Lantronix

Lantronix, Inc. engages in the provision of software as a service (SaaS), engineering services, and hardware for Edge Computing, the Internet of Things (IoT), and Remote Environment Management (REM). Its products and solutions include IoT, REM and Other. The company was founded by Bernhard Bruscha in June 1989 and is headquartered in Irvine, CA.

Earnings data Q3 2021

Earnings data Q4 2021

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Lantronix reports sequential revenue growth and improved gross margin

Lantronix's third-quarter performance showed revenue growth and improved gross margin, but the company reported a GAAP net loss. Despite this, the non-GAAP net income and solid cash position demonstrate resilience. Addressing financial challenges and capitalizing on opportunities will be crucial for the company's future success.

Lantronix reports stable Q2 revenue, eyes growth with Gridspertise

Lantronix's Q2 2023 performance showed stable revenue with a slight sequential decrease and a focus on improving operational efficiency.
The company's strategic contract with Gridspertise and positive outlook for fiscal 2023 indicate growth potential.
While facing challenges like supply chain issues, Lantronix aims to leverage opportunities for growth and enhance financial stability.

Lantronix reports Q3 revenue growth, targets $250M annual revenue

Lantronix's Q3 performance showed revenue growth, strong cash position, and focus on IoT solutions and software services.
Challenges include supply chain constraints, declining system solutions revenue, and competitive dynamics.
Opportunities lie in pursuing identified growth sectors, setting revenue targets for FY 2024, and expanding software and services revenue.
Overall, Lantronix aims for continued growth, targeting $250 million in annual revenue and addressing challenges through strategic focus.

Lantronix reports mixed Q4 results, eyes growth in fiscal 2024

Lantronix's FQ4 2023 showed mixed results with revenue growth sequentially but a year-over-year decline.
The company aims for substantial growth in fiscal 2024, targeting revenue of $175-185 million.
Challenges include profitability concerns, sequential revenue decline expected in Q1 2024, and ongoing CEO search.
Opportunities lie in improving gross margins, achieving growth targets, and identifying a new CEO for leadership stability.

Lantronix reports Q1 revenue growth, appoints new CEO for growth

Lantronix's Q1 2024 performance showed revenue growth driven by System Solutions and IoT solutions.
Maintained cash position and provided guidance for revenue growth in Q2 and fiscal year 2024.
New CEO appointment aims to steer the company towards future growth and profitability.

Lantronix reports record Q2 revenue but faces challenges ahead

Lantronix reported strong revenue growth in Q2 2024 but faced challenges with a net loss and lower IoT sales. The company's focus on strategic initiatives and cost synergies positions it well for future opportunities and growth.

Lantronix reports record revenue and strong growth prospects in key markets

Lantronix's Q3 2024 performance reflects robust revenue growth, profitability, and strategic positioning in key verticals, underpinned by strong financial health.
While the company faces challenges in a competitive landscape and market uncertainties, opportunities in smart cities, automotive infotainment, and enterprise segments offer avenues for sustained growth.
Balancing innovation, partnerships, and operational efficiency will be crucial for Lantronix to capitalize on market opportunities and navigate potential challenges in the upcoming quarters.

Lantronix posts record revenue in Q4 2024, eyes AI opportunities

Lantronix's Q4 2024 performance reflects robust revenue growth, profitability, and strategic market positioning across key verticals.
The company's strengths lie in diversified revenue streams, technological collaborations, and strong partnerships with industry leaders.
While facing challenges in sustaining growth and operational scalability, Lantronix is well-positioned to capitalize on opportunities in AI computing, market expansion, and shareholder value enhancement.

Lantronix reports Q1 revenue growth, eyes IoT leadership amid challenges

Lantronix's Q1 2025 performance showed revenue growth and positive non-GAAP net income, driven by strategic initiatives in acquisitions and collaborations. While facing challenges such as a sequential revenue decline in Q2 and a GAAP net loss, the company is well-positioned to capitalize on opportunities in IoT leadership and operational efficiency improvements.

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Presenting at the Oppenheimer 24th Annual Technology, Internet & Communications Conference August 10th Presenting at the Oppenheimer 24th Annual Technology, Internet & Communications Conference August 10th

Lantronix Announces Preliminary Revenue Results for Fourth Quarter of Fiscal 2021 with Final Results to be Reported on August 26, 2021

IRVINE, Calif., Aug. 03, 2021 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM) offering Software as a Service (SaaS), connectivity services, engineering services and intelligent hardware, today announced that Lantronix CEO Paul Pickle and CFO Jeremy Whitaker will participate in the 24th Annual Oppenheimer Technology, Internet & Communications Conference on Aug. 10, 2021, at 1:35 p.m. Pacific Time (4:35 p.m. Eastern Time).  Lantronix management will also hold virtual one-on-one meetings throughout the conference. To book a one-on-one meeting, please contact your Oppenheimer salesperson. Click this link for more information https://wsw.com/webcast/oppenheimer15/ltrx/2837012

Lantronix to Present at the Oppenheimer 24th Annual Technology, Internet & Communications Conference on Tuesday, Aug. 10, 2021

Communications Systems

MINNETONKA, Minn.--(BUSINESS WIRE)--Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), today announced that following CSI shareholder approval and satisfaction of other customary conditions, it completed the sale of the Transition Networks and Net2Edge businesses, which comprised substantially all of the assets of the Company's Electronics & Software Segment, to Lantronix, Inc. (Nasdaq: LTRX) (“Lantronix”). At the closing, CSI received a $24.16 million cash payment, which

Communications Systems Closes the Sale of its Transition Networks and Net2Edge Businesses to Lantronix

IRVINE, Calif., Aug. 02, 2021 (GLOBE NEWSWIRE) -- Lantronix, Inc. (“Lantronix”) (NASDAQ: LTRX), a global provider of Software as a Service (Saas), connectivity services, engineering services, intelligent hardware and turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM), today announced that it has completed its previously announced acquisition of Transition Networks and Net2Edge, which comprises the majority of the Electronics and Software reportable business segment of Communications Systems, Inc. (NASDAQ: JCS) (“CSI”).

