Lantronix (NASDAQ:LTRX) Issues Q2 2027 Earnings Guidance

Key Points

• Lantronix guided to Q2 2027 EPS of $0.04–$0.06 and revenue of $32.5 million–$34.5 million, versus analyst estimates of $0.04 EPS and $33.5 million in revenue.
• In its latest quarter, revenue rose 8.6% year over year to $32.4 million and adjusted EPS of $0.05 beat estimates; Embedded IoT Solutions revenue grew 37%.
• Profitability and cash flow remained weak, with a $463,000 net loss and $2.5 million in negative operating cash flow. Analysts’ consensus rating was Moderate Buy, with a $10.80 price target.

Lantronix (NASDAQ:LTRX - Get Free Report) issued an update on its second quarter 2027 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.040-0.060 for the period, compared to the consensus estimate of 0.040. The company issued revenue guidance of $32.5 million-$34.5 million, compared to the consensus revenue estimate of $33.5 million.

Wall Street Analysts Forecast Growth

LTRX has been the subject of a number of research reports. Needham & Company LLC reiterated a "buy" rating and set a $11.00 target price on shares of Lantronix in a research note on Thursday, August 27th. Wall Street Zen raised shares of Lantronix from a "hold" rating to a "buy" rating in a research note on Saturday, August 29th. JonesTrading began coverage on Lantronix in a report on Wednesday, July 15th. They set a "buy" rating and a $12.00 price objective for the company. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Lantronix in a report on Thursday, October 15th. Finally, Lake Street Capital upped their price target on shares of Lantronix from $8.00 to $10.00 and gave the stock a "buy" rating in a research report on Friday, September 18th. Six analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $10.80.

Lantronix Price Performance

Shares of Lantronix stock opened at $5.45 on Tuesday. Lantronix has a fifty-two week low of $4.40 and a fifty-two week high of $8.75. The firm has a 50 day simple moving average of $6.01 and a 200 day simple moving average of $6.07.

Lantronix (NASDAQ:LTRX - Get Free Report) last issued its quarterly earnings results on Monday, November 9th. The technology company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.04 by $0.01. Lantronix had a negative net margin of 3.46% and a negative return on equity of 4.88%. The firm had revenue of $32.37 million for the quarter, compared to analysts' expectations of $31.98 million. On average, analysts expect that Lantronix will post 0.10 EPS for the current year.

Insider Buying and Selling

In related news, CEO Saleel Awsare bought 15,000 shares of Lantronix stock in a transaction on Wednesday, September 9th. The stock was acquired at an average price of $5.18 per share, with a total value of $77,700.00. Following the acquisition, the chief executive officer directly owned 453,381 shares of the company's stock, valued at $2,348,513.58. This represents a 3.42% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 2.80% of the company's stock.

Key Stories Impacting Lantronix

Here are the key news stories impacting Lantronix this week:

• Positive Sentiment: Revenue increased 8.6% year over year to $32.4 million, slightly above the $32.0 million analyst estimate. Adjusted earnings of $0.05 per share topped the $0.04 consensus. Zacks earnings report
• Positive Sentiment: Embedded IoT Solutions revenue grew 37% year over year, offering investors evidence of strong growth in a key business area. The Motley Fool article
• Negative Sentiment: Profitability and cash generation were weak: Lantronix reported a $558,000 operating loss, a $463,000 net loss, and negative operating cash flow of $2.5 million. The company ended the quarter with $37.6 million in cash. Quiver Quantitative earnings summary

About Lantronix

Lantronix, Inc NASDAQ: LTRX is a provider of Internet of Things (IoT) and edge-computing solutions that help organizations connect, manage, and secure devices and equipment. The company serves customers in industrial, enterprise, transportation, healthcare, smart-city, and other applications where reliable remote connectivity and device management are required.

Its portfolio includes embedded networking modules, industrial and cellular gateways, routers, out-of-band management products, and software for remotely provisioning, monitoring, and managing connected devices.

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