Revenue and EPS Within Guidance
Lantronix reported a revenue of $28.5 million for Q3 fiscal 2025 and a non-GAAP EPS of $0.03, both within the quarterly guidance range.
Gross Margin Improvement
GAAP gross margin improved to 43.5% in Q3 2025 from 42.6% in the prior quarter and 40.1% in the year-ago quarter. Non-GAAP gross margin was 44.1%, showing a similar improvement.
Expansion of Distribution Network
Lantronix expanded its partnership with TD SYNNEX to distribute throughout Europe and leveraged the acquired channel network from NetComm to expand in Asia Pacific, Australia, and New Zealand.
New AI-Powered Camera Solution
Lantronix announced a new AI-powered camera solution with Teledyne/FLIR, integrating advanced processing for AI-driven situational awareness, thermal imaging, and real-time decision-making.
Improved Cash Position
Cash and cash equivalents increased to $20 million by the end of Q3, with positive operating cash flow of $3.2 million for the quarter.