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Lantronix - LTRX STOCK NEWS

Welcome to our dedicated page for Lantronix news (Ticker: LTRX), a resource for investors and traders seeking the latest updates and insights on Lantronix stock.

Overview

Lantronix (NASDAQ: LTRX) is a globally recognized provider of secure data access and management solutions designed for the dynamic realm of the Internet of Things (IoT). With a legacy of over two decades in creating robust machine-to-machine (M2M) communication systems, Lantronix excels in enabling reliable and scalable connectivity across varied applications. In today’s technology landscape, keywords such as "IoT connectivity", "Edge AI", and "cybersecurity" underscore the critical technological framework on which Lantronix’s solutions are built.

Core Business and Product Offerings

At its core, Lantronix delivers advanced connectivity and compute solutions that empower companies to seamlessly deploy, manage, and secure IoT projects. The company strategically segments its portfolio into three primary product lines: Embedded IoT Solutions, IoT System Solutions, and Software and Services. Among these, the IoT System Solutions segment plays a pivotal role in the firm’s revenue model, offering high-performance, secure platforms to bridge cloud and edge computing environments.

Industry Applications and Market Segmentation

Lantronix’s innovative solutions address the needs of a wide array of industries. Its products are integrated into systems within healthcare, industrial automation, security, energy management, transportation, financial services, and government applications. Whether it is facilitating secure data centers, powering smart grid infrastructures, or enabling remote device management in mission-critical environments, Lantronix provides tailored solutions that enhance operational efficiency and reliability.

Technological Excellence and Innovation

Driven by a commitment to technological innovation, Lantronix continuously advances its product offerings by incorporating the latest in connectivity and computing technologies. Its solutions feature advanced remote management capabilities, out-of-band connectivity, and secure communication protocols that are essential for modern IoT deployments. The company leverages the convergence of hardware and software innovations, including Edge AI and cloud integration, to ensure that its solutions offer both scalability and security.

Competitive Landscape and Strategic Positioning

Operating in a highly competitive technology sector, Lantronix differentiates itself by focusing on security, ease-of-use, and customizable connectivity solutions. Rather than merely competing on scale, the company demonstrates its expertise through a conscientious approach to robust system integration and interoperability. This methodical focus allows Lantronix to serve niche market segments while maintaining broad appeal across global enterprises, smart city initiatives, and industrial applications.

Global Presence and Market Reach

Lantronix boasts a significant global footprint, serving diverse geographic markets including the Americas, Europe, the Middle East, Africa, and Asia Pacific. Its technologies are embedded in millions of devices worldwide, reinforcing its reputation as a reliable provider of secure connectivity solutions. This expansive reach, combined with consistent innovation, positions the company to adapt to rapidly evolving market demands while ensuring long-term operational stability.

Commitment to E-E-A-T Principles

In line with the principles of Expertise, Experience, Authoritativeness, and Trustworthiness, Lantronix maintains a deep understanding of the intricate dynamics of the IoT market. Its leadership team, renowned for their extensive technical and financial experience, guides the company through a landscape marked by rapid technological change and intense competition. By consistently delivering high-quality, secure products, Lantronix builds enduring trust with its customers, partners, and investors.

Summary

In summary, Lantronix is a cornerstone in the evolving ecosystem of IoT solutions. Its comprehensive suite of products—ranging from embedded systems to sophisticated cloud and edge computing platforms—enables organizations to innovate, secure, and simplify the operation of connected devices. With a focus on robust security, operational efficiency, and global scalability, Lantronix empowers a diverse clientele to harness the full potential of modern IoT infrastructures, ensuring that they remain at the cutting edge of technological transformation.

