Lantronix Q4 revenue beats on Unmanned Systems growth

Lantronix

26/08/2026 21:15

Overview
U.S. Edge AI & IoT provider's fiscal Q4 revenue rose 8% yr/yr, beating analyst expectations
Adjusted EPS for fiscal Q4 met analyst expectations
Company expects double-digit revenue growth in fiscal 2027

Outlook
Lantronix sees Q1 FY2027 revenue between $31 mln and $33 mln
Company expects Q1 FY2027 non-GAAP EPS of $0.04 to $0.06
Lantronix expects double-digit revenue growth in fiscal 2027

Result Drivers
UNMANNED SYSTEMS GROWTH - Co said unmanned systems revenue rose to $12.6 mln in FY26 from minimal contribution a year ago, supported by new partnerships and expanded engagements
RECURRING REVENUE EXPANSION - Acquisition of Vecima Networks' Industrial IoT business and Nero Global Tracking SaaS platform increased recurring revenue and software/services above 10% of total revenue
STRATEGIC FOCUS MOMENTUM - Co cited strong momentum across unmanned systems, critical infrastructure, and enterprise networking as key drivers of Q4 performance

Company press release: ID:nGNX5NKc4b

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$31.15 mln
$30.72 mln (6 Analysts)
Q4 Adjusted EPS
Meet
$0.04
$0.04 (6 Analysts)
Q4 Net Loss
 
$269,000
 
Q4 Gross Profit
 
$13.61 mln
 
Q4 Income From Operations
 
-$392,000
 
Q4 Loss Per Basic Share
 
$0.01
 
Q4 Pretax Loss
 
$309,000
 

Analyst Coverage
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 "buy"
Wall Street's median 12-month price target for Lantronix Inc is $10.50, about 79.2% above its August 25 closing price of $5.86
The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 23 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)