Lantronix, Inc. (LTRX) Beats Q3 Earnings and Revenue Estimates

Lantronix, Inc. (LTRX) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of$ 0.09 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 22.22%. A quarter ago, it was expected that this company would post earnings of$ 0.08 per share when it actually produced earnings of $0.08, delivering no surprise.Over the last four quarters, the company has surpa ...