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Lantronix Inc. will report its fiscal 2024 third-quarter results on April 29, 2024. The Company, a global provider of compute and connectivity IoT solutions, will release financial data for the quarter ended March 31, 2024, and host an investor conference call and webcast on the same day.
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Lantronix Inc. (NASDAQ: LTRX) will participate in the 21st Annual Craig-Hallum Institutional Investor Conference on May 29, 2024. Lantronix CEO Saleel Awsare and CFO Jeremy Whitaker will have one-on-one meetings with investors at the event. Interested investors can contact Lantronix CFO Jeremy Whitaker for meeting availability.
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Lantronix Inc. (NASDAQ: LTRX) published a case study highlighting the deployment of its Out-of-Band (OOB) solutions for a leading financial services company. The OOB solutions provided secure automation for critical banking infrastructure, ensuring compliance with strict security standards. The move to Edge computing is driving the need for decentralized data centers, with OOB management improving network resiliency and uptime while reducing IT costs. Lantronix's solutions offer encrypted access, granular permissioning, compliance reporting, secure session management, and centralized control. The company's LM83X Console Servers with Control Center provide dedicated Ethernet connections for secure server management. The case study showcases the successful partnership with a major U.S. bank over 18 years, demonstrating the reliability, security, and flexibility of Lantronix's solutions.
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Lantronix launches new FOX4 and Bolero 43 edge compute trackers for telematics market, targeting $3.7 billion by 2027. The products feature advanced connectivity, security, and customization capabilities, showcased at industry events.
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Lantronix Inc. announces new managed gigabit PoE++ enterprise switches for security, surveillance, smart buildings, and IoT applications. The switches support PoE++ and PoE+ devices, come pre-configured with Percepxion cloud management platform, and offer advanced Layer 2 features. Lantronix aims to meet the increasing demand for PoE ports in network deployments.
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Lantronix Inc. introduces the new M114 CAT-1BIS modem, expanding its M110 mobility solutions with a compact, low-power serial-to-cellular modem. The modem comes pre-configured with Percepxion™ IoT software for secure device lifecycle management at the edge. With a small form factor and low-power consumption, the M114BIS is ideal for industrial applications, offering speedy device deployment and remote management.
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Lantronix Inc. announces CEO Saleel Awsare's participation in a fireside chat with analyst Scott Searle and CFO Jeremy Whitaker at the 36th Annual Roth Conference. The event will take place on March 18, 2024, with a live webcast available on the company's website.
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Lantronix Inc. announces the launch of the Snapdragon 8 Gen 3 mobile hardware development kit, providing powerful AI capabilities for mobile applications and devices. The kit offers double the AI performance of the previous model, enabling breakthroughs in robotics, video, and edge AI. The Multimodal AI Market is projected to grow at a CAGR of 35.8% from 2024 to 2030.
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Lantronix Inc. announced the issuance of inducement awards to Kurt Hoff, including 62,404 restricted share units and 43,203 performance-based share units. The RSU award will vest over three years, while the PSU award is based on the company's relative total stockholder return over a three-year period. These awards are granted as employment inducement awards in accordance with NASDAQ Listing Rule 5635(c)(4).
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Lantronix Inc. appoints Kurt Hoff as vice president, Worldwide Sales, replacing Roger Holliday who is retiring. Hoff brings extensive IoT industry experience from companies like Synaptics and Silicon Laboratories, enhancing Lantronix's leadership team.
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FAQ

What is the current stock price of Lantronix (LTRX)?

The current stock price of Lantronix (LTRX) is $2.01 as of April 4, 2025.

What is the market cap of Lantronix (LTRX)?

The market cap of Lantronix (LTRX) is approximately 78.0M.

What is the core business of Lantronix?

Lantronix specializes in providing secure data access and management solutions tailored for IoT applications, enabling reliable and scalable connectivity.

How does Lantronix generate revenue?

The company generates revenue through its three main product lines: Embedded IoT Solutions, IoT System Solutions, and Software and Services, with a strong focus on system solutions.

Which industries are served by Lantronix?

Lantronix serves a wide range of industries including healthcare, industrial automation, security, energy management, transportation, financial services, and government networking.

What differentiates Lantronix from its competitors?

Lantronix sets itself apart with its commitment to security, ease-of-use, customizable solutions, and its comprehensive approach that blends robust hardware with innovative software.

What geographic markets does Lantronix operate in?

Lantronix has a strong global presence, with significant operations in the Americas, Europe, the Middle East, Africa, and Asia Pacific.

How does Lantronix ensure secure data management?

The company integrates advanced cybersecurity protocols, secure remote management capabilities, and out-of-band connectivity to safeguard data and ensure continuous system integrity.

Can Lantronix’s solutions integrate with legacy systems?

Yes, Lantronix designs its connectivity solutions to enable seamless integration between legacy infrastructure and modern IoT systems.

What role do leadership and strategic partnerships play at Lantronix?

Lantronix benefits from seasoned leadership and strong global partnerships, which drive its innovation and ensure that it delivers reliable, industry-specific solutions that meet evolving market needs.
Lantronix

Nasdaq:LTRX

LTRX Rankings

LTRX Stock Data

77.97M
31.90M
17.6%
34.26%
1.28%
Communication Equipment
Computer Communications Equipment
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