Core Insights - Lantronix Inc. has been awarded the 2025 Industrial IoT Company of the Year by CompassIntel, recognizing its leadership and innovation in the IoT sector [1][2][3] Company Overview - Lantronix is a global leader in compute and connectivity IoT solutions, focusing on high-growth markets such as Smart Cities, Enterprise, and Transportation [5] - The company provides customizable solutions that enable AI Edge Intelligence, including Intelligent Substations infrastructure, Infotainment systems, and Video Surveillance [5] Industry Recognition - The CompassIntel Awards celebrate companies that demonstrate innovation, leadership, and excellence in the mobile, IoT, business tech, and emergency technology industries [2] - Winners are selected by a panel of industry experts, including press, editors, and analysts [2] Leadership Statements - The CEO of Lantronix expressed honor in receiving the award and emphasized the company's commitment to innovation and customer success through advanced IoT technologies [3] - The partnership with Qualcomm and other industry leaders is highlighted as a key factor in delivering groundbreaking IoT solutions [3]

Core Insights - Lantronix, Inc. (LTRX) has formed a partnership with Aerora to enhance Edge AI solutions for drones, robotics, and surveillance, utilizing Aerora's OEM platform for AI-driven visual navigation [1][9] - This collaboration aims to provide developers with advanced tools based on leading embedded compute technologies, facilitating new applications in both private and government sectors [2] Industry Overview - The global drone market is projected to reach $163.6 billion by 2030, growing at a CAGR of approximately 15%, driven by increased drone usage in logistics, agriculture, infrastructure, and public safety [3] - The U.S. Federal Government is actively supporting drone innovation and manufacturing, recognizing the sector's growing importance [3] Company Developments - Lantronix's Open-Q System-on-Module (SoM), powered by Qualcomm Technologies' chipsets, is central to the innovation, providing essential processing capabilities for real-time decision-making and AI-enhanced situational awareness [4] - The integrated solution from Aerora includes Teledyne FLIR's Hadron 640R module and Prism software, enabling advanced thermal and RGB imaging, and facilitating compliance with NDAA requirements [5][9] - In Q3 of fiscal 2025, Lantronix reinforced its leadership in AI edge intelligence and industrial connectivity, introducing the Open-Q 8550CS SoM, which enhances AI and machine learning capabilities for industrial applications [6] Financial Performance - Despite strategic initiatives, Lantronix experienced a decline in sales across its IoT System Solutions and Software & Services segments, with IoT System Solutions revenues down 45% year-over-year, and Embedded IoT Solutions revenues down 3.7% [7] - The company reported that IoT System Solutions contributed 51.7% to total revenues, while Embedded IoT Solutions contributed 42.1% [7] Stock Performance - Lantronix currently holds a Zacks Rank of 4 (Sell), with shares declining by 29.1% over the past year, contrasting with a 41.2% growth in the Zacks Computer Networking industry [8]

Core Insights - Lantronix partners with Aerora to advance AI-driven drone solutions, enhancing edge AI capabilities for various applications [1][2] - The global drone market is projected to reach $163.6 billion by 2030, with a compound annual growth rate (CAGR) of 15% [1] - Aerora's solutions leverage Qualcomm® Technologies chipsets and Lantronix Open-Q™ system-on-modules (SoMs) for superior processing power [2] Company Overview - Lantronix Inc. is a global leader in IoT solutions, focusing on smart cities, automotive, and enterprise sectors [4] - Aerora provides fully integrated, NDAA-compliant propulsion, ground control, and AI payload systems, streamlining drone and robotics innovation [5][6] Technological Advancements - Aerora's solutions include advanced thermal and RGB imaging capabilities through integration with Teledyne FLIR Hadron 640R modules [2][3] - The collaboration aims to reduce engineering overhead and accelerate time-to-market for OEMs in the drone and robotics sectors [2][3]

Core Insights - Lantronix and Aerora are collaborating to enhance AI-powered drone solutions, focusing on Edge AI technologies for applications in drones, robotics, and surveillance [1][2] - The global drone market is projected to reach $163.6 billion by 2030, with a compound annual growth rate (CAGR) of 15% [2] - Aerora's solutions leverage Lantronix's Open-Q™ System-on-Module (SoM) powered by Qualcomm® Technologies, providing advanced processing capabilities for AI applications [3] Company Overview - Lantronix is a leader in compute and connectivity IoT solutions, targeting high-growth industries such as Smart Cities, Automotive, and Enterprise [8] - Aerora specializes in integrated NDAA-compliant propulsion, ground control, and precision AI payload systems, managing the entire supply chain for drone manufacturers [11] Technological Advancements - Aerora's integrated solution includes advanced thermal and RGB imaging capabilities through the Teledyne FLIR Hadron 640R module and Prism software [4] - The full-stack solution from Aerora features pre-integration of essential components, enabling simultaneous 4K video streaming and high-resolution thermal video [5] Market Opportunities - The collaboration is expected to open new opportunities in both private and government sectors, enhancing operational capabilities and reducing development timelines for drone OEMs [2][6]

