Core Insights - Lantronix Inc. reported third-quarter fiscal 2025 results, achieving revenue of $28.5 million, which is within the guidance range of $27.0 million to $31.0 million despite a challenging macroeconomic environment [1][10] - The company continues to focus on becoming a leader in intelligent edge computing, with significant investments in AI-enabled gateways and 5G connectivity [3][6] Financial Performance - Third-quarter net revenue was $28.5 million, a decrease from $31.2 million in the previous quarter and $41.2 million in Q3 FY2024 [9][10] - GAAP EPS for the quarter was ($0.10), compared to ($0.01) in Q3 FY2024 and ($0.06) in Q2 FY2025, while Non-GAAP EPS was $0.03, down from $0.11 in Q3 FY2024 [10][23] - The company reported a net loss of $3.9 million for the quarter, compared to a loss of $2.4 million in Q3 FY2024 [23][26] Product and Market Developments - Lantronix launched the Open-Q™ 8550CS System on Module (SoM), enhancing its AI-capable compute portfolio for industrial and robotics applications [2] - The company enabled Teledyne/FLIR's AI-driven drone thermal camera, showcasing the reliability of its Open-Q™ platform in critical edge vision systems [2] Business Outlook - For the fourth fiscal quarter ending June 30, 2025, Lantronix anticipates revenue in the range of $26.5 million to $30.5 million and Non-GAAP EPS between $0.00 to $0.02 [11][3] - The company is positioning itself to capitalize on the next wave of industrial and enterprise transformation at the edge [3][6] Geographic Revenue Breakdown - In Q3 FY2025, revenue from the Americas was $16.5 million, EMEA contributed $6.0 million, and Asia Pacific Japan accounted for $6.0 million [27][28] - Year-over-year comparisons show a decline in revenue across all regions, reflecting broader market challenges [27][28]

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 [3] - The company provides customizable solutions that enable AI Edge Intelligence, including Intelligent Substations infrastructure, Infotainment systems, and Video Surveillance [3] Investor Engagement - Lantronix CEO Saleel Awsare and CFO Brent Stringham will participate in one-on-one meetings with investors at the 22nd Annual Craig-Hallum Institutional Investor Conference on May 28, 2025 [1] - Interested investors can contact CFO Brent Stringham for meeting availability [2]

Core Viewpoint - Lantronix Inc. is set to release its financial results for the fiscal 2025 third quarter on May 8, 2025, after market close [1] Group 1: Financial Results Announcement - The financial results will cover the period ended March 31, 2025 [1] - An investor conference call and audio webcast will be held on May 8, 2025, at 1:30 p.m. Pacific Time [2] - Investors can access a replay of the conference call starting at approximately 8:00 p.m. Pacific Time on the same day [3] Group 2: Company Overview - Lantronix Inc. is recognized as a global leader in compute and connectivity IoT solutions, focusing on high-growth markets such as Smart Cities, Enterprise, and Transportation [4] - The company's offerings include customizable solutions that enable AI Edge Intelligence, with advanced products like Intelligent Substations infrastructure, Infotainment systems, and Video Surveillance [4]

Core Viewpoint - Lantronix, Inc. (LTRX) has experienced a significant stock decline of 26.8% over the past month, influenced by broader market sell-offs due to trade tensions and potential economic slowdowns [1][2]. Group 1: Company Developments - Lantronix is enhancing its partnerships and showcasing advanced IoT solutions aimed at digital transformation across various industries, including its IIoT portfolio featuring high-performance routers and gateways [3]. - The company introduced the SmartLV, an AI-enabled IoT Edge Compute Cellular Gateway, which optimizes power distribution in low-voltage grids by integrating real-time data [4]. - LTRX is expanding its collaboration with Qualcomm to implement AI-powered analytics in edge systems, targeting sectors like banking and smart farming [5]. - In Q2, Lantronix acquired NetComm for $6.5 million, enhancing its Connect business with 4G and 5G gateways, and is seeing growth potential in Australia and New Zealand [6]. - The company launched the Open-Q 8550CS System-on-Module, designed to deliver low-power, high-performance AI capabilities for edge computing across various industries [8]. Group 2: Financial Performance - In Q2 of fiscal 2025, Lantronix's IoT System Solutions revenues, which contributed 59.7% to total revenues, fell by 19.2% year over year, while Embedded IoT Solutions revenues, contributing 34.6%, decreased by 8.3% [12]. - Overall, the company's top line decreased by 15.9% year over year, attributed to reduced orders from key automotive customers and a slight slowdown in the enterprise market [13]. - LTRX is currently trading at a forward 12-month Price/Sales ratio of 0.58, significantly lower than the industry average of 3.74 [9].

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]

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]

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 ...

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]

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 ...

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 ...