Connect Data-Dependent Industries

On display at Mobile World Congress, the Lantronix G520 Series Smart Cellular IoT Devices for Industrial 4.0, Security and Transport industries feature Taoglas antennas and Thales cellular 5G connectivi...

Lantronix FOX3 Telematics Gateway Powers SATLOG Fleet Management System, Increasing Efficiency and Cutting Costs

Case Study: Lantronix FOX3 Series Telematics Gateway Case Study: Lantronix FOX3 Series Telematics Gateway

Lantronix, Inc. (LTRX) Q2 Earnings and Revenues Top Estimates

Lantronix, Inc. (LTRX) delivered earnings and revenue surprises of 25% and 11.90%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Lantronix Reports Record Results for Second Quarter of Fiscal 2022

IRVINE, Calif., Feb. 10, 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 fo...

Lantronix, Inc. (LTRX) Earnings Expected to Grow: Should You Buy?

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.

Lantronix Launches Application-Specific Industrial IoT Solutions Based on Its New G520 Series Cellular Gateways

Solutions target three verticals: Industry 4.0, Security and Transport Solutions target three verticals: Industry 4.0, Security and Transport

Lantronix to Report Fiscal 2022 Second Quarter Results on Feb. 10, 2022

IRVINE, Calif., Jan. 27, 2022 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (NASDAQ: LTRX), a global provider of secure turnkey solutions for intelligent IT and Internet of Things (IoT), today anno...

Lantronix Brings Innovative IoT, Lighting and Connectivity Solutions to the BICSI 2022 Winter Conference & Exhibition

Lantronix Showcases IoT, Lighting and Connectivity Solutions for Smart Cities, Intelligent Buildings, Federal and Local Government and Data Centers Lantronix Showcases IoT, Lighting and Connectivity Sol...

Lantronix Expands its Ethernet Switch APL Designation With New Florida Department of Transportation Approval

Smart Managed Industrial Hardened Gigabit Ethernet Switch approved for sale and installation in Florida Transportation System projects Smart Managed Industrial Hardened Gigabit Ethernet Switch approved ...

Lantronix to Present at 24th Annual Needham Virtual Growth Conference on Jan. 12, 2022

IRVINE, Calif., Jan. 06, 2022 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (Nasdaq: LTRX), a global provider of secure turnkey solutions for intelligent IT and Internet of Things (IoT), today anno...

Lantronix Named Member of the Qualcomm Automotive Solutions Ecosystem Program

A long-time member of the Qualcomm Advantage Network, Lantronix joined the invitation-only program to help accelerate automotive innovation A long-time member of the Qualcomm Advantage Network, Lantroni...

Lantronix Wins IoT Global Award for Its FOX3 Series Telematic Gateway

Lantronix FOX3 Series gateway enables the LACOS farm equipment telemetry system to deliver actionable insights for maximum efficiency and cost savings Lantronix FOX3 Series gateway enables the LACOS far...

New Strong Sell Stocks for November 19th

AMED, CSII, DVA, GFF, and LTRX have been added to the Zacks Rank #5 (Strong Sell) List on November 19, 2021.

Other symbols: AMEDCSIIDVAGFF