Lantronix Sees Q4 Adj. EPS $0.12-$0.18 vs $0.16 Est., Revenue $46.5M-$51.5M vs $50.02M Est.
Portfolio Pulse from Benzinga Newsdesk
Lantronix projects its Q4 adjusted EPS to be between $0.12 and $0.18, compared to the estimated $0.16. The company also forecasts revenue to be in the range of $46.5M to $51.5M, versus the estimated $50.02M.

April 29, 2024 | 8:43 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Lantronix's Q4 earnings and revenue projections show a potential variance from analyst estimates, indicating a mixed financial outlook.
Lantronix's projected EPS range includes the analyst estimate, suggesting some uncertainty but potential to meet expectations. The revenue forecast, while broad, slightly undercuts the consensus estimate at its midpoint, indicating potential concerns but also room for positive surprises. This mixed outlook could lead to short-term volatility in LTRX's stock price as investors digest the implications.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100