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Lantronix Inc   (LTRX)
Other Ticker:  
 
    Sector  Technology    Industry Computer Networks
   Industry Computer Networks
   Sector  Technology
 
Price: $3.4900 $0.05 1.453%
Day's High: $3.5305 Week Perf: -7.92 %
Day's Low: $ 3.42 30 Day Perf: -17.3 %
Volume (M): 252 52 Wk High: $ 6.95
Volume (M$): $ 878 52 Wk Avg: $4.66
Open: $3.44 52 Wk Low: $3.38



 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) -
 Employees 150
 Revenues (TTM) (Millions $) 137
 Net Income (TTM) (Millions $) -9
 Cash Flow (TTM) (Millions $) 15
 Capital Exp. (TTM) (Millions $) 2

Lantronix Inc
Lantronix Inc. is a technology company that provides networking solutions for businesses and organizations. The company is headquartered in Irvine, California, and has offices in Europe and Asia. Lantronix designs and manufactures a variety of products including device servers, console management systems, and wireless networking devices.

The company's device servers allow businesses to remotely manage and control a variety of equipment and devices, such as printers, scanners, and industrial machinery, over a network. Lantronix's console management systems facilitate remote data center management and device control, and enable IT staff to diagnose and resolve issues in real-time.

Lantronix's wireless networking devices allow organizations to extend their network coverage and provide secure wireless access to employees and guests. The company's solutions are designed to improve network efficiency, reduce costs, and enhance security for businesses of all sizes.

Lantronix was founded in 1989 and has a long history of innovation in the networking industry. Over the years, the company has developed patented technologies and received numerous awards for its products. Lantronix is committed to providing reliable and high-performance networking solutions that help businesses stay connected and productive.

The company's customer base includes a diverse range of industries, such as healthcare, retail, industrial automation, and government. Lantronix has a global presence and partners with resellers and distributors around the world to deliver its products and services to customers.

Lantronix has a strong commitment to sustainability and operates its business in an environmentally responsible manner. The company has implemented energy-efficient practices in its facilities and products, and actively seeks to reduce its environmental impact through recycling and waste reduction programs.

In summary, Lantronix Inc is a technology company that provides networking solutions to businesses and organizations. The company designs and manufactures a variety of products including device servers, console management systems, and wireless networking devices, and has a global presence with offices in Europe and Asia. Lantronix is committed to sustainability and aims to reduce its environmental impact through energy-efficient practices and waste reduction programs.


   Company Address: 48 Discovery Irvine 92618 CA
   Company Phone Number: 453-3990   Stock Exchange / Ticker: NASDAQ LTRX
   


   

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Product Service News

Lantronix Introduces the Snapdragon 8 Gen 3 Mobile Hardware Development Kit, Empowering Innovations in Single-Board Computer Design

Published Wed, Mar 6 2024 12:00 PM UTC

Lantronix, a global provider of secure data access and management solutions for IoT and edge computing, recently unveiled its groundbreaking Snapdragon 8 Gen 3 Mobile Hardware Development Kit. This highly anticipated product leverages the Qualcomm 8650 System-on-Chip (SoC) to deliver an array of feature-rich development capabilities. The introduction of this advanced single-...

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Lantronix Inc. Grants Inducement Awards to Kurt Hoff, VP of Worldwide Sales, Marking a New Chapter of Growth and Innovation

Published Mon, Mar 4 2024 12:00 PM UTC



IRVINE, Calif., March 04, 2024 - Lantronix Inc. (NASDAQ: LTRX), a global leader in compute and connectivity IoT solutions, has recently announced the commencement of employment for Kurt Hoff as their Vice President of Worldwide Sales. In connection with this appointment, Lantronix has granted Hoff inducement awards, including restricted share units (RSUs) and perfo...

Product Service News

Lantronix's Percepxion: Streamlining IoT Edge Device Deployments with Pre-Configured Cloud Software Platform

Published Wed, Feb 21 2024 9:05 PM UTC

In a technological era that thrives on connectivity, the Internet of Things (IoT) has emerged as a game-changer across industries. Amidst this wave, Lantronix has set a new benchmark with the launch of its cutting-edge cloud software platform, Percepxion. Designed to revolutionize IoT edge device deployments, Percepxion comes pre-configured in Lantronix's gateways, routers, ...

Lantronix Inc

Unprecedented Success: Lantronix Inc. Dominates Q2 2024 with Memorable Performance in Computer Networks Industry

Lantronix Inc, a global provider of compute and connectivity IoT solutions, has recently faced some challenges in the fiscal period. While the company saw a significant revenue rise of 17.559% to $37.04 million, income remained stagnant at $0.00 per share, year on year. This lack of income growth has raised concerns among investors and analysts.
Despite the financial setbacks, Lantronix Inc continues to flourish in the second quarter of 2024. Compared to other entities in the Computer Networks industry that are experiencing diminishing transactions and revenue, Lantronix Inc stands out with its resilience and ability to maintain revenue growth. In the second quarter of 2024, revenue advanced by 12.131% from the previous quarter, reaching $33.03 million.

Management Changes

Revitalizing Lantronix: New Director Appointment Amidst Cumulative Net Loss

Published Thu, Jan 25 2024 12:00 PM UTC



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, ...






 

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