Lantronix Q4 Adj $0.15, Inline, Sales $49.08M Beat $49.06M Estimate
Portfolio Pulse from Benzinga Newsdesk
Lantronix reported Q4 earnings of $0.15 per share, meeting analyst expectations, and sales of $49.08 million, slightly beating estimates. This marks a significant year-over-year growth in both earnings and sales.

September 05, 2024 | 8:32 pm
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Lantronix's Q4 earnings per share of $0.15 met expectations, while sales of $49.08 million slightly exceeded estimates. The company showed significant year-over-year growth in both earnings and sales.
Lantronix's earnings met expectations, which is generally neutral, but the slight beat in sales and significant year-over-year growth in both earnings and sales are positive indicators. This suggests a strong performance and potential investor confidence, likely leading to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100