Craig-Hallum Initiates Coverage On Lantronix with Buy Rating, Announces Price Target of $11
Craig-Hallum analyst Christian Schwab initiates coverage on Lantronix (NASDAQ:LTRX) with a Buy rating and announces Price Target of $11.
Lantronix Expands Engineering Services To EMEA With New Design Center In Germany
Lantronix Inc. (NASDAQ:LTRX), a global provider of secure turnkey solutions for the Internet of Things (IoT), today announced the opening of its new Lantronix Design Center in Ilmenau, Germany, in support of its EMEA
Why Are Lantronix’s Shares Trading Higher Today?
Networking company Lantronix Inc (NASDAQ:LTRX) just posted its Q4 revenue of $20.6 million above the consensus of $19.3…
Roth Capital Maintains Buy on Lantronix, Raises Price Target to $10
Roth Capital analyst Scott Searle maintains Lantronix (NASDAQ:LTRX) with a Buy and raises the price target from $9 to $10.
Needham Maintains Buy on Lantronix, Raises Price Target to $7
Needham analyst Ryan Koontz maintains Lantronix (NASDAQ:LTRX) with a Buy and raises the price target from $6.5 to $7.
Recap: Lantronix Q4 Earnings
Shares of Lantronix (NASDAQ:LTRX) moved higher by 9.9% in after-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share increased 50.00% over the past year to $0.06, which beat the estimate of $0.05.
Lantronix Q4 EPS $0.06 Beats $0.05 Estimate, Sales $20.60M Beat $19.27M Estimate
Lantronix (NASDAQ:LTRX) reported quarterly earnings of $0.06 per share which beat the analyst consensus estimate of $0.05 by 20 percent. This is a 50 percent increase over earnings of $0.04 per share from the same period
Earnings Scheduled For August 26, 2021
Companies Reporting Before The Bell
• Gambling.com Gr (NASDAQ:GAMB) is likely to report quarterly earnings at $0.07 per share on revenue of $10.38 million.
Earnings Outlook For Lantronix
Lantronix (NASDAQ:LTRX) releases its next round of earnings this Thursday, August 26. Here is Benzinga's essential guide to Lantronix's Q4 earnings report.