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 ...

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. (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, 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. ...

Core Insights - Lantronix Inc. has announced a strategic partnership with DZS, Inc. and NetComm Wireless Pty Ltd to enhance its 5G product offerings, aiming to fill gaps in its product line and meet increasing customer demand for 5G solutions [1][2] Group 1: Partnership and Product Development - The collaboration with DZS and NetComm is expected to strengthen Lantronix's capabilities in providing 5G solutions, which are crucial for the company's growth strategy [1] - Lantronix anticipates that the partnership will enable it to deliver enhanced customer solutions and expand its market reach in the 5G sector [1][2] - The company projects that the partnership will contribute to significant revenue growth, with expectations of generating between $600 million to $700 million in revenue for the fiscal year 2024 [1] Group 2: Market Position and Future Outlook - Lantronix aims to leverage the partnership to address the growing demand for 5G products, which are essential for various applications including automotive and industrial sectors [2] - The company is focused on enhancing its product offerings to ensure they meet the evolving needs of customers in a competitive market [2] - Lantronix's strategic initiatives are expected to position it favorably within the industry, particularly as the demand for 5G solutions continues to rise [1][2]

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) 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 ...

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 $34.4 million, up 4 percent year-over-year and down sequentially as expected. GAAP EPS of ($ ...

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, 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 ...