Lantronix, Inc. (LTRX) Matches Q3 Earnings Estimates

Financial Performance - Lantronix, Inc. reported quarterly earnings of $0.03 per share, matching the Zacks Consensus Estimate, but down from $0.11 per share a year ago [1] - The company posted revenues of $28.5 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 2.40%, and down from $41.18 million year-over-year [2] - Over the last four quarters, Lantronix has only surpassed consensus EPS estimates once and has not beaten consensus revenue estimates [2][3] Stock Performance - Lantronix shares have declined approximately 48.3% since the beginning of the year, contrasting with the S&P 500's decline of 4.3% [3] - The current Zacks Rank for Lantronix is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.05 on revenues of $30.8 million, and for the current fiscal year, it is $0.18 on revenues of $125.6 million [7] - The trend of estimate revisions for Lantronix is mixed, which could change following the recent earnings report [6] Industry Context - The Computer - Networking industry, to which Lantronix belongs, is currently ranked in the bottom 37% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests that the performance of stocks can be significantly influenced by the outlook for the industry [8]