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Lantronix Inc (NASDAQ: LTRX) |
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Lantronix Inc
Officers & Directors
PHILIP BRACE Director Baker Tilly US, LLP, has served as the Company s auditors since [date]. JEREMY WHITAKER Chief Financial Officer HOSHI PRINTER Director SALEEL AWSARE President, Chief Executive Officer and Director PHU HOANG Director JASON COHENOUR Director, Chairman of the Board CHRISTA STEELE Director ,
Lantronix Inc currently has 330 employees.
News about Lantronix Inc Key Personnel |
Lantronix Launches Edge AI Computing Module Amid Financial Hurdles: A Leap Forward or a False Dawn?In an era where digital transformation and edge computing are garnering significant attention, Lantronix Inc. has launched its latest product—the Open-Q 8550CS System-On-Module (SOM)—targeted explicitly at the burgeoning sector of Edge AI computing. The introduction of a production-ready SOM, which simplifies development and accelerates the time-to-market for innovative industrial Edge AI devices, comes at a critical juncture for the Irvine, California-based firm. Despite the product’s promise to revolutionize industrial applications, Lantronix faces daunting financial realities.In stark contrast to its a...
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Lantronix Expands Latin American Market Presence Through Strategic Partnership with Ion LATAM IRVINE, Calif. Feb. 18, 2025 – In a significant move towards enhancing its global footprint, Lantronix Inc. (NASDAQ: LTRX), recognized as a leader in compute and connectivity solutions for the Internet of Things (IoT), has announced a strategic partnership with Ion LATAM. This collaboration is poised to amplify Lantronix s market reach across Latin America, targeting key regions including Mexico, Central America, and South America. Broadening Market AccessThe partnership with Ion LATAM—a premier sales and marketing organization specializing in representing manufacturers—aims to provide an expansive channel th...
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Lantronix Inc, a prominent player in the computer networks industry, recently announced the departure of its Chief Financial Officer (CFO), a transition that brings both uncertainty and opportunity as the firm attempts to bolster its performance in a competitive landscape. With an experienced leadership team stepping up to oversee this transition, stakeholders are cautiously optimistic about the company s future direction.
As of now, Lantronix shares are trading on the NASDAQ, showing a modest gain of 1.6% above their 52-week average, indicating some resilience in investor confidence despite the turbulence at the executive level. However, this optimism is tempered by some challenging financial metr...
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In a recent announcement, Lantronix Inc, a leading provider of secure data access and management solutions, revealed that Christa Steele, a seasoned industry expert, will be joining the company s Board of Directors as an independent director. The effective date for this appointment is set for January 24, 2024. This decision comes at a crucial time for the company, as Lantronix has faced significant financial challenges in the past year.
During the 12 months ending in the first quarter of 2024, Lantronix Inc recorded a cumulative net loss of $-9 million. This unfortunate financial performance has resulted in a negative return on equity (ROE) of -11.88%. These figures indicate the company s strug...
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