Lantronix to Unveil New PoE++ Network Switches at BICSI Conference

Core Insights - Lantronix, Inc. (LTRX) is set to unveil its 28-port SM24TBT4XPA Managed 2.5G Ethernet PoE++ network switch at the 2025 BICSI Winter Conference & Exhibition, alongside other models [1][2] Product Innovations - The new product line addresses the growing demand for reliable network performance and high-speed connectivity in sectors like smart buildings and security [2] - The 28-port Managed Ethernet PoE++ Switch features 2.5G ports and IEEE 1588v2 for precise time synchronization, crucial for applications in wireless networks and financial trading [2] - Integrated with Lantronix's Percepxion platform, the switches provide comprehensive life cycle management and data analytics [2] Additional Offerings - Lantronix will also showcase a variety of network extension solutions, including media conversion solutions and compact PoE-powered converters [3][4] - The IoT Gateways presented will offer secure connectivity options, including the G520 Series and the industrial-grade X300 Series [4] Financial Performance - The Embedded IoT Solutions segment saw an 18% revenue increase compared to the previous quarter and year, while the IoT System Solutions segment faced a 47% sequential decline and a 1% year-over-year decrease [5] - Software & Services revenue rose 8% sequentially but fell 13% year over year, indicating competitive pressures and economic challenges in the IoT sector [5] Market Position - Lantronix holds a Zacks Rank of 3 (Hold), with its stock price declining by 40.6% over the past year, contrasting with a 13% growth in the industry [6]