Lantronix (LTRX) to Release Quarterly Earnings on Monday

Lantronix (NASDAQ:LTRX - Get Free Report) is anticipated to announce its Q3 2025 earnings results before the market opens on Monday, May 5th. Analysts expect Lantronix to post earnings of $0.03 per share and revenue of $29.12 million for the quarter.

Lantronix (NASDAQ:LTRX - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The technology company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.13). Lantronix had a negative return on equity of 2.62% and a negative net margin of 3.15%. On average, analysts expect Lantronix to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Lantronix Trading Up 3.2 %

Shares of LTRX traded up $0.07 on Friday, hitting $2.25. 273,046 shares of the stock traded hands, compared to its average volume of 321,777. Lantronix has a 1 year low of $1.91 and a 1 year high of $4.55. The stock's 50 day moving average is $2.39 and its two-hundred day moving average is $3.13. The firm has a market capitalization of $87.28 million, a P/E ratio of -17.31 and a beta of 1.82. The company has a quick ratio of 1.69, a current ratio of 2.56 and a debt-to-equity ratio of 0.15.

Insider Buying and Selling

In other news, CEO Saleel Awsare purchased 15,000 shares of the company's stock in a transaction on Friday, February 28th. The stock was bought at an average cost of $2.53 per share, for a total transaction of $37,950.00. Following the completion of the purchase, the chief executive officer now directly owns 253,380 shares of the company's stock, valued at $641,051.40. The trade was a 6.29 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Kevin S. Palatnik acquired 20,000 shares of Lantronix stock in a transaction dated Friday, February 28th. The stock was purchased at an average cost of $2.54 per share, for a total transaction of $50,800.00. Following the completion of the purchase, the director now directly owns 20,000 shares in the company, valued at approximately $50,800. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders have bought 50,000 shares of company stock valued at $129,250. 1.60% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Canaccord Genuity Group reduced their price target on Lantronix from $5.00 to $4.50 and set a "buy" rating on the stock in a research note on Friday, February 7th. Lake Street Capital decreased their price target on Lantronix from $6.00 to $5.00 and set a "buy" rating on the stock in a research note on Friday, February 7th. Finally, Needham & Company LLC restated a "buy" rating and issued a $5.50 price target on shares of Lantronix in a report on Tuesday, January 21st. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, Lantronix has a consensus rating of "Buy" and a consensus price target of $6.00.

Lantronix Company Profile

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.