Lantronix (LTRX) Tops Q1 EPS by 8c
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Lantronix Reports Fiscal 2016 First Quarter Financial Results
October 29, 2015 4:05 PM EDTIRVINE, CA -- (Marketwired) -- 10/29/15 -- Lantronix, Inc. (the "Company") (NASDAQ: LTRX) a specialized networking company providing smart IoT and M2M solutions, today reported results for its first fiscal quarter ended September 30, 2015.
Quarterly Financial Highlights
Net revenue of $10.6 million Gross profit margin of 47.9% GAAP net loss of $331,000 or $0.02 per share Non-GAAP net income of $124,000 or $0.01 per share Cash and cash equivalents of $4.7 million"We were pleased to achieve sequential topline growth and a return to non-GAAP profitability during the first fiscal... More
