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

Lantronix

29/04/2021 20:27

* Lantronix Inc  LTRX.OQ  reported quarterly adjusted earnings
of 5 cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for earnings
of 3 cents per share.
* Revenue rose 3.6% to $17.11 million from a year ago​; 
analysts expected $17.10 million.
* Lantronix Inc's reported EPS for the quarter was a loss of 4
cents​.
* The mean earnings estimate of analysts had fallen by
about 52.9% 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 4.6% this quarter and
gained 7.7% so far this year.
* The company reported a quarterly loss of $1.19 million.
* Wall Street's median 12-month price target for Lantronix Inc
is $6.00 
* 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 April 29 at 07:27 p.m. GMT.
​All figures in US Dollars.​