Lantronix(LTRX)

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LTRX Stock Slips 27% in a Month Amid Market Jitters: Should You Buy?
ZACKS· 2025-04-15 15:21
Lantronix, Inc. (LTRX) stock has plunged 26.8% in a month amid tumbling indices. Over the same time frame, the Zacks Computer - Networking industry declined 5.9%. The broader Computer and Technology sector and S&P 500 Composite have registered declines of 6.6% and 4.7%, respectively, in the same period. Recent escalating trade tensions, potential supply chain disruptions and a possibility of a global economic slowdown led to a broader market sell-off.Image Source: Zacks Investment ResearchIs the dip in stoc ...
Lantronix Ranks 8th on Orange County Business Journal's List of Fastest-Growing Midsize Public Companies
Newsfilter· 2025-04-09 11:00
Core Insights - Lantronix Inc. has been recognized as the 8th Fastest-Growing Midsize Public Company in Orange County, California, with a revenue growth of 22% from 2022 to 2024, achieving revenues of $160.3 million for the 12 months ending December 30, 2024 [1][2] Company Achievements - The CEO of Lantronix, Saleel Awsare, expressed pride in the company's ranking, attributing it to the support of the team and technology partners, which has facilitated advancements in AI, Edge Computing, Industry 4.0, IIoT, and Out-of-Band Management [2] - Lantronix has received multiple awards, including the 2025 IoT Breakthrough Awards IoT CEO of the Year Award for Saleel Awsare, and has been listed in the 2025 CRN® Internet of Things (IoT) 50 list [3] Strategic Growth Initiatives - To support its growth strategy for 2025 and beyond, Lantronix has hired experienced industry leaders to enhance its global presence in compute and connectivity [2] - The company focuses on high-growth markets such as Smart Cities, Enterprise, and Transportation, providing customizable IoT solutions that enable AI Edge Intelligence [4]
Lantronix Ranks 8th on Orange County Business Journal's List of Fastest-Growing Midsize Public Companies
GlobeNewswire News Room· 2025-04-09 11:00
Core Insights - Lantronix Inc. has been recognized as the 8th Fastest-Growing Midsize Public Company in Orange County, California, with a revenue growth of 22% from 2022 to 2024, achieving revenues of $160.3 million for the 12 months ending December 30, 2024 [1][2] Company Achievements - The CEO of Lantronix, Saleel Awsare, expressed pride in the company's ranking, attributing it to the support of the team and technology partners, which has enhanced their market presence in AI, Edge Computing, Industry 4.0, IIoT, and Out-of-Band Management [2] - Lantronix has received multiple awards, including the 2025 IoT Breakthrough Awards IoT CEO of the Year Award for Saleel Awsare, and has been listed on the 2025 CRN® Internet of Things (IoT) 50 list [3] Strategic Growth Initiatives - To support its growth strategy for 2025 and beyond, Lantronix has hired experienced industry leaders to enhance its global presence in compute and connectivity [2] - The company focuses on high-growth markets such as Smart Cities, Enterprise, and Transportation, providing customizable IoT solutions that enable AI Edge Intelligence [4]
Lantronix Named to CRN 2025 Internet of Things 50 List
GlobeNewswire News Room· 2025-04-02 11:00
IRVINE, Calif., April 02, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling Edge AI Intelligence, today announced it has been recognized on the 2025 Internet of Things (IoT) 50 list by CRN®, a brand of The Channel Company. CRN’s annual IoT 50 list spotlights vendors leading IoT innovation that are driving channel success. Honorees are selected by a panel of CRN editors with input from members of the channel partner community. “We a ...
Lantronix Names Tech Industry Veteran Todd Rychecky General Manager and Head of Out-of-Band Management Business
Newsfilter· 2025-04-01 11:00
Core Viewpoint - Lantronix Inc. has appointed Todd Rychecky as general manager and head of its Out-of-Band (OOB) Management Business Line, aiming to enhance its market presence and drive strategic growth in the sector [1][2][3] Company Overview - Lantronix is a global leader in compute and connectivity IoT solutions, targeting high-growth markets such as Smart Cities, Enterprise, and Transportation [6] - The company offers a comprehensive suite of OOB management solutions, including products like LM80, LM83, LM4, SLC8000, EMG7500/8500, and Spider, with upcoming innovations such as SLC9000, LM48, and 5G-enabled LM series [5][6] Leadership and Strategy - Todd Rychecky has a strong background in OOB management, having previously scaled OpenGear's business and led a $100 million network resilience contract [2][4] - His responsibilities include aligning the OOB Management business with the company's broader AI and connectivity strategy, driving revenue growth, expanding market share, and enhancing financial performance [9] Product and Service Offerings - Lantronix's OOB management solutions provide enterprises with secure and resilient network management tools, ensuring uninterrupted connectivity and streamlined IT operations [5] - The company also offers LEVEL SERVICES, which provide customized technical support to meet evolving network demands [5]
LTRX Transforms Edge AI Computing by Unveiling Open-Q 8550CS SOM
ZACKS· 2025-03-31 16:16
Lantronix, Inc. (LTRX) introduced its latest offering, the Open-Q 8550CS System-on-Module (SOM). Powered by Qualcomm's Dragonwing QCS8550 processor, this production-ready module is designed to bring low-power, high-performance AI and Machine Learning capabilities to the Edge computing. This innovation aims to accelerate the development of AI-driven applications across a broad spectrum of industries like smart warehousing, manufacturing, transportation, logistics and retail. Lantronix's Open-Q 8550CS SOM is ...
