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Sep 30, 2023
Lantronix Q1 2024 Earnings Report
Reported results for the first quarter of fiscal 2024.
Key Takeaways
Lantronix reported net revenue of $33.0 million, a 4% increase year-over-year. GAAP EPS was ($0.05), while non-GAAP EPS was $0.07.
Net revenue totaled $33.0 million, up 4% year-over-year.
GAAP EPS was ($0.05).
Non-GAAP EPS was $0.07.
The company continues to expect revenue in a range of $175 million to $185 million and non-GAAP EPS in a range of $0.50 to $0.60 per share for fiscal year 2024.
Lantronix
Lantronix
Forward Guidance
For fiscal year 2024, the company continues to expect revenue in a range of $175 million to $185 million and non-GAAP EPS in a range of $0.50 to $0.60 per share.