Lantronix Gears Up to Report Q4 Earnings: What's in the Offing?
LTRXLantronix(LTRX) ZACKS·2024-09-04 22:16

Lantronix, Inc. (LTRX) is slated to report fourth-quarter fiscal 2024 results on Sept. 5, after the closing bell.The Zacks Consensus Estimate for fiscal fourth-quarter revenues is pegged at $49.1 million, which suggests an increase of 40.6% from the year-ago quarter’s reported figure. The consensus mark for earnings per share (EPS) is pegged at 15 cents, indicating a year-over-year rise of 150%.The company’s earnings beat the Zacks Consensus Estimate in three of the last four quarters while matching once. I ...