Lantronix, Inc. (LTRX) Matches Q3 Earnings Estimates
From : 2025-05-08 18:05:00
Lantronix, Inc. (LTRX) reported quarterly earnings of $0.03 per share, in line with expectations but down from $0.11 per share last year. The company missed revenue estimates with $28.5 million, compared to $41.18 million last year. Lantronix shares have dropped 48.3% this year. Cisco Systems (CSCO) is expected to report earnings on May 14, with estimated quarterly earnings of $0.91 per share, up 3.4% year-over-year.
Investors are wondering about Lantronix’s future performance. Earnings estimates for the coming quarters are mixed, with a Zacks Rank #3 (Hold) currently. Analysts expect earnings of $0.05 per share for the next quarter and $0.18 for the fiscal year. The company’s industry, Computer – Networking, ranks in the bottom 37% of Zacks industries, impacting stock performance.
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