Lantronix Inc Q2 FY2024 Earnings Call

Lantronix Inc (LTRX)

Earnings Call FY2024 Q2 Call date: 2024-02-08 Concluded

Quarter scorecard

Revenue

$37.04M

+17.6% YoY

Diluted EPS

$-0.07

Gross margin

40.6%

-3.2 pp YoY

Net income

-$2.59M

IoT System Solutions $23.02M

+54.4%

Embedded IoT Solutions $11.76M

-13.9%

Software and Services $2.25M

-23%