Lantronix Reports Results for Third Quarter of Fiscal 2025

Core Insights - Lantronix Inc. reported third-quarter fiscal 2025 results, achieving revenue of $28.5 million, which is within the guidance range of $27.0 million to $31.0 million despite a challenging macroeconomic environment [1][10] - The company continues to focus on becoming a leader in intelligent edge computing, with significant investments in AI-enabled gateways and 5G connectivity [3][6] Financial Performance - Third-quarter net revenue was $28.5 million, a decrease from $31.2 million in the previous quarter and $41.2 million in Q3 FY2024 [9][10] - GAAP EPS for the quarter was ($0.10), compared to ($0.01) in Q3 FY2024 and ($0.06) in Q2 FY2025, while Non-GAAP EPS was $0.03, down from $0.11 in Q3 FY2024 [10][23] - The company reported a net loss of $3.9 million for the quarter, compared to a loss of $2.4 million in Q3 FY2024 [23][26] Product and Market Developments - Lantronix launched the Open-Q™ 8550CS System on Module (SoM), enhancing its AI-capable compute portfolio for industrial and robotics applications [2] - The company enabled Teledyne/FLIR's AI-driven drone thermal camera, showcasing the reliability of its Open-Q™ platform in critical edge vision systems [2] Business Outlook - For the fourth fiscal quarter ending June 30, 2025, Lantronix anticipates revenue in the range of $26.5 million to $30.5 million and Non-GAAP EPS between $0.00 to $0.02 [11][3] - The company is positioning itself to capitalize on the next wave of industrial and enterprise transformation at the edge [3][6] Geographic Revenue Breakdown - In Q3 FY2025, revenue from the Americas was $16.5 million, EMEA contributed $6.0 million, and Asia Pacific Japan accounted for $6.0 million [27][28] - Year-over-year comparisons show a decline in revenue across all regions, reflecting broader market challenges [27][28]