Lantronix (LTRX) Tops Q3 EPS by 1c
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Global Technology Provider Adds Lantronix Award-Winning xPrintServer Mobile Printing Solution to Its Line of Network Accessories
April 29, 2015 4:30 PM EDTIRVINE, 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
Lantronix Reports Fiscal 2015 Third Quarter Financial Results
April 29, 2015 4:06 PM EDTIRVINE, 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... More