Lantronix Completes Acquisition of Electronics and Software Reportable Business Segment from Communications Systems, Inc.

MINNETONKA, Minn.--(BUSINESS WIRE)--Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), formerly an IoT intelligent edge products and services company, today announced that at its Special Shareholder Meeting held today, July 28, 2021, CSI shareholders approved the sale of the Company's Transition Networks and Net2Edge businesses, which comprise the Company's Electronics & Software Segment assets, to Lantronix, Inc. (Nasdaq: LTRX) (“Lantronix”). This Special Shareholder Meet

Communications Systems' Special Meeting of Shareholders Approved the Sale of Its Transition Networks and Net2Edge Businesses to Lantronix

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Lantronix Wins IoT Evolution Product of the Year Award

Industry Veteran Brings Over Thirty Years of Experience in Technology Marketing and Applications

Lantronix Names Jacques Issa as VP of Marketing

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Lantronix powers Artificial Intelligence of Things (AIoT) in industrial IoT products, including smart hardhats and augmented reality glasses Lantronix powers Artificial Intelligence of Things (AIoT) in industrial IoT products, including smart hardhats and augmented reality glasses

Lantronix Drives Development of Smart Industrial Solutions That Increase Safety and Efficiency

Insight to offer Lantronix's expanded range of integrated hardware, software and service solutions for Remote Environment Management and Edge Computing Insight to offer Lantronix's expanded range of integrated hardware, software and service solutions for Remote Environment Management and Edge Computing

Lantronix Announces Expanded Relationship with Insight Enterprises, Now Offering Full Range of Products

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Lantronix Empowers Whisper to Reimagine Hearing With AI Hearing System

Lantronix, Inc. (LTRX) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Lantronix, Inc. (LTRX) Soars 8.6%: Is Further Upside Left in the Stock?

Lantronix, Inc. (LTRX) CEO Paul Pickle on Q3 2021 Results - Earnings Call Transcript

IRVINE, Calif., April 29, 2021 (GLOBE NEWSWIRE) -- In a release issued earlier today by Lantronix, Inc. (NASDAQ: LTRX), please note the first bullet point after the headline should read "Third Quarter Net Revenue Was $17.1 Million, Up 4% Year Over Year and 3% Sequentially" instead of "Second Quarter Net Revenue Was $17.1 Million, Up 4% Year Over Year and 3% Sequentially. The corrected release follows:

CORRECTING and REPLACING -- Lantronix Reports Third Quarter Fiscal 2021 Results

Lantronix, Inc. (LTRX) delivered earnings and revenue surprises of 150.00% and 1.83%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

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

MINNETONKA, Minn.--(BUSINESS WIRE)--Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), an IoT intelligent edge products and services company, today announced that it entered into a definitive securities purchase agreement (“Purchase Agreement”) with Lantronix, Inc. (Nasdaq: LTRX) (“Lantronix”), to sell the Company's Transition Networks and Net2Edge businesses to Lantronix for a base price of $25.0 million to be paid at closing, subject to a working capital adjustment following

Communications Systems to Sell its Transition Networks and Net2Edge Businesses for $25.0 Million Paid at Closing Plus up to an Additional $7.0 Million in Earnout Payments

IRVINE, Calif., April 29, 2021 (GLOBE NEWSWIRE) -- Lantronix, Inc. (NASDAQ: LTRX), a global provider of software as a service (“SaaS”), connectivity services, engineering services, and intelligent hardware solutions for the Internet of Things (IoT) and Remote Environment Management (REM), today reported results for the third quarter of fiscal 2021 that ended March 31, 2021.

Lantronix Reports Third Quarter Fiscal 2021 Results

IRVINE, Calif., April 29, 2021 (GLOBE NEWSWIRE) -- Lantronix Inc. (“Lantronix”) (NASDAQ: LTRX), a global provider of Software as a Service (SaaS), connectivity services, engineering services, intelligent hardware and turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM), today announced that it has entered into a definitive Securities Purchase Agreement to acquire Transition Networks and Net2Edge, which comprises the Electronics and Software reportable business segment of Communications Systems Inc. (NASDAQ: JCS) (“CSI”).

Lantronix Announces Definitive Agreement to Acquire Electronics and Software Reportable Business Segment From Communications Systems Inc.

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Lantronix Supports Medical Informatics Corp. in Development of Sickbay IoT Solution

Lantronix, Inc.: Small IoT Provider With Positive Financial Maturation

Lantronix, Inc. (LTRX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Lantronix, Inc. (LTRX) Reports Next Week: What to Know Ahead of the Release

IRVINE, Calif., April 19, 2021 (GLOBE NEWSWIRE) -- Lantronix, Inc. (the “Company”) (NASDAQ: LTRX), a global provider of Software as a Service (SaaS), connectivity services, engineering services, intelligent hardware and turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM), today announced it will release financial results for its fiscal 2021 third quarter ended March 31, 2021, on April 29, 2021, after the close of the market.

Lantronix to Report Fiscal 2021 Third Quarter Results on April 29, 2021

Case Study: Lantronix Engineering Services Case Study: Lantronix Engineering Services

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