Welcome to our dedicated page for Lantronix news (Ticker: $LTRX), a resource for investors and traders seeking the latest updates and insights on Lantronix stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Lantronix's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Lantronix's position in the market.
Rhea-AI Summary
Lantronix Inc. (NASDAQ: LTRX) announced the appointment of Saleel Awsare, president and CEO, to its Board of Directors. Mr. Awsare has been granted 470,255 RSUs, 235,127 PSUs tied to FY24 performance, and 223,931 PSUs tied to relative TSR, subject to vesting conditions. The awards are in accordance with NASDAQ Listing Rule 5635(c)(4).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.19%
Tags
-
Rhea-AI Summary
Lantronix Inc. (NASDAQ: LTRX) reported first quarter net revenue of $33 million, down 5 percent sequentially and up 4 percent year-over-year. GAAP EPS was ($0.05), and non-GAAP EPS was $0.07. The company expects revenue for fiscal year 2024 in a range of $175 million to $185 million and non-GAAP EPS in a range of $0.50 to $0.60 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20%
Tags
-
Rhea-AI Summary
Lantronix Inc. announces that Saleel Awsare, former Senior Vice President and General Manager at Synaptics, will join the company as President and CEO effective November 20, 2023. Awsare's experience in driving market valuation and leading growth makes him a valuable addition to Lantronix.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.67%
Tags
Rhea-AI Summary
Lantronix Inc. will release financial results for its fiscal 2024 first quarter on Nov. 8, 2023. The company is a global provider of secure turnkey solutions for the Industrial Internet of Things and the Intelligent IT market. Investors can access a live conference call and webcast at 2:00 p.m. PT on Nov. 8. A replay of the conference call will be available on the Lantronix website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.42%
Tags
-
News
Rhea-AI Summary
Lantronix Inc. expands its embedded product line with the new Snapdragon Ride SX Automotive Development Platform (ADP). The platform is designed to enable the rapid creation of customizable infotainment, cluster, and driver monitoring systems for next-generation vehicles. It features a backplane board that connects multiple plug-in cards for enhanced testing and debugging. The Snapdragon Ride SX ADP is based on Qualcomm Technologies' Snapdragon Ride and Cockpit Platforms, providing automakers with resources to develop cutting-edge applications. The latest-generation Snapdragon Cockpit Platform offers high-performance SoCs with low-power and thermal profiles, allowing over-the-air updates for the latest features and capabilities throughout the vehicle's lifecycle.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.39%
Tags
-
Rhea-AI Summary
Lantronix Chairman Paul Folino passes away
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.94%
Tags
Rhea-AI Summary
Lantronix expands G520 series routers with G528 5G and G526 4G CAT-4 routers
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.51%
Tags
-
Rhea-AI Summary
Lantronix Inc. reports Q4 net revenue of $34.9M, up 6% sequentially and down 3% YoY. GAAP EPS is ($0.05), non-GAAP EPS is $0.06. FY2024 revenue expected in range of $175M to $185M, non-GAAP EPS in range of $0.50 to $0.60.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
28.25%
Tags
-
Rhea-AI Summary
Lantronix Inc. to release Q4 2023 financial results on September 7, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.3%
Tags
Rhea-AI Summary
Lantronix Inc. has announced the winners of its SmartEdge Partner Program Awards, recognizing its top channel partners of 2023. Awards were given in three regions: North America, Asia Pacific, and Europe, Middle East, and Africa. The winners include Securitas, CPV Micro, Industrial Networking Solutions, Acromax Inc., Beijing Botoo Zhilian, Videotechnica, Sheeltron Digital Systems Pvt Ltd., Atlantik Elektronik, Wesco Anixter, Data Equipment, and Tritech.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.93%
Tags
Lantronix, Inc.
Nasdaq:LTRX
LTRX Rankings
LTRX Stock Data
150.70M
30.45M
18.88%
41.11%
0.67%
Electronic Computer Manufacturing
Manufacturing
United States of America
IRVINE
About LTRX
lantronix, inc. is a global provider of secure data access and management solutions for internet of things (iot) assets. our mission is to be the leading supplier of iot solutions that enable companies to dramatically simplify the creation, deployment, and management of iot projects while providing secure access to data for applications and people. with more than two decades of experience in creating robust machine to machine (m2m) technologies, lantronix is an innovator in enabling our customers to build new business models and realize the possibilities of the internet of things. our connectivity solutions are deployed inside millions of machines serving a wide range of industries, including data center, medical, security, industrial, transportation, retail, financial, environmental and government.