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.

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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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IRVINE, Calif., April 23, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of compute and connectivity IoT solutions, today announced that Lantronix CEO Saleel Awsare and CFO Jeremy Whitaker will participate in one-on-one meetings with investors at the 21st Annual Craig-Hallum Institutional Investor Conference to be held on May 29, 2024, at the Depot Renaissance Hotel in Minneapolis.

Lantronix to Participate in the 21st Annual Craig-Hallum Institutional Investor Conference on May 29, 2024

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming April 23, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Lantronix, Inc. (“Lantronix” or the “Company”) (NASDAQ: LTRX) securities between May 11, 2023 and February 8, 2024, inclusive (the “Class Period”). If you are a shareholder who suffered a loss, click here to participate. On February 8, 2024, Lantronix released its second quarter 2024.

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Lantronix, Inc. (LTRX)

NEW YORK, NY / ACCESSWIRE / April 22, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/lantronix-inc-lawsuit-submission-form?prid=76627&wire=1 or contact Joseph E. Levi, Esq.

Shareholders that lost money on Lantronix, Inc.(LTRX) should contact Levi & Korsinsky about pending Class Action - LTRX

NEW YORK , April 22, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Lantronix, Inc. (NASDAQ: LTRX) between May 11, 2023 and February 8, 2024, both dates inclusive (the "Class Period"), of the important April 23, 2024 lead plaintiff deadline. SO WHAT: If you purchased Lantronix securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

LTRX DEADLINE TOMORROW: ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Lantronix, Inc. Investors to Secure Counsel Before Important April 23 Deadline in Securities Class Action - LTRX

NEW YORK, NY / ACCESSWIRE / April 22, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/lantronix-inc-lawsuit-submission-form?prid=76607&wire=1 or contact Joseph E. Levi, Esq.

Investors who lost money on Lantronix, Inc.(LTRX) should contact Levi & Korsinsky about pending Class Action - LTRX

NEW YORK, NY / ACCESSWIRE / April 22, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/lantronix-inc-lawsuit-submission-form?prid=76610&wire=1 or contact Joseph E. Levi, Esq.

Levi & Korsinsky Notifies Lantronix, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - LTRX

NEW YORK , April 22, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Lantronix, Inc. ("Lantronix, Inc." or the "Company") (NASDAQ: LTRX) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Lantronix, Inc. investors who were adversely affected by alleged securities fraud between May 11, 2023 and February 8, 2024.

Lantronix, Inc. Class Action: Levi & Korsinsky Reminds Lantronix, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 23, 2024 - LTRX

NEW YORK, NY / ACCESSWIRE / April 22, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/lantronix-inc-lawsuit-submission-form?prid=76484&wire=1 or contact Joseph E. Levi, Esq.

Contact Levi & Korsinsky by April 23, 2024 Deadline to Join Class Action Against Lantronix, Inc. (LTRX)

NEW YORK, NY / ACCESSWIRE / April 21, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/lantronix-inc-lawsuit-submission-form?prid=76428&wire=1 or contact Joseph E. Levi, Esq.

Shareholders that lost money on Lantronix, Inc.(LTRX) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More

NEW YORK, NY / ACCESSWIRE / April 21, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/lantronix-inc-lawsuit-submission-form?prid=76387&wire=1 or contact Joseph E. Levi, Esq.

Lantronix, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before April 23, 2024 to Discuss Your Rights - LTRX

LOS ANGELES, CA / ACCESSWIRE / April 21, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Lantronix, Inc. ("Lantronix" or "the Company") (NASDAQ:LTRX) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between May 11, 2023 and February 21, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before April 23, 2024.

FINAL DEADLINE MONDAY: The Schall Law Firm Encourages Investors in Lantronix, Inc. with Losses to Contact the Firm

NEW YORK, NY / ACCESSWIRE / April 20, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/lantronix-inc-lawsuit-submission-form?prid=76364&wire=1 or contact Joseph E. Levi, Esq.

Lantronix, Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky for More Information - LTRX

NEW YORK , April 20, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Lantronix, Inc. ("Lantronix" or the "Company") (NASDAQ: LTRX) and certain officers. The class action, filed in the United States District Court for the Central District of California, and docketed under 24-cv-00385, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Lantronix securities between May 11, 2023 and February 8, 2024, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Lantronix, Inc. of Class Action Lawsuit and Upcoming Deadlines - LTRX

NEW YORK , April 19, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Lantronix, Inc. (NASDAQ: LTRX). Shareholders who purchased shares of LTRX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment.

Lantronix, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - LTRX

NEW YORK, NY / ACCESSWIRE / April 18, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/lantronix-inc-lawsuit-submission-form?prid=76190&wire=1 or contact Joseph E. Levi, Esq.

Lantronix, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before April 23, 2024 to Discuss Your Rights – LTRX

NEW YORK, NY / ACCESSWIRE / April 18, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/lantronix-inc-lawsuit-submission-form?prid=76141&wire=1 or contact Joseph E. Levi, Esq.

Investors in Lantronix, Inc. Should Contact Levi & Korsinsky Before April 23, 2024 to Discuss Your Rights - LTRX

LOS ANGELES , April 18, 2024 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Lantronix, Inc. ("Lantronix" or the "Company") (NASDAQ: LTRX).

LTRX Investors Have Opportunity to Lead Lantronix, Inc. Securities Fraud Lawsuit

NEW YORK, NY / ACCESSWIRE / April 18, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/lantronix-inc-lawsuit-submission-form?prid=76063&wire=1 or contact Joseph E. Levi, Esq.

Lantronix, Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before April 23, 2024 to Discuss Your Rights - LTRX

LOS ANGELES, CA / ACCESSWIRE / April 18, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Lantronix, Inc. ("Lantronix" or "the Company") (NASDAQ:LTRX) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between May 11, 2023 and February 21, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before April 23, 2024.

IMPORTANT FINAL DEADLINE NOTICE: The Schall Law Firm Encourages Investors in Lantronix, Inc. with Losses to Contact the Firm

IRVINE, Calif., April 18, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of compute and connectivity IoT solutions announced that it published today its case study focusing on deployment of its Out-of-Band (OOB) solutions and accompanying Level Technical Services by a leading financial services company.

Lantronix Case Study focuses on Reliable and Secure Support Provided to Financial Services Industry by its Out-of-Band Solutions

NEW YORK, NY / ACCESSWIRE / April 18, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/lantronix-inc-lawsuit-submission-form?prid=76018&wire=1 or contact Joseph E. Levi, Esq.

LTRX LAWSUIT ALERT: Levi & Korsinsky Notifies Lantronix, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK, NY / ACCESSWIRE / April 17, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/lantronix-inc-lawsuit-submission-form?prid=75988&wire=1 or contact Joseph E. Levi, Esq.

Lantronix, Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before April 23, 2024 to Discuss Your Rights – LTRX

NEW YORK, NY / ACCESSWIRE / April 17, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/lantronix-inc-lawsuit-submission-form?prid=75970&wire=1 or contact Joseph E. Levi, Esq.

Lantronix, Inc. Class Action: Levi & Korsinsky Reminds Lantronix, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 23, 2024 – LTRX

Lantronix (LTRX) adds two new edge compute trackers - the FOX4 and Bolero 43 - to its portfolio of telematic gateways.

Lantronix (LTRX) Introduces Two New Edge Compute Trackers

NEW YORK, NY / ACCESSWIRE / April 17, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/lantronix-inc-lawsuit-submission-form?prid=75926&wire=1 or contact Joseph E. Levi, Esq.

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