Lantronix Q3 FY2023 revenue $33.0M, GAAP EPS ($0.08), non-GAAP EPS $0.06; guides Q4 $33-36M

LANTRONIX INC

2023-Q3 EPS reported -$0.20 revenue$96,265,000

Net revenue $33.0M, up 5% sequentially and 2% YoY.
GAAP EPS ($0.08) vs ($0.09) prior year; non-GAAP EPS $0.06 vs $0.08.
Q4 FY2023 guidance: revenue $33-36M, non-GAAP EPS $0.06-0.08.
FY2024 revenue guidance $175-185M, non-GAAP EPS $0.50-0.60.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

LANTRONIX INC reported third fiscal quarter ended March 31, 2023 results: revenue $33.0 million, EPS ($0.08). Guidance initiated.

Period: third fiscal quarter ended March 31, 2023
Revenue: $33.0 million
EPS: ($0.08)
Guidance: initiated
Result: reported results

Exact text from the filing

Net revenue totaled $33.0 million, up five percent sequentially and two percent year over year. GAAP EPS of ($0.08), compared to ($0.09) in the prior year and ($0.07) in the prior quarter. Non-GAAP EPS of $0.06, compared to $0.08 in the prior year and $0.04 in the prior quarter.

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Source: SEC EDGAR

accession 0001683168-23-003123

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