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Jun 30, 2021
Lantronix Q4 2021 Earnings Report
Lantronix reported record results driven by double-digit organic growth, strategic asset acquisitions, and effective team execution.
Key Takeaways
Lantronix reported a strong Q4 fiscal 2021 with net revenue totaling $20.6 million, a 19% increase year-over-year and a 21% increase sequentially. GAAP EPS improved to ($0.04), while Non-GAAP EPS improved to $0.06.
Net revenue increased by 19% year-over-year.
Net revenue increased 21% sequentially.
GAAP EPS improved compared to the prior year and prior quarter.
Non-GAAP EPS improved compared to the prior year and prior quarter.
Lantronix
Lantronix
Forward Guidance
For the full year fiscal 2022, the company expects year over year revenue growth of 45-75 percent, with non-GAAP EPS growth on the order of 85-135 percent.
Positive Outlook
- Expects year over year revenue growth of 45-75 percent for fiscal year 2022.
- Expects non-GAAP EPS growth on the order of 85-135 percent for fiscal year 2022.