Loading...
•
Mar 31, 2024
Lantronix Q3 2024 Earnings Report
Lantronix's Q3 fiscal year 2024 results were reported, featuring record revenue and improved EPS.
Key Takeaways
Lantronix reported record revenue for Q3 2024, with a 25% year-over-year increase. The company also saw improvements in both GAAP and non-GAAP EPS.
Net revenue totaled $41.2 million, up 25% year-over-year.
GAAP EPS was ($0.01), compared to ($0.08) in the prior year.
Non-GAAP EPS was $0.11, compared to $0.06 in the prior year.
The company expects revenue in a range of $46.5 million to $51.5 million and non-GAAP EPS of $0.12 to $0.18 per share for the fourth fiscal quarter of 2024.
Lantronix
Lantronix
Lantronix Revenue by Segment
Lantronix Revenue by Geographic Location
Revenue by Segment
Embedded IoT Solutions Revenue
CapyFin.comIoT System Solutions Revenue
CapyFin.comSoftware & Services Revenue
CapyFin.comRevenue by Geographic Location
Americas Revenue
CapyFin.comEMEA Revenue
CapyFin.comAsia Pacific & Japan Revenue
CapyFin.com Forward Guidance
For the fourth fiscal quarter of 2024, Lantronix expects revenue in a range of $46.5 million to $51.5 million and non-GAAP EPS of $0.12 to $0.18 per share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income