Lantronix Inc
NASDAQ:LTRX

  • LAST PRICE
    3.9000
  • TODAY'S CHANGE (%)
    0.0800 (2.0942%)
  • Bid / Lots
    3.4500/ 1
  • Ask / Lots
    3.7000/ 1
  • Open / Previous Close
    3.8600 / 3.8200
  • Day Range
    3.8350
    4.0095
  • 52 Week Range
    3.0800
    6.9500
  • Volume
    431,525

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  • Yesterday

      Show headlines and story abstract

    • 5 hours ago by Dow Jones
      Companies Mentioned: LTRX, PINS

      By Connor Hart

      Pinterest posted quarterly revenue gains only slightly above Wall Street estimates and guided for an increase in operating expenses. The social-media platform's third-quarter revenue jumped 18%, to $898.4 million, just beating the $896.9 million that Wall Street forecast, according to FactSet. The company is investing in artificial-intelligence to personalize experiences and add value to advertisers, but those investments are costly. The company expects operating expenses between $495 million and $510 million in the fourth quarter, marking an increase of between 11% and 14% from last year. Shares fall 11%, to $30.20, in after-hours trading.

    • 6 hours ago by Dow Jones
      Companies Mentioned: LTRX

      By Connor Hart

      Lantronix will acquire DSZ's NetComm enterprise portfolio for $6.5 million in a deal the company said expands its next-generation 5G capabilities.

      The acquisition, financed in cash together with the assumption of certain liabilities, is expected to close during the fiscal second quarter subject to certain conditions, Lantronix said Thursday.

    • 8 hours ago by MT Newswires
      Companies Mentioned: LTRX
      04:29 PM EST, 11/07/2024 (MT Newswires) -- ...

    • 8 hours ago by MT Newswires
      Companies Mentioned: LTRX
      04:28 PM EST, 11/07/2024 (MT Newswires) -- ...

    • 8 hours ago by Dow Jones
      Companies Mentioned: LTRX
      per share - diluted $ 0.06 $ 0.15 $ 0.07 ========= ====== ========= Denominator for GAAP net income (loss) per share - diluted 38,024 38,096 36,982 Non-GAAP adjustment 1,257 771 693 --------- ------ --------- Denominator for non-GAAP net income per share - diluted 39,281 38,867 37,675 ========= ====== ========= GAAP cost of revenue $ 19,948 $30,353 $ 18,934 Non-GAAP adjustments to cost of revenue (192) (317) (448) --------- ------ --------- Non-GAAP cost of revenue 19,756 30,036 18,486 --------- ------ --------- Non-GAAP gross profit $ 14,667 $19,039 $ 14,545 ========= ====== ========= Non-GAAP gross margin 42.6% 38.8% 44.0% ========= ====== ========= LANTRONIX, INC. UNAUDITED NET REVENUES BY PRODUCT LINE AND REGION (In thousands) Three Months Ended -------------------------------------------- September 30, June 30, September 30, 2024 2024 2023 Embedded IoT Solutions $ 13,387 $ 11,364 $ 11,373 IoT System Solutions 18,759 35,603 19,036 Software & Services 2,277 2,108 2,622 $ 34,423 $ 49,075 $ 33,031 === ========== ====== =========== Three Months Ended -------------------------------------------- September 30, June 30, September 30, 2024 2024 2023 --- ---------- ------ ----------- Americas $ 17,420 $ 17,126 $ 22,933 EMEA 10,484 26,194 6,591 Asia Pacific Japan 6,519 5,755 3,507 $ 34,423 $ 49,075 $ 33,031 === ========== ====== ===========

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