Lantronix Earnings Beat Forecasts, Revenue Misses Expectations

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Lantronix Inc Stock Intrinsic Value – Lantronix ($NASDAQ:LTRX), Inc. is a global provider of secure data access and management solutions for Internet of Things and information technology assets. The company reported first quarter earnings that beat analysts’ forecasts, but revenue fell short of expectations. Lantronix provides solutions that enable remote access, management, and control of any electronic device over the Internet. Its products are used in a variety of industries, including healthcare, manufacturing, retail, and government. The company’s earnings beat forecasts due to strong demand for its IoT solutions.

However, revenue fell short of expectations as some customers delayed orders due to the pandemic. Looking forward, Lantronix is confident that demand for its solutions will continue to grow as more organizations adopt IoT technologies. The company is well-positioned to capitalize on this trend with its innovative products and strong market position.

Earnings

Lantronix Inc. reported its earnings for the fourth quarter of its fiscal year 2022, ended June 30. The company earned 129.7 million dollars in total revenue and lost 5.4 million dollars in net income. Compared to the previous year, Lantronix Inc. saw an 81.4% increase in total revenue. The company attributed this increase to strong demand for its products and services.

Looking at the last three years, Lantronix Inc.’s total revenue has reached from 59.9 million dollars to 129.7 million dollars. The company is confident that it can continue to grow its revenue in the future.

Market Price

On Thursday, LANTRONIX INC stock opened at $4.1 and closed at $5.3, soar by 38.5% from prior closing price of 3.8. The company’s earnings beat forecasts, but revenue missed expectations. Despite this, the stock soared on Thursday as investors bought up shares. The news has been mostly negative for LANTRONIX INC lately, but the stock shot up on Thursday after the company released its earnings report.

The report showed that while revenue missed expectations, earnings beat forecasts. This was enough to encourage investors to buy up shares, driving the stock price up by 38.5%. It remains to be seen whether this rally can be sustained in the face of continued negative news, but for now, investors are betting on LANTRONIX INC.

VI Analysis – Lantronix Inc Stock Intrinsic Value

The VI app analyzes a company’s fundamentals and reflects its long term potential. The fair value of the company’s share is around $6.7, calculated by VI Line. The company’s stock is currently traded at $5.3, undervalued by 21%.

VI Peers

Lantronix’s solutions enable its customers to remotely and securely connect to, manage, and control virtually any electronic device. Lantronix’s competitors include Identiv Inc, Eutelsat Communications, and ZTE Corp.

– Identiv Inc ($NASDAQ:INVE)

Identiv, Inc. is a global provider of physical security and safe identity solutions. The company offers a wide range of products and services that enable the secure movement of people, assets, and data. Identiv’s solutions are used in a variety of applications, including identity verification, access control, video surveillance, and asset tracking.

Identiv’s market cap is $278.32 million as of 2022. The company’s return on equity is -0.4%.

Identiv provides physical security and safe identity solutions that are used in a variety of applications, including identity verification, access control, video surveillance, and asset tracking. The company’s products and services enable the secure movement of people, assets, and data.

– Eutelsat Communications ($OTCPK:ETCMY)

Eutelsat Communications is a leading satellite operator. The company has a market cap of 2.15B as of 2022 and a Return on Equity of 9.77%. Eutelsat Communications provides satellite communications services to broadcasters, content and internet service providers, mobile and fixed network operators, governments and institutions. The company operates a fleet of over 40 satellites and has a global footprint spanning over 180 countries.

– ZTE Corp ($SZSE:000063)

ZTE Corporation is a Chinese multinational telecommunications equipment and systems company headquartered in Shenzhen, Guangdong, China. The company produces mobile phones and telecommunications equipment for customers in over 160 countries. ZTE operates in three business units: carrier networks, terminals, and telecommunication. Carrier networks business unit provides products and services for telecom carriers, including wireless, exchange, access, optical transport, data communications, and software products. Terminals business unit provides mobile phones, mobile broadband devices, home appliances, and vehicle-mounted devices. Telecommunication business unit provides fixed-line broadband, IPTV, and data communications products and services for enterprises and consumers.

As of 2022, ZTE Corporation has a market capitalization of 94.61 billion US dollars. The company’s return on equity (ROE) is 11.4%. ZTE Corporation is a leading telecommunications equipment and systems company with a strong international presence. The company’s products and services are used by customers in over 160 countries. ZTE operates in three main business units: carrier networks, terminals, and telecommunication. ZTE has a strong focus on research and development, and has been awarded over 25,000 patents worldwide.

Summary

LANTRONIX Inc. is a leading global provider of advanced connectivity solutions. The company offers a wide range of solutions for industrial, commercial and government applications. Investors considering a position in LANTRONIX Inc. may want to consider the company’s strong financial position. In addition to its strong cash position, LANTRONIX Inc. has also been very efficient in managing its debt. This indicates that LANTRONIX Inc. has been able to effectively manage its debt burden.

Overall, LANTRONIX Inc. seems to be in a strong financial position. The company has a strong cash position and has been very efficient in managing its debt. These factors could make LANTRONIX Inc. a attractive investment option for investors looking for exposure to the technology sector.