Lantronix ( (LTRX) ) has released its Q3 earnings. Here is a breakdown of the information Lantronix presented to its investors.
Lantronix Inc. is a global leader in providing compute and connectivity solutions for the Internet of Things (IoT), focusing on high-growth markets such as Smart Cities, Enterprise, and Transportation. The company’s offerings include AI Edge Intelligence solutions, which are designed to empower businesses in the IoT sector.
In its third quarter of fiscal 2025, Lantronix reported net revenue of $28.5 million, with a GAAP EPS of ($0.10) and a non-GAAP EPS of $0.03. Despite challenging macroeconomic conditions, the company managed to deliver revenue within its guidance range, showcasing its resilience and strategic focus on long-term growth.
Key highlights from the quarter include the launch of the Open-Q™ 8550CS SoM, which enhances Lantronix’s AI-capable compute portfolio, and the successful deployment of its Open-Q™ platform in Teledyne/FLIR’s AI-driven drone thermal camera. These initiatives underscore Lantronix’s commitment to advancing its leadership in AI edge intelligence and industrial connectivity.
Financially, the company saw a decrease in net revenue compared to the previous year, reflecting broader market challenges. However, Lantronix continues to invest in high-growth areas such as AI-enabled gateways and 5G connectivity, aiming to position itself at the forefront of industrial and enterprise transformation at the edge.
Looking ahead, Lantronix expects its fourth-quarter revenue to range between $26.5 million and $30.5 million, with a non-GAAP EPS of $0.00 to $0.02. The company remains focused on executing its innovation roadmap and strengthening global partnerships to drive future growth.