Lantronix (LTRX) Tops Q3 EPS by 1c
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April 29, 2015 4:30 PM EDT
IRVINE, CA -- (Marketwired) -- 04/29/15 --
Lantronix, Inc. (NASDAQ: LTRX), a specialized networking company providing smart IoT and M2M solutions, announced that its xPrintServer - Office Edition mobile printing solution has been added to Ricoh's line of network accessories. Ricoh will resell the... More
April 29, 2015 4:06 PM EDT
IRVINE, CA -- (Marketwired) -- 04/29/15 --
Lantronix, Inc. (the "Company") (NASDAQ: LTRX), a specialized networking company providing smart IoT and M2M solutions, today reported results for its fiscal 2015 third quarter ended March 31, 2015.
Financial Highlights for the Third Quarter of Fiscal 2015:
Net revenue of $10.4 million
New product revenue grew by 33% year-over-year and 59% year-to-date
Gross profit margin of 45.1%
GAAP net loss of $839,000 or $0.06 per share
Non-GAAP net loss of $357,000 or $0.02 per share
Cash and cash equivalents of $5.6 million as of March 31, 2015...
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