Lantronix(LTRX)
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Lantronix Closes Strategic Acquisition of DZS's NetComm Enterprise IoT Portfolio
GlobeNewswire News Room· 2024-12-26 12:00
Accelerates Lantronix’s Enterprise IoT LeadershipExpands Its IoT Wireless Connect Portfolio With Cutting-Edge 5G TechnologyStrengthens Its Competitive Offering, Adds New Blue-Chip Customers 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 NetComm Wireless Pty Ltd (“NetComm”), a subsidiary of DZS Inc., for all of its enterprise Internet of Things (IoT) busine ...
Lantronix to Present at the 27th Annual Needham Growth Conference on Jan. 14–15, 2025
Newsfilter· 2024-12-19 12:00
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 Stringham, Interim CFO, will deliver in-person presentations on Tuesday, Jan. 14, and Wednesday, Jan. 15, 2025, at the 27th Annual Needham Growth Conference at the Lotte New York Palace Hotel in New York City. The live audio webcast and replay of the presentations will be available approximately two hours following th ...
Lantronix, Inc. (LTRX) Q1 2025 Earnings Conference Call Transcript
Seeking Alpha· 2024-11-09 19:40
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 and CEO Conference Call Participants Tyler Burmeister - Craig-Hallum Capital Ryan Koontz - Needham Operator Good evening, and welcome to the Lantronix First Quarter Fiscal 2025 Results Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note, this event is being recorded. ...
Lantronix(LTRX) - 2025 Q1 - Earnings Call Transcript
2024-11-09 19:40
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 and CEO Conference Call Participants Tyler Burmeister - Craig-Hallum Capital Ryan Koontz - Needham Operator Good evening, and welcome to the Lantronix First Quarter Fiscal 2025 Results Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note, this event is being recorded. ...
通过战略性收购 DZS 的 NetComm 企业物联网产品组合,Lantronix 加速确立在物联网领域的领导地位
GlobeNewswire Inc.· 2024-11-08 20:14
通过先进的 5G 技术,扩大 Lantronix 的物联网无线连接产品组合加强有竞争力的产品和服务,增加新的蓝筹客户 加州尔湾, Nov. 09, 2024 (GLOBE NEWSWIRE) -- 物联网计算和连接性物联网解决方案全球领导者 Lantronix Inc. (NASDAQ: LTRX) 今日宣布已签署了一项最终协议,以 650 万美元现金收购 DZS, Inc. 子公司 NetComm Wireless Pty Ltd (“NetComm”) 的企业物联网业务全部资产,并承担某些负债。 此次收购弥补了 Lantronix 在企业和智慧城市垂直市场的空缺,并扩展了其新一代 5G 功能。 Lantronix 总裁兼首席执行官 Saleel Awsare 表示:“此次对 NetComm 物联网产品组合的战略性收购,加强了我们提供计算和连接产品的能力,使我们能够为客户提供领先的物联网解决方案。 此次收购扩大了我们在网关、路由器和调制解调器方面的产品组合,包括最新的 5G 产品,让我们的边缘计算解决方案得以改善。 此外,还为我们带来了新的蓝筹企业客户,提供了更多的交叉销售机会,使我们的产品能够进入澳大利亚 ...
Lantronix(LTRX) - 2025 Q1 - Quarterly Report
2024-11-08 12:44
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 September 30, 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) Delaware 33-0362767 ...
Lantronix, Inc. (LTRX) Q1 Earnings and Revenues Miss Estimates
ZACKS· 2024-11-08 01:01
Lantronix, Inc. (LTRX) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -33.33%. A quarter ago, it was expected that this company would post earnings of $0.15 per share when it actually produced earnings of $0.15, delivering no surprise.Over the last four quarters, the company has surp ...
Lantronix Reports Results for First Quarter of Fiscal 2025
GlobeNewswire News Room· 2024-11-07 21:15
First Quarter Net Revenue of $34.4 Million, up 4 Percent Year-Over-YearFirst Quarter GAAP EPS of ($0.07) vs. ($0.05) in the Prior Year First Quarter Non-GAAP EPS of $0.06 vs. $0.07 in the Prior Year 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. Net revenue totaled $34.4 million, up 4 percent year-over-year and down sequentially as expected. GAAP EPS of ($ ...
Lantronix to Report Fiscal 2025 First Quarter Results on Nov. 7, 2024
GlobeNewswire News Room· 2024-10-31 22:21
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 results from its fiscal 2025 first quarter ended Sept. 30, 2024, after the close of the market on Thursday, Nov. 7, 2024. Management will host an investor conference call and audio webcast at 3:30 p.m. Pacific Time (6:30 p.m. Eastern Time) on Nov. 7, 2024. To access the live conference call, investors should dial ...
Lantronix Unveils Qualcomm-Powered Solution: Will LTRX Top Line Gain?
ZACKS· 2024-10-18 14:16
Lantronix, Inc. (LTRX) recently launched SmartLV, an artificial intelligence (AI)-powered IoT Edge Compute Cellular Gateway, targeting low-voltage substations and distribution automation in next-generation smart grids, utilities and industrial applications. Powered by the Qualcomm (QCOM) IQ-615 processor, LTRX's latest innovation will debut at Enlit Europe, a leading energy industry event, from Oct. 22-24, 2024, in Milan, Italy. With its advanced AI and edge computing capabilities, the SmartLV Gateway aims ...