Brief: Lantronix Announces Acquisition Of Uplogix

Lantronix

12/09/2022 22:22

Sept 12 (Reuters) - Lantronix Inc  LTRX.O :
    * LANTRONIX ANNOUNCES ACQUISITION OF UPLOGIX
    * LANTRONIX ANNOUNCES ACQUISITION OF UPLOGIX
    * LANTRONIX INC - ACQUISITION EXPECTED TO BE ACCRETIVE TO
LANTRONIX GAAP GROSS MARGINS
    * LANTRONIX INC - LANTRONIX EXPECTS ACQUISITION TO BE
ACCRETIVE TO
NON-GAAP EPS WITHIN FIRST SIX MONTHS POST-CLOSE
    * LANTRONIX INC - PROPOSED DEAL FOR ABOUT $8 MILLION IN CASH
WITH
AN ADDITIONAL PAYMENT OF UP TO $4 MILLION

Source text for Eikon:  ID:nGNXKcFKg 
Further company coverage:  LTRX.O 

 ((Reuters.Briefs@thomsonreuters.com;))