Lantronix earnings beat by $0.01, revenue topped estimates

Lantronix, a technology company listed on the NASDAQ under the ticker symbol LTRX, reported its first quarter earnings for the fiscal year 2027. The company's earnings per share (EPS) stood at $0.050, which was $0.01 higher than the analyst's estimate of $0.040. This marked a beat of expectations for Lantronix in terms of earnings.

Revenue for the same period was reported at $32.36 million, surpassing the consensus estimate of $31.83 million. Looking ahead to the second quarter of 2027, Lantronix anticipates an EPS range of $0.040 to $0.060, which is above the analyst's consensus figure of $0.040. The company also expects its revenue in the same period to be between $32.500 million and $34.500 million, exceeding the projected $33.410 million estimate by the analysts.

As of the last trading day, Lantronix's stock price closed at $5.45. Over the past three months, the stock has experienced a decline of 10.510%, whereas it has seen an 8.780% increase over the past 12 months. The analysts have noted that Lantronix has received no positive EPS revisions and two negative revisions over the past 90 days, indicating a mixed sentiment among analysts.

Investing.com has assigned Lantronix a Financial Health score of 'fair performance,' reflecting the company's current market position. Investors can explore Lantronix's recent earnings performance and financials on the Investing.com platform. To keep abreast of upcoming earnings reports for Lantronix and other companies, visitors are encouraged to utilize the earnings calendar provided by Investing.com.