Lantronix(LTRX)

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Lantronix Wins 2024 IoT Evolution Asset Tracking Award for FOX3 Telematic Gateway
GlobeNewswire News Room· 2024-06-13 11:00
Lantronix Quantum Aviation Case Study Highlights Lantronix Inc. is a global leader of compute and connectivity IoT solutions that target high-growth industries, including Smart Cities, Automotive and Enterprise. Lantronix's products and services empower companies to achieve success in the growing IoT markets by delivering customizable solutions that address each layer of the IoT Stack. Lantronix's leading-edge solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveilla ...
Lantronix IoT Solution Enables Digital Retail Shelf Signage Solution for HY-LINE Group
Newsfilter· 2024-06-05 11:00
IRVINE, Calif., June 05, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity IoT solutions, today announced that it has published its case study on HY-LINE Group's Smart Shelf, an easy-to-deploy digital retail shelf signage solution that delivers customer engagement and buying behavior analytics. Utilizing Lantronix's E210 Series Router (E214) with IoT SIM Connectivity Services and Lantronix's Percepxion™ Cloud IoT Edge Solutions platform, this solution is sec ...
Lantronix IoT Solution Enables Digital Retail Shelf Signage Solution for HY-LINE Group
GlobeNewswire News Room· 2024-06-05 11:00
Success Highlights: Solution: Lantronix Routers, Connectivity Services and Percepxion Platform Utilizing Lantronix products and services enabled HY-LINE to build connectivity into the Smart Shelf Solution, providing an easy way for retailers to deploy and manage Smart Shelves across their stores, regionally, nationally or globally. Since the Smart Shelf comes pre-configured with the interactive display and router, to get started, retailers just plug it into a power outlet and connect it to the network. From ...
Lantronix to Showcase AI-Driven Out-Of-Band Management Solutions at Cisco Live
Newsfilter· 2024-05-30 11:00
Core Insights - Lantronix Inc. is showcasing its AI-driven out-of-band management solutions at Cisco Live from June 2–6, 2024, in Las Vegas, emphasizing automation and network reliability during outages [1][2] - The company aims to enhance network security and efficiency for customers by automating routine tasks, allowing network administrators to focus on other responsibilities [2] Company Overview - Lantronix is a global leader in compute and connectivity IoT solutions, targeting high-growth industries such as Smart Cities, Automotive, and Enterprise [6] - The company provides customizable solutions that address various layers of the IoT Stack, including Intelligent Substations, Infotainment systems, and Video Surveillance [6] Product Offerings - The showcased products include: - LM83X: AI-driven out-of-band management for 8–104 devices over serial console [9] - LM80: Fixed 8-port serial AI-driven management solution for automating IT maintenance tasks [9] - Control Center: Centralized management for LM-series devices, enabling secure remote access and compliance reporting [9] - SLC 8000: Advanced modular console manager for secure access to IT equipment [9] - EMG 7500: Edge solution for branch offices and retail stores with integrated cellular connectivity [9] - G520 Series: Next-generation IoT cellular gateways designed for industrial applications [9] Strategic Focus - The company emphasizes its commitment to innovation and customer efficiency, aiming to provide reliable, secure, and easy-to-deploy solutions supported by exceptional service [2]
Lantronix to Display New Cloud Software Platform and Telematic Trackers at IoT Solutions World Congress
Newsfilter· 2024-05-16 07:00
Core Insights - Lantronix Inc. is set to showcase its Percepxion® Cloud Software Platform and new telematic trackers at the IoT Solutions World Congress from May 21–23, 2024, in Barcelona [1][2] - The company aims to provide reliable, secure, and easy-to-deploy IoT solutions, supported by a strong service team [2] - The global market for aftermarket telematic devices is projected to grow at a CAGR of 10.5%, reaching 77.6 million units and a market value of $3.7 billion by 2027 [2] Product Innovations - The Tracx platform is a centralized, browser-based hub designed for comprehensive fleet and asset management, allowing users to track, dispatch, and monitor assets efficiently [3] - Lantronix's product lineup includes: - Percepxion Cloud Software Platform for secure device lifecycle management [6] - FOX4 Edge Compute Tracker, versatile for various applications [6] - Bolero 43 Edge Compute Tracker, designed for asset and fleet management with an IP68 rating [6] - M114Cat-1BIS Modem for steadfast connectivity across EMEA [6] - G520 Series Gateways for critical Industry 4.0 applications [6] - X300 Compact IoT Gateways for enhanced security and device management [6] Market Positioning - Lantronix targets high-growth industries such as Smart Cities, Automotive, and Enterprise, providing customizable solutions across the IoT Stack [6][7] - The company emphasizes its role as a key player in the IoT market, with a focus on innovative hardware and software solutions that align with market growth trends [2][6]
Lantronix to Display New Cloud Software Platform and Telematic Trackers at IoT Solutions World Congress
globenewswire.com· 2024-05-16 07:00
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 Software Platform and new FOX4 and Bolero 43 edge compute telematic trackers will debut at the upcoming IoT Solutions World Congress from May 21–23, 2024, at Barcelona's Gran Via Venue. Lantronix will also preview its upcoming Tracx centralized, browser-based hub for comprehensive fleet and asset management. Lantronix ...
Lantronix(LTRX) - 2024 Q3 - Quarterly Report
2024-05-02 11:59
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________. Commission file number: 1-16027 LANTRONIX, INC. (Exact name of registrant as specified in its charter) (State or other jurisdic ...
Lantronix, Inc. (LTRX) Beats Q3 Earnings and Revenue Estimates
Zacks Investment Research· 2024-04-29 23:01
Lantronix, Inc. (LTRX) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 22.22%. A quarter ago, it was expected that this company would post earnings of $0.08 per share when it actually produced earnings of $0.08, delivering no surprise.Over the last four quarters, the company has surpa ...
Lantronix(LTRX) - 2024 Q3 - Quarterly Results
2024-04-29 20:30
Exhibit 99.1 Lantronix Reports Record Revenue for Third Quarter of Fiscal 2024 IRVINE, Calif., April 29, 2024 — Lantronix Inc. (NASDAQ: LTRX), a global provider of compute and connectivity IoT solutions, today reported results for its third quarter of fiscal 2024. Net revenue totaled $41.2 million, up 11 percent sequentially and up 25 percent year-over-year. GAAP EPS of ($0.01), compared to ($0.08) in the prior year and ($0.07) in the prior quarter. Non-GAAP EPS of $0.11, compared to $0.06 in the prior year ...
Lantronix Reports Record Revenue for Third Quarter of Fiscal 2024
Newsfilter· 2024-04-29 20:05
Third Quarter Net Revenue of $41.2 Million, up 11 Percent Sequentially and up 25 Percent Year-Over-YearThird Quarter GAAP EPS of ($0.01) vs. ($0.08) in the Prior Year Third Quarter Non-GAAP EPS of $0.11 vs. $0.06 in the Prior Year IRVINE, Calif., April 29, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ:LTRX), a global provider of compute and connectivity IoT solutions, today reported results for its third quarter of fiscal 2024. Net revenue totaled $41.2 million, up 11 percent sequentially and up 25 percen ...