Lantronix reports Q3 EPS 4c, consensus 4c

Reports Q3 revenue $30.18M, consensus $30.48M. “Our third-quarter results reflect our disciplined execution and continued momentum across the business as we reported year-over-year revenue and earnings growth,” said Saleel Awsare, president and CEO of Lantronix (LTRX). “Our position as a critical onboard edge compute platform for unmanned systems continues to expand, reflected by the 22 percent growth we delivered in our Embedded IoT Solutions portfolio.”