Lantronix(LTRX) - 2024 Q3 - Quarterly Results

Exhibit 99.1 Lantronix Reports Record Revenue for Third Quarter of Fiscal 2024 · Third Quarter Net Revenue of $41.2 Million, up 11 Percent Sequentially and up 25 Percent Year-Over-Year · Third Quarter GAAP EPS of ($0.01) vs. ($0.08) in the Prior Year · Third Quarter Non-GAAP EPS of $0.11 vs. $0.06 in the Prior Year IRVINE, Calif., April 29, 2024 — Lantronix Inc. (NASDAQ: LTRX), a global provider of compute and connectivity IoT solutions, today reported results for its third quarter of fiscal 2024. Net reven ...