Lantronix Inc reports results for the quarter ended in June - Earnings Summary

Lantronix

26/08/2021 22:14

* Lantronix Inc  LTRX.OQ  reported quarterly adjusted earnings
of 6 cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for earnings
of 5 cents per share.
* Revenue rose 18.6% to $20.64 million from a year ago; 
analysts expected $19.27 million. 
* Lantronix Inc's reported EPS for the quarter was a loss of 4
cents​.
* The mean earnings estimate of analysts was unchanged in the
last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Lantronix Inc shares had risen by 0.2% this quarter and
gained 16.4% so far this year.
* The company reported a quarterly loss of $1.1 million.
* Wall Street's median 12-month price target for Lantronix Inc
is $7.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 26 at 09:14 p.m.  ​All
figures in US dollars unless otherwise stated