LTRX News & Events

Lantronix announced a significant strategic expansion of its embedded compute platform through new System-on-Module solutions based on the Genio family of System-on-Chip platforms from MediaTek. This expansion marks a strategic step in scaling Lantronix's embedded compute ecosystem by broadening its solutions portfolio, increasing market coverage and strengthening its ability to serve high-growth industrial and commercial Edge AI deployments. By expanding its silicon foundation, Lantronix enhances its ability to deliver performance-optimized, power-efficient compute platforms across a wider range of deployment requirements and volume tiers.

Sees Q3 revenue $28.5M-$32.5M, consensus $31.39M. "Convergence around our Edge AI platform is enabling us to scale efficiently across drones, critical infrastructure monitoring and enterprise connectivity while simultaneously strengthening customer relationships and improving operating leverage," added Awsare. "We remain disciplined and well-positioned to meet accelerating demand in our core markets and are confident that our platform-led strategy and growing execution cadence will continue to drive profitable growth."

Reports Q2 revenue $29.77M, consensus $29.94M. "We continued our momentum into the second quarter through disciplined execution, delivering financial results within our guidance range," said Saleel Awsare, president and CEO of Lantronix. "Execution across our Edge AI strategy continued to strengthen during Q2, with several customer programs advancing from development and pilot phases into initial production and deployment."