Lantronix(LTRX) - 2024 Q4 - Annual Results

Exhibit 99.1 Lantronix Reports Record Revenue for Fourth Quarter and Full Fiscal 2024 · Fourth Quarter Net Revenue of $49.1 Million, up 19 Percent Sequentially and up 41 Percent Year-Over-Year · Fourth Quarter GAAP EPS of$ 0.01 vs. ( $0.05) in the Prior Year, a$ 0.06 improvement · Fourth Quarter Non-GAAP EPS of $0.15 vs.$ 0.06 in the Prior Year, up 150% · Annual Net Revenue of $160.3, up 22% from the Prior Year · Annual GAAP EPS of ($ 0.12) vs. ( $0.25) in the Prior Year, a$ 0.13 improvement · Annual Non-GAAP ...