IRVINE, CA — (Marketwired) — 02/16/16 — (NASDAQ: LTRX) — a specialized networking company providing smart IoT and M2M connectivity solutions — today announced that Kevin Yoder has been appointed as vice president of worldwide sales, effective March 7th."With more than 25 years of experience in building and leading successful enterprise sales teams, we believe that Kevin will be a key contributor in driving Lantronix toward greater success," said Jeffrey Benck, Lantronix presiden
IRVINE, CA — (Marketwired) — 02/16/16 — Lantronix, Inc. (the "Company") (NASDAQ: LTRX) a specialized networking company providing smart IoT and M2M solutions, today reported results for its second fiscal quarter ended December 31, 2015.Net revenue of $9.5 millionNew Product revenue of $1.8 millionGross profit margin of 48.1%GAAP net loss of $928,000 or $0.06 per shareNon-GAAP net loss of $196,000 or $0.01 per shareCash and cash equivalents of $4.6 millionIn October 2015, Lantronix
IRVINE, CA — (Marketwired) — 02/10/16 — (NASDAQ: LTRX) — a specialized networking company providing smart IoT and M2M connectivity solutions — today announced that Sanjeev K. Datla, (42), has been appointed as chief technology officer of the company, effective immediately."With nearly two decades of experience in developing cutting edge enterprise networking and connectivity technologies, Sanjeev has the ideal skill sets and relationships to enhance our product roadmap and elevate La
IRVINE, CA — (Marketwired) — 01/14/16 — (NASDAQ: LTRX), a specialized networking company providing smart IoT and M2M solutions, today announced that the Company will report its financial results for the fiscal 2016 second quarter ended December 31, 2015 on Tuesday, February 16, 2016 after the close of the market.Management will host an investor conference call and audio webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on Tuesday, February 16, 2016. To access the live conference ca
IRVINE, CA — (Marketwired) — 12/07/15 — Lantronix, Inc. (NASDAQ: LTRX) — a specialized networking company providing smart IoT and M2M connectivity solutions — today announced that Jeffrey W. Benck, 50, has been appointed as president and chief executive officer of the company, effective immediately. Benck has also been appointed to the company–s board of directors."We are pleased to have a proven successful leader of Jeff–s caliber joining Lantronix," said Bernhard Bruscha, cha
Multi-Billion Dollar Distribution Leader to Sell and Distribute Lantronix xPico Wi-Fi Module and other IoT Enabling Solutions Throughout North and South America
IRVINE, CA — (Marketwired) — 10/15/15 — (NASDAQ: LTRX), a specialized networking company providing smart IoT and M2M solutions, today announced that the Company will report its financial results for the fiscal 2016 first quarter ended September 30, 2015 on Thursday, October 29, 2015 after the close of the market.Management will host an investor conference call and audio webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on Thursday, October 29, 2015. To access the live conference ca
IRVINE, CA — (Marketwired) — 08/20/15 — Lantronix, Inc. (the "Company") (NASDAQ: LTRX), a specialized networking company providing smart IoT and M2M solutions, today reported results for its fourth quarter and fiscal year ended June 30, 2015.Net revenue of $42.9 millionNew Product revenue growth of 48%Gross profit margin of 47.3%GAAP net loss of $2.8 million or $0.19 per shareNon-GAAP net loss of $767,000 or $0.05 per shareCash and cash equivalents of $5.0 million"During fisca