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

Lantronix LTRX reported its Q2 earnings results on Thursday, February 10, 2022 at 04:00 PM.

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

Lantronix beat estimated earnings by 25.0%, reporting an EPS of $0.1 versus an estimate of $0.08.

Revenue was up $17.10 million from the same period last year.

Last quarter the company beat on EPS by $0.01, which was followed by a 15.15% drop in the share price the next day.

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

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.07	0.05	0.03	0.05
EPS Actual	0.08	0.06	0.05	0.03
Revenue Estimate	25.50M	19.27M	17.10M	17.27M
Revenue Actual	27.70M	20.64M	17.11M	16.59M

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