Lantronix Inc reports results for the quarter ended June 30 - Earnings Summary
Lantronix Inc reports results for the quarter ended June 30 - Earnings Summary
Lantronix Inc LTRX.OQ reported quarterly adjusted earnings of 4 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 1 cents. The mean expectation of six analysts for the quarter was for earnings of 4 cents per share. Wall Street expected results to range from 3 cents to 4 cents per share.
Revenue rose 8% to $31.15 million from a year ago; analysts expected $30.72 million.
Lantronix Inc's reported EPS for the quarter was a loss of 1 cent.
The company reported a quarterly loss of $269 thousand.
Lantronix Inc shares had fallen by 0.3% this quarter and held steady so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 4.6% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the communications & networking peer group is also "buy"
Wall Street's median 12-month price target for Lantronix Inc is $10.50, about 44.2% above its last closing price of $5.86
This summary was machine generated from LSEG data August 26 at 09:58 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.04 | 0.04 | Met |
Mar. 31 2026 | 0.04 | 0.04 | Met |
Dec. 31 2025 | 0.03 | 0.04 | Beat |
Sep. 30 2025 | 0.03 | 0.04 | Beat |
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