Lantronix (NASDAQ:LTRX) Issues Quarterly Earnings Results, Misses Estimates By $0.13 EPS

Lantronix (NASDAQ:LTRXGet Free Report) announced its quarterly earnings data on Thursday. The technology company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.13), Zacks reports. Lantronix had a negative net margin of 3.17% and a negative return on equity of 2.91%. Lantronix updated its Q3 2025 guidance to 0.010-0.050 EPS.

Lantronix Stock Performance

Shares of LTRX traded up $0.01 during trading hours on Thursday, reaching $4.20. 484,971 shares of the company traded hands, compared to its average volume of 370,711. The company has a quick ratio of 1.78, a current ratio of 2.61 and a debt-to-equity ratio of 0.16. The business has a fifty day moving average price of $3.71 and a 200-day moving average price of $3.70. Lantronix has a 12-month low of $2.48 and a 12-month high of $5.97. The stock has a market capitalization of $161.57 million, a P/E ratio of -30.00 and a beta of 1.94.

Analyst Ratings Changes

A number of analysts recently issued reports on LTRX shares. StockNews.com lowered Lantronix from a “strong-buy” rating to a “buy” rating in a report on Monday, November 11th. Needham & Company LLC restated a “buy” rating and set a $5.50 target price on shares of Lantronix in a report on Tuesday, January 21st. Finally, Canaccord Genuity Group lowered their price target on shares of Lantronix from $7.50 to $5.00 and set a “buy” rating on the stock in a report on Tuesday, November 12th. Six investment analysts have rated the stock with a buy rating, According to MarketBeat, Lantronix has a consensus rating of “Buy” and a consensus target price of $6.50.

View Our Latest Report on LTRX

Insider Buying and Selling

In related news, Director Hoshi Printer purchased 15,000 shares of Lantronix stock in a transaction that occurred on Tuesday, November 26th. The stock was bought at an average cost of $2.90 per share, for a total transaction of $43,500.00. Following the completion of the transaction, the director now owns 176,075 shares in the company, valued at $510,617.50. The trade was a 9.31 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Saleel Awsare acquired 80,000 shares of the stock in a transaction on Wednesday, November 13th. The stock was bought at an average price of $2.66 per share, for a total transaction of $212,800.00. Following the transaction, the chief executive officer now owns 233,184 shares in the company, valued at approximately $620,269.44. This represents a 52.22 % increase in their position. The disclosure for this purchase can be found here. 1.60% of the stock is currently owned by company insiders.

Lantronix Company Profile

(Get Free Report)

Lantronix, Inc provides solutions for video surveillance, infotainment systems, and intelligent substations infrastructure in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan. The company's IoT products include IoT System Solutions, which provide wired and wireless connections that enhance the value and utility of modern electronic systems and equipment through secure network connectivity, power for IoT end devices through Power over Ethernet, application hosting, protocol conversion, media conversion, secure access for distributed IoT deployments, and various other functions; Embedded IoT Modules, such as application processing delivering compute to meet customer needs for data transformation, computer vision, machine learning, augmented/virtual reality, audio/video aggregation and distribution, and custom applications; and Software and Engineering Services offers SaaS platform that enables customers to deploy, monitor, manage, and automate across their global deployments through a single platform login.

Recommended Stories

Earnings History for Lantronix (NASDAQ:LTRX)

Receive News & Ratings for Lantronix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lantronix and related companies with MarketBeat.com's FREE daily email newsletter.