(USD) | Dec 2023 | Q/Q |
---|---|---|
Revenue | 37MM | +12% |
Gross Profit | 15MM | +7% |
Cost Of Revenue | 22MM | +16% |
Operating Income | -1.8MM | +12% |
Operating Expenses | 16.8MM | +7% |
Net Income | -2.6MM | +37% |
R&D | 4.7MM | -7% |
G&A | 10.2MM | +11% |
Amortization | 1.3MM | -5% |
Interest Expense | - | - |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Nvidia’s (NASDAQ:NVDA) recent AI conference showcased some impressive new technology, including the company’s expensive new AI chip that purportedly outperforms all other AI chips on the market. However, the hype did not translate into a meaningful stock price increase, as many investors believe the company’s growth potential is already priced into its lofty market capitalization. This highlights a broader trend in the market, where many big-name tech stocks appear to be fully valued, and unlike
Compact Form Factor, Low-Power Serial-to-Cellular Modem Delivers Connectivity for Remote Control of Industrial Equipment M114 CAT-1 BIS Modem The M114 CAT-1BIS is a serial-to-cellular modem that comes pre-configured with Lantronix’s new Percepxion™ IoT software to provide secure, comprehensive device lifecycle management at the edge. IRVINE, Calif., March 20, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of compute and connectivity IoT solutions, today announced the a
IRVINE, Calif., March 11, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of compute and connectivity IoT solutions, today announced that Lantronix CEO Saleel Awsare will participate in a fireside chat with MKM Roth analyst Scott Searle on Monday, March 18, 2024, at 3:30 p.m. Pacific Standard Time, and will be joined by Lantronix CFO Jeremy Whitaker for one-on-one meetings with investors at the 36th Annual Roth Conference held March 17–19, 2024, at the Ritz Carlton Lagu
Single-Board Computer Delivers Feature-Rich Development CapabilitiesIRVINE, Calif., March 06, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of compute and connectivity IoT solutions that target high-growth industries, including Smart Cities, Automotive and Enterprise, today announced its new Snapdragon™ 8 Gen 3 mobile hardware development kit (HDK). A single-board computer (SBC) built on the Snapdragon 8 Gen 3 Platform, the new HDK provides an expandable, feature-rich
IRVINE, Calif., March 04, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of compute and connectivity IoT solutions, announced that in connection with the commencement of the employment of Kurt Hoff, vice president, Worldwide Sales, effective March 4, 2024, the Company has agreed to issue Hoff inducement awards consisting of 62,404 restricted share units (RSUs) and 43,203 performance-based share units (PSUs), with the number of PSUs assuming target level of performance.
IRVINE, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of compute and connectivity IoT solutions, today announced the appointment of Kurt Hoff as its vice president, Worldwide Sales, effective March 4, 2024. Hoff will replace Roger Holliday, vice president of Worldwide Sales at Lantronix, who is stepping down on Feb. 29, 2024, in order to retire. “We are very pleased to welcome Kurt Hoff to the Lantronix leadership team,” said Saleel Awsare, president
While it’s tempting to jump on a company like Nvidia (NASDAQ:NVDA), at some point, it won’t match expectations, which brings us to a discussion about underappreciated tech stocks. They’re nowhere near as enticing as NVDA. However, they could offer superior returns. That might sound like an arrogant if not irrational proposition. But the thing is, a company that has already exceeded expectations can only aim higher to enjoy similar praise. On the flipside, the reduced expectations of diamond-in-t
While digital innovation is all the rage, the underlying companies’ lofty valuations incentivizes a closer look at tech penny stocks. Of course, this sector presents extreme risks: you don’t want to spend any more money here than you can afford to lose. Quite frankly, you probably will lose. That said, unless you own a time machine, you’re not going to be able to buy shares of Nvidia (NASDAQ:NVDA) for under ten bucks. Those days are long gone. What you can do is to find the next NVDA – or at lea
Even if it's not a huge purchase, we think it was good to see that Saleel Awsare, the President of Lantronix, Inc...
Percepxion™ comes pre-configured in Lantronix’s gateways, routers, trackers and switches to accelerate IoT edge device deploymentsIRVINE, Calif., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of compute and connectivity IoT solutions, today announced Percepxion™, its new Cloud IoT Edge Solutions platform. Percepxion is pre-configured into Lantronix’s award-winning IoT gateways, routers, trackers and switches to provide secure, comprehensive device lifecycle m