Highest-materiality recent filing
Lantronix prices $30M common stock offering at $7.20/share; net proceeds ~$32.3M
Priced 4,791,667 shares (incl. full overallotment) at $7.20/share for gross ~$34.5M.
Lantronix enters $30M ATM equity offering agreement with Needham and Canaccord
Entered Sales Agreement with Needham & Company and Canaccord Genuity for at-the-market offering of up to $30M in common stock.
Lantronix Q3 FY2026: Revenue $30.2M, Non-GAAP EPS $0.04; Drone revenue outlook raised to $10M-$14M
Net revenue $30.2M; GAAP EPS ($0.03), Non-GAAP EPS $0.04.
Net revenue of $29.8 million for Q2 FY2026, with GAAP EPS of ($0.03) and non-GAAP EPS of $0.04.
Lantronix Q1 FY2026 revenue $29.8M, GAAP EPS ($0.04), Non-GAAP EPS $0.04; guides Q2 rev $28-32M
Net revenue $29.8M, GAAP EPS ($0.04), Non-GAAP EPS $0.04; results at high end of guidance range.
Lantronix reports Q4 FY2025 revenue $28.8M, non-GAAP EPS $0.01; guides Q1 rev $28.5-$30.5M
Q4 net revenue $28.8M; GAAP EPS ($0.07); non-GAAP EPS $0.01.
Lantronix enters cooperation agreement with Chain of Lakes; appoints James Auker to board
Agreement with Chain of Lakes Investment Fund, Haluk Bayraktar, and Emre Aciksoz dated June 24, 2025.
Lantronix reports Q3 FY2025 revenue $28.5M, GAAP EPS ($0.10), Non-GAAP EPS $0.03; guides Q4 lower
Net revenue $28.5M (within $27M-$31M guidance); GAAP EPS ($0.10) vs ($0.01) year ago, Non-GAAP EPS $0.03 vs $0.11.
Lantronix Q1 revenue up 4% to $34.4M; acquires NetComm IoT assets for $6.5M
Q1 FY2025 revenue $34.4M (+4% YoY); GAAP EPS ($0.07), Non-GAAP EPS $0.06.
Lantronix CFO Jeremy Whitaker resigns; appoints Brent Stringham interim CFO
Jeremy Whitaker resigned as CFO effective Sept 13, 2024 to accept CFO role at a private company.
Lantronix reports record Q4 revenue $49.1M, Non-GAAP EPS $0.15, up 150% YoY
Q4 net revenue $49.1M, up 41% YoY; GAAP EPS $0.01 vs ($0.05) prior year.
Lantronix enters cooperation agreement with 180 Degree Capital; two new director nominees
Agreement dated Aug 9, 2024 nominates Narbeh Derhacobian and Kevin Palatnik to board at 2024 annual meeting.
Lantronix reports record Q3 revenue $41.2M (+25% YoY); guides Q4 rev $46.5M-$51.5M
Q3 revenue $41.2M, up 11% sequentially and 25% YoY; record for the company.
Lantronix reports record Q2 revenue of $37M, up 18% YoY; non-GAAP EPS doubles to $0.08
Net revenue $37.0M, record for Q2, up 12% sequentially and 18% year-over-year.
On May 6, 2025, the board of directors (the “Board”) of Lantronix, Inc. (the "Company") approved an increase in the size of the Board from four to five members, and appointed Dr. Sailesh Chittipeddi as a non-employee director to fill the vacancy created by the increase in the size of the Board, effective as of May 6, 2025.
Effective April 1, 2025, Mr. Hoff was promoted to the position of Chief Revenue Officer.
Effective April 1, 2025, Mr. Gurusamy was promoted to the position of Chief Product and Strategy Officer.
announced that Eric Bass will step down from his position as Vice President of Engineering and Research & Development effective February 7, 2025.
On February 3, 2025, Philip Brace provided to the Board of Directors (the “Board”) of Lantronix, Inc. (the “Company”) notification of his resignation from the Board, effective as of February 5, 2025.
On January 4, 2025, the Board of Directors (the “Board”) of Lantronix, Inc. (the “Company”) appointed Brent Stringham as the Company’s Chief Financial Officer effective as of January 6, 2025.
On September 24, 2024, Christa Steele, a member of the Board of Directors (the “Board”) of Lantronix, Inc. (the “Company”), notified the Company of her decision not to stand for re-election at the Company’s 2024 annual meeting of stockholders (the “Annual Meeting”).
On September 10, 2024, Jeremy Whitaker informed Lantronix, Inc. (the “Company”) that he was resigning as the Company’s Chief Financial Officer effective September 13, 2024.
On September 14, 2024, the Company’s Board of Directors (the “Board”) appointed Brent Stringham as the Company’s Chief Accounting Officer and Chief Financial Officer.
Effective as of the date of the Agreement, Jason Cohenour and Phu Hoang have agreed not to stand for re-election at the 2024 Annual Meeting in order to ensure the Company’s compliance with the Agreement.
Effective as of the date of the Agreement, Jason Cohenour and Phu Hoang have agreed not to stand for re-election at the 2024 Annual Meeting in order to ensure the Company’s compliance with the Agreement.
On February 22, 2024, Roger Holliday and Lantronix, Inc. (the “Company”) agreed that Mr. Holliday will step down from his position as Vice President, Worldwide Sales, effective as of February 29, 2024 in order to facilitate his retirement.
Max materiality 0.80 · Median 0.55 · Most common event leadership