Lantronix (LTRX) Company Overview

IRVINE, Calif., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling AI Edge Intelligence, today announced that Philip Brace will be departing the Lantronix Board of Directors as of Feb. 5, 2025. He is leaving the Lantronix Board to join Skyworks Solutions Inc. as its chief executive officer.

LTRX is set to display its latest 28-port SM24TBT4XPA Managed 2.5G Ethernet PoE++ network switch and other solutions at BICSI Winter Conference 2025.

Lantronix's Open-Q 8250CS SOM is used by GWACS along with Qualcomm QCS8250 SoC to develop its military-grade gunshot detection system for commercial purposes.

Case Study: Lantronix's Open-Q SOM, powered by Qualcomm SoC, utilized to integrate advanced acoustic technology into an innovative public safety solution Case Study: Lantronix's Open-Q SOM, powered by Qualcomm SoC, utilized to integrate advanced acoustic technology into an innovative public safety solution

Lantronix focuses on high-growth industries like Smart Cities and Automotive, providing customizable IoT solutions and benefiting from edge AI computing through a partnership with Qualcomm. The acquisition of NetComm's IoT product line enhances Lantronix's 5G offerings, expands its geographic reach, and is expected to be immediately accretive to EPS. Lantronix is streamlining its product portfolio and consolidating global sites to improve efficiency, aiming to reduce operating expenses by $4.5M in FY25.

LTRX announces the completion of its acquisition of NetComm, boosting 5G capabilities, expanding markets and enhancing enterprise IoT solutions globally.

IRVINE, Calif., Dec. 26, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader in IoT compute and connectivity IoT solutions, today announced that it has finalized its acquisition of NetComm Wireless Pty Ltd (“NetComm”), a subsidiary of DZS Inc., for all of its enterprise Internet of Things (IoT) business assets for $6.5 million in cash, together with assumptions of certain liabilities.

IRVINE, Calif., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader in IoT compute and connectivity IoT solutions, today announced that Saleel Awsare, CEO and Brent Stringham, Interim CFO, will deliver in-person presentations on Tuesday, Jan. 14, and Wednesday, Jan. 15, 2025, at the 27th Annual Needham Growth Conference at the Lotte New York Palace Hotel in New York City.

Lantronix, Inc. (NASDAQ:LTRX ) Q1 2025 Earnings Conference Call November 7, 2024 6:30 PM ET Company Participants Brent Stringham - Chief Accounting Officer and Interim CFO Saleel Awsare - President and CEO Conference Call Participants Tyler Burmeister - Craig-Hallum Capital Ryan Koontz - Needham Operator Good evening, and welcome to the Lantronix First Quarter Fiscal 2025 Results Conference Call. All participants will be in listen-only mode.