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Recap: Lantronix Q2 Earnings

Author: Benzinga Insights | February 08, 2024 05:15pm

Lantronix (NASDAQ:LTRX) reported its Q2 earnings results on Thursday, February 8, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Lantronix reported in-line EPS of $0.08 versus an estimate of $0.08.

Revenue was up $5.53 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 20.0% increase in the share price the next day.

Here's a look at Lantronix's past performance:

Quarter Q1 2024 Q4 2023 Q3 2023 Q2 2023
EPS Estimate 0.03 0.06 0.07 0.03
EPS Actual 0.07 0.06 0.06 0.04
Revenue Estimate 31.62M 34.43M 35.14M 31.87M
Revenue Actual 33.03M 34.92M 32.96M 31.51M

To track all earnings releases for Lantronix visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: LTRX

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