Lantronix (LTRX) Reports In-Line Q2 EPS, offers outlook

Lantronix (NASDAQ: LTRX) reported Q2 EPS of $0.08, in-line with the analyst estimate of $0.08. Revenue for the quarter came in at $37 million versus the consensus estimate of $37.59 million.

Business Outlook

For the third fiscal quarter of 2024, the company expects revenue in a range of $38 million to $42 million and non-GAAP EPS of $0.09 to $0.13 per share.

For fiscal year 2024, the company expects revenue in a range of $155 million to $165 million and non-GAAP EPS in a range of $0.35 to $0.45 per share.

For earnings history and earnings-related data on Lantronix (LTRX) click here.

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