Lantronix Reports Second Quarter Fiscal 2019 Net Revenue of $12.1M

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Lantronix, Inc. (LTRX) PT Lowered to $4.50 at Needham & Company Following 2Q Report

January 25, 2019 8:15 AM EST

Needham & Company analyst Richard Valera lowered the price target on Lantronix, Inc. (NASDAQ: LTRX) to $4.50 (from $5.50) while maintaining a Buy rating following the company's 2Q earnings report. Revenue of $12.1MM beat consensus of $11.9MM. NG EPS of $0.03 was above Needham & Company's $0.02 and in line... More