Lantronix (LTRX) Tops Q4 EPS by 1c
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Lantronix Reports Fiscal 2015 Financial Results
August 20, 2015 4:05 PM EDTIRVINE, CA -- (Marketwired) -- 08/20/15 -- Lantronix, Inc. (the "Company") (NASDAQ: LTRX), a specialized networking company providing smart IoT and M2M solutions, today reported results for its fourth quarter and fiscal year ended June 30, 2015.
Financial Highlights for Fiscal Year 2015
Net revenue of $42.9 million New Product revenue growth of 48% Gross profit margin of 47.3% GAAP net loss of $2.8 million or $0.19 per share Non-GAAP net loss of $767,000 or $0.05 per share Cash and cash equivalents of $5.0 million"During fiscal 2015, we continued to execute... More
