Lantronix Q4 EPS $0.06, Inline, Sales $34.92M Beat $34.43M Estimate
Portfolio Pulse from Happy Mohamed
Lantronix (LTRX) reported Q4 earnings of $0.06 per share, meeting analyst consensus. This is a 25% decrease from last year. The company's quarterly sales of $34.92M beat the analyst consensus of $34.43M by 1.43%, but it's a 2.84% decrease from last year.
September 07, 2023 | 8:15 pm
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Lantronix's Q4 earnings met expectations but decreased 25% YoY. Sales beat estimates but also decreased YoY.
While Lantronix's earnings met analyst expectations, the YoY decrease could be a concern for investors. The sales beat estimates but also decreased YoY, which might have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100