Lantronix Provides Revenue Guidance for First Quarter of Fiscal 2022 Ended September 30, 2021
October 28, 2021 at 07:00 am EDT
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Lantronix, Inc. provided revenue guidance for its fiscal 2022 first quarter ended September 30, 2021. For the quarter, Lantronix currently expects to report record revenues greater than $27 million, driven by record backlog, robust demand, and concerted supply chain disruption mitigation.
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. 
