Loading...
•
Dec 31, 2022
Lantronix Q2 2023 Earnings Report
Reported a decrease in net revenue and EPS compared to the previous year.
Key Takeaways
Lantronix reported a decrease in net revenue by 6% year-over-year, totaling $31.5 million. The company's GAAP EPS was ($0.07), and non-GAAP EPS was $0.04.
Net revenue totaled $31.5 million, down 6% year-over-year.
GAAP EPS was ($0.07).
Non-GAAP EPS was $0.04.
The company expects full year fiscal 2023 revenues in a range of $135 to $145 million.
Lantronix
Lantronix
Forward Guidance
The company currently expects full year fiscal 2023 revenues in a range of $135 to $145 million, up 4 percent to 12 percent year-over-year, and non-GAAP EPS in a range of $0.27 to $0.33 per share, flat to down 22 percent year-over-year.