Core Viewpoint - Lantronix is showcasing its innovative LM4 AI-driven Out-of-Band Management (OOBM) platform at Cisco Live, emphasizing its capabilities in enhancing network security, reliability, and automation [1][5]. 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 [12]. - The company offers a comprehensive portfolio of out-of-band management console servers aimed at minimizing unscheduled network downtime [2]. Product Features - The LM4 is the first console server specifically designed for Intermediate Distribution Frames (IDFs) and compact environments, suitable for sectors like healthcare, finance, and telecommunications [3]. - The LM4 provides advanced automation, compliance, and cybersecurity features, leveraging technology validated in military and financial networks [3]. - It supports up to four ports of serial console connections and up to 48 virtual ports, making it versatile for various deployment scenarios [7]. Market Insights - The global market for serial console servers is nearly $400 million, with significant growth expected in AI data centers and GPU-as-a-Service deployments [4]. - Dell'Oro Group forecasts that data center capital expenditures will exceed $1 trillion by 2029, indicating a robust growth trajectory for related technologies [4]. Event Participation - At Cisco Live, Lantronix will conduct live demonstrations and daily giveaways of the LM4 platform, highlighting its commitment to empowering customers through data-driven decision-making [1][5]. - A speaking session titled "OOB Everywhere! How Advanced Console Servers Enhance Network Automation, Cybersecurity & Resilience" will be led by Eric Weiss, Product Line Director, on June 10, 2025 [9]. Software and Management - The LM4 operates on LMOS software, which enables continuous monitoring and automated issue resolution, enhancing the management of network infrastructure [8]. - The LM-Series, including the LM4, is centrally managed by the Lantronix Control Center, allowing for standardized out-of-band management across various devices [10].

Core Insights - Lantronix Inc. has been awarded the 2025 TMC Labs Innovation Award for its SmartLV IoT cellular gateway, which is recognized as the first AI-enabled IoT Edge Compute Cellular Gateway powered by the Qualcomm IQ-615 processor [1][2][3] Company Overview - Lantronix is a global leader in compute and connectivity IoT solutions, focusing on high-growth markets such as Smart Cities, Enterprise, and Transportation [6] - The company emphasizes innovation and has a long-term partnership with Qualcomm to deliver advanced IoT solutions [3][6] Product Features - The SmartLV is designed for low-voltage substations and distribution automation applications, aimed at enhancing real-time visibility, control, and automation in the energy sector [4] - It incorporates advanced cybersecurity protocols and AI capabilities, ensuring secure operations for mission-critical applications [5] - The gateway provides Distribution System Operators (DSOs) with the ability to control energy distribution precisely when and where needed [4][5][6]

Core Viewpoint - Lantronix Inc. has appointed Dr. Sailesh Chittipeddi as an independent director to its Board of Directors, effective May 6, 2025, enhancing the board's expertise in technology and supply chain management [1][2]. Company Overview - Lantronix Inc. is a global leader in compute and connectivity IoT solutions, focusing on high-growth markets such as Smart Cities, Enterprise, and Transportation [8]. - The company provides customizable solutions that enable AI Edge Intelligence, including Intelligent Substations infrastructure, Infotainment systems, and Video Surveillance [8]. Board Appointment Details - Dr. Chittipeddi's appointment increases the board to five directors, with four being independent under Nasdaq listing standards [1]. - He brings extensive experience in Industrial, IoT, and Infrastructure businesses, having previously served as executive vice president of Global Operations at Renesas Electronics [2][5]. - His leadership at Renesas resulted in nearly doubling the revenue of its Industrial, IoT, and Infrastructure Business Unit to over $7 billion [5]. Dr. Chittipeddi's Background - Dr. Chittipeddi has held senior positions at various leading technology companies, including Conexant Systems, AT&T Bell Labs, and Lucent Technologies [6]. - He is currently a Venture Partner at Novo Tellus Capital Partners and serves on the boards of several global companies [2][6]. - He holds an MBA from the University of Texas at Austin and a Ph.D. in Physics from The Ohio State University, along with 83 U.S. semiconductor process, package, and design patents [7].

Lantronix, Inc. LTRX reported in-line earnings for the third quarter, after the closing bell on Thursday.The company posted quarterly earnings of 3 cents per share which met the analyst consensus estimate. The company reported quarterly sales of $28.50 million which missed the analyst consensus estimate of $29.12 million.“We’re positioning Lantronix to lead the next wave of industrial and enterprise transformation at the edge,” said Saleel Awsare, president and CEO of Lantronix. “This quarter reflects conti ...

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, 2025 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: 001-16027 Table of Contents Delaware 33-0362767 48 Discovery, Suite 250, Irvine, California (Address of principal executi ...

Financial Performance - Lantronix, Inc. reported quarterly earnings of $0.03 per share, matching the Zacks Consensus Estimate, but down from $0.11 per share a year ago [1] - The company posted revenues of $28.5 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 2.40%, and down from $41.18 million year-over-year [2] - Over the last four quarters, Lantronix has only surpassed consensus EPS estimates once and has not beaten consensus revenue estimates [2][3] Stock Performance - Lantronix shares have declined approximately 48.3% since the beginning of the year, contrasting with the S&P 500's decline of 4.3% [3] - The current Zacks Rank for Lantronix is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.05 on revenues of $30.8 million, and for the current fiscal year, it is $0.18 on revenues of $125.6 million [7] - The trend of estimate revisions for Lantronix is mixed, which could change following the recent earnings report [6] Industry Context - The Computer - Networking industry, to which Lantronix belongs, is currently ranked in the bottom 37% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests that the performance of stocks can be significantly influenced by the outlook for the industry [8]