Recap: Lantronix Q3 Earnings - Lantronix (NASDAQ:LTRX)

Lantronix LTRX reported its Q3 earnings results on Wednesday, May 10, 2023 at 04:05 PM.

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

Lantronix missed estimated earnings by 14.29%, reporting an EPS of $0.06 versus an estimate of $0.07.

Revenue was up $640 thousand from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 12.57% increase in the share price the next day.

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

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	0.03	0.04	0.09	0.07
EPS Actual	0.04	0.07	0.08	0.08
Revenue Estimate	31.87M	32.27M	34.04M	29.48M
Revenue Actual	31.51M	31.80M	35.95M	32.32M

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.