Lantronix to Present at 25th Annual Needham Growth Conference in 2023
January 16, 2023
Trending News ☀️
Lantronix Intrinsic Value – Lantronix ($NASDAQ:LTRX) Inc. is a technology solutions provider specializing in secure data access and management, remote monitoring, and control of IT assets and other equipment. The company has just announced that they will be presenting at the 25th Annual Needham Growth Conference on January 11, 2023. This conference is one of the largest technology investing events in the United States and brings together prominent institutