Lantronix's Q2 Earnings Surpass Estimates, Down Y/Y, Stock Declines

Lantronix, Inc. (LTRX) reported second-quarter fiscal 2025 non-GAAP earnings per share (EPS) of 4 cents, which surpassed the Zacks Consensus Estimate of 3 cents. The bottom line decreased 50% from the prior-year quarter's 8 cents.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Revenues in the quarter totaled $31.2 million, missing the consensus mark by just 0.1%. The top line also decreased 15.9% year over year, due to reduced orders from the company’s top automotive customer and sl ...