Lantronix 推出新款 Open-Q 8550CS 系统级模块,专为满足边缘 AI 计算需求而设计
Globenewswire· 2025-03-28 00:43
可直接投入生产的 SOM 简化了创新型工业边缘 AI 设备的开发过程,助力加速产品上市尔湾,加州, March 28, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX) 是一家物联网解决方案计算和连接领域的全球领军企业,专注于打造边缘人工智能。今日,该公司宣布了其新款 Open-Q™ 8550CS 系统级模块 (SOM) 的问世。 该模块采用 Qualcomm Dragonwing™ QCS8550 处理器,具备低功耗、设备端人工智能 (AI) 和机器学习 (ML) 功能,可直接投入生产,简化设计流程,并使开发人员能够更迅速地将创新型边缘产品推向市场。 Lantronix 的 Open-Q 8550 采用独特设计,旨在满足极限边缘计算对 AI/ML 的更高要求,支持高级视频和 AI 应用,如视频协作、视频转码、摄像头应用以及与边缘 AI 网关的集成。 与 Lantronix 的所有嵌入式计算技术一样,该平台独具特色,提供了一个完整的解决方案,涵盖硬件、软件、设备管理和服务,帮助客户更快地将产品推向市场。 它是开发工业边缘 AI 产品的理想平台,包括无 ...
Lantronix Launches New Open-Q 8550CS System-On-Module Designed to Meet the Needs of Edge AI Computing
Newsfilter· 2025-03-27 08:00
Core Insights - Lantronix Inc. has launched the Open-Q™ 8550CS System-on-Module (SOM), which is designed for low-power, on-device AI and ML capabilities, facilitating faster market entry for developers [1][2] - The Open-Q 8550CS SOM is tailored for extreme Edge computing applications, including advanced video and AI tasks, and supports a variety of industries such as smart warehousing and transportation [2][11] Product Features - The Open-Q 8550CS SOM features a Kryo Octa-core CPU up to 3.2 GHz, Adreno A740 GPU, and dual eNPU delivering 48 INT8 and 12 FP16 TOPs, ensuring high performance for AI/ML applications [6][5] - It includes security features like Trusted Management Engine and DDR encryption, along with enterprise-level connectivity options such as Wi-Fi 7 MU-MIMO supporting up to 5.8 Gbps [6][5] - The module supports up to 8GB LPDDR5 RAM and 128GB UFS Flash, and is compatible with Android™ 13 and Linux Yocto Kirkstone [6][5] Development Support - Lantronix provides an Open-Q 8550CS SOM Development Kit to facilitate easy evaluation of the module's features, including support for various camera and connectivity options [7][8] - The company offers engineering services for turn-key product development, leveraging over 20 years of expertise and a track record of more than 1,500 successful products [10][9] Strategic Collaboration - Lantronix's partnership with Qualcomm Technologies aims to enhance IoT, Edge AI, and AI/ML technologies, driving the development of advanced-edge applications [3][4] - This collaboration supports the mutual goal of delivering integrated solutions that elevate the success of IoT and Edge AI technologies [3][4]
Lantronix Expands Partnership With TD SYNNEX to Distribute Its Out-of-Band, Network Infrastructure and Industrial IoT Solutions Throughout Europe
Newsfilter· 2025-03-19 08:30
Core Insights - Lantronix Inc. has expanded its partnership with TD SYNNEX to distribute its out-of-band network infrastructure and Industrial Internet of Things (IIoT) solutions throughout Europe, enhancing support for global customers and channel partners [1][2] Company Overview - Lantronix Inc. is a global leader in compute and connectivity IoT solutions, targeting high-growth markets such as Smart Cities, Enterprise, and Transportation [4] - The company's products enable AI Edge Intelligence and include advanced solutions like Intelligent Substations infrastructure, Infotainment systems, and Video Surveillance, along with Out-of-Band Management for Cloud and Edge Computing [4] Partnership Details - The expanded relationship with TD SYNNEX aims to increase Lantronix's market presence in Europe, providing local-market access to its advanced solutions [2] - TD SYNNEX has a proven track record as a major distributor for Lantronix in North America, and this expansion is expected to bring benefits to European customers and channel partners [2]
Lantronix to Exhibit its Cutting-Edge IoT & Compute Solutions
ZACKS· 2025-03-14 14:36
Lantronix, Inc. (LTRX) is set to showcase its state-of-the-art embedded compute, Industrial IoT (IIoT) and out-of-band management solutions at the Embedded Tech India Expo 2025. The company’s IIoT portfolio consists of high-performance routers, modems, IIoT cellular gateways and telematic devices designed to ensure reliable connectivity, remote management and real-time data processing.Among the solutions to be featured are NEW! NTC-220 Series 4G LTE IIoT router, which is a potential budget-friendly router b ...