Lantronix, Inc. Provides Earnings Guidance for the Third Quarter of Fiscal Quarter of 2024; Provides Earnings Guidance for the Year 2024
February 08, 2024 at 04:05 pm EST
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Lantronix, Inc. provided earnings guidance for the third fiscal quarter of 2024. For the period, the company expects revenue in a range of $38 million to $42 million.
For the year, the company expects revenue in a range of $155 million to $165 million.
Lantronix, Inc. is a global provider of compute and connectivity Internet of Things (IoT) solutions that target industries, including smart cities, automotive and enterprise. It provides Software as a Service (SaaS), connectivity services, engineering services, intelligent hardware, and turnkey solutions for the IoT and remote environment management. Its solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management for Cloud and Edge Computing. It organizes its portfolio of services and products into product lines: Embedded IoT Modules, IoT Systems Solutions, and Software and Engineering Services. Its SaaS platform provides single pane of glass management for remote environment management and IoT deployments. Its Percepxion is a Cloud IoT Edge Solutions platform. The Company has launched its FOX4 and Bolero 43 edge compute tracker telematics portals.
LANTRONIX, INC. 
