Recap: Lantronix Q2 Earnings - Lantronix (NASDAQ:LTRX)

Lantronix LTRX reported its Q2 earnings results on Thursday, February 8, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Lantronix reported in-line EPS of $0.08 versus an estimate of $0.08.

Revenue was up $5.53 million from the same period last year.

Last quarter the company beat on EPS by $0.04 which was followed by a 20.0% increase in the share price the next day.

Here's a look at Lantronix's past performance:

Quarter	Q1 2024	Q4 2023	Q3 2023	Q2 2023
EPS Estimate	0.03	0.06	0.07	0.03
EPS Actual	0.07	0.06	0.06	0.04
Revenue Estimate	31.62M	34.43M	35.14M	31.87M
Revenue Actual	33.03M	34.92M	32.96M	31.51M

To track all earnings releases for Lantronix visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.