Lantronix (NASDAQ:LTRX) Announces Q2 2027 Earnings Guidance

Lantronix (NASDAQ:LTRX) issued an update on its second quarter 2027 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.040-0.060 for the period, compared to the consensus earnings per share estimate of 0.040. The company issued revenue guidance of $32.5 million-$34.5 million, compared to the consensus revenue estimate of $33.5 million.

Lantronix Stock Performance

Shares of NASDAQ:LTRX opened at $4.73 on Thursday. The company has a 50 day moving average of $5.99 and a two-hundred day moving average of $6.05. Lantronix has a 52-week low of $4.36 and a 52-week high of $8.75. The company has a quick ratio of 2.86, a current ratio of 2.99 and a debt-to-equity ratio of 0.04.

Lantronix (NASDAQ:LTRX) last announced its earnings results on Monday, November 9th. The technology company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.01. Lantronix had a negative net margin of 2.63% and a negative return on equity of 3.35%. The business had revenue of $32.37 million during the quarter, compared to the consensus estimate of $31.98 million. Sell-side analysts predict that Lantronix will post 0.07 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on LTRX. Wall Street Zen raised Lantronix from a “hold” rating to a “buy” rating in a research report on Saturday, August 29th. Weiss Ratings reissued a “sell (d-)” rating on shares of Lantronix in a report on Thursday, October 15th. Needham & Company LLC restated a “buy” rating and set a $11.00 price objective on shares of Lantronix in a report on Thursday, August 27th. Lake Street Capital upped their target price on Lantronix from $8.00 to $10.00 and gave the company a “buy” rating in a research report on Friday, September 18th. Finally, Zacks Research lowered Lantronix from a “hold” rating to a “strong sell” rating in a research report on Monday. Six research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $10.70.

Insider Buying and Selling

In other news, CEO Saleel Awsare bought 15,000 shares of the firm’s stock in a transaction dated Wednesday, September 9th. The stock was bought at an average price of $5.18 per share, for a total transaction of $77,700.00. Following the transaction, the chief executive officer owned 453,381 shares in the company, valued at $2,348,513.58. The trade was a 3.42% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 2.80% of the stock is currently owned by corporate insiders.

Lantronix Company Profile

Lantronix, Inc. (NASDAQ: LTRX) is a provider of Internet of Things (IoT) and edge-computing solutions that help organizations connect, manage, and secure devices and equipment. The company serves customers in industrial, enterprise, transportation, healthcare, smart-city, and other applications where reliable remote connectivity and device management are required. Its portfolio includes embedded networking modules, industrial and cellular gateways, routers, out-of-band management products, and software for remotely provisioning, monitoring, and managing connected devices.