Lantronix Inc <LTRX.OQ> expected to post earnings of 3 cents a share - Earnings Preview

• Lantronix Inc LTRX.OQ LTRX.O is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025

• The Irvine California-based company is expected to report a 29.3% decrease in revenue to $29.116 million from $41.18 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.The company's guidance on February 6 2025, for the period ended March 31, was for revenue between $27.00 million and $31.00 million.

• ​LSEG's mean analyst estimate for Lantronix Inc is for earnings of 3 cents per share. The company's EPS guidance on February 6 2025, for the period ended March 31, was between $0.01 and $0.05

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The mean earnings estimate of analysts was unchanged in the last three months. ​

• Wall Street's median 12-month price target for Lantronix Inc is $5.00​, above​ its last closing price of $2.15. ​​​

The company's guidance on February 6 2025 for the period ended March 31 was for gross profit margin between USD41.09% and USD41.912%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated May 6 at 22:18 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)