Lantronix (NASDAQ:LTRX) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Lantronix (NASDAQ:LTRX) posted its quarterly earnings results on Wednesday. The technology company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.03 by $0.01, FiscalAI reports. Lantronix had a negative net margin of 9.25% and a negative return on equity of 12.89%. The business had revenue of $29.79 million during the quarter, compared to analysts’ expectations of $29.55 million. Lantronix updated its Q2 2026 guidance to 0.020-0.04 EPS.

Lantronix Stock Performance

LTRX stock traded down $0.03 during midday trading on Friday, hitting $5.05. 227,088 shares of the company traded hands, compared to its average volume of 357,864. Lantronix has a twelve month low of $1.91 and a twelve month high of $5.74. The stock has a market capitalization of $198.32 million, a price-to-earnings ratio of -16.85 and a beta of 1.38. The company has a quick ratio of 1.68, a current ratio of 2.54 and a debt-to-equity ratio of 0.12. The business has a 50 day simple moving average of $4.84 and a 200-day simple moving average of $3.45.

Insider Activity

In related news, major shareholder Bernhard Bruscha sold 12,993 shares of the firm’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $4.64, for a total value of $60,287.52. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 2.40% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Lantronix by 2.8% in the third quarter. Vanguard Group Inc. now owns 1,486,791 shares of the technology company’s stock valued at $6,795,000 after purchasing an additional 40,890 shares during the last quarter. Manatuck Hill Partners LLC acquired a new stake in Lantronix in the 2nd quarter valued at approximately $302,000. Marshall Wace LLP increased its position in Lantronix by 10.6% in the 2nd quarter. Marshall Wace LLP now owns 446,164 shares of the technology company’s stock worth $1,280,000 after buying an additional 42,838 shares during the period. XTX Topco Ltd acquired a new position in shares of Lantronix during the second quarter worth approximately $86,000. Finally, Jane Street Group LLC boosted its position in shares of Lantronix by 19.7% in the first quarter. Jane Street Group LLC now owns 71,293 shares of the technology company’s stock valued at $178,000 after acquiring an additional 11,728 shares during the period. Institutional investors and hedge funds own 39.38% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on LTRX. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Lantronix in a research report on Wednesday, October 8th. Lake Street Capital set a $6.00 price objective on shares of Lantronix and gave the company a “buy” rating in a research report on Thursday. Finally, Needham & Company LLC boosted their target price on shares of Lantronix from $5.50 to $7.50 and gave the stock a “buy” rating in a research report on Thursday. Three equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $5.50.

About Lantronix

Lantronix, Inc provides solutions for video surveillance, infotainment systems, and intelligent substations infrastructure in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan. The company's IoT products include IoT System Solutions, which provide wired and wireless connections that enhance the value and utility of modern electronic systems and equipment through secure network connectivity, power for IoT end devices through Power over Ethernet, application hosting, protocol conversion, media conversion, secure access for distributed IoT deployments, and various other functions; Embedded IoT Modules, such as application processing delivering compute to meet customer needs for data transformation, computer vision, machine learning, augmented/virtual reality, audio/video aggregation and distribution, and custom applications; and Software and Engineering Services offers SaaS platform that enables customers to deploy, monitor, manage, and automate across their global deployments through a single platform login.