Lantronix, Inc. (LTRX) Matches Q3 Earnings Estimates

Lantronix, Inc. (LTRX) came out with quarterly earnings of $0.03 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post earnings of $0.03 per share when it actually produced earnings of $0.04, delivering a surprise of 33.33%.Over the last four quarters, the company has surpassed consensus EPS estimates just once.Lantronix, which belongs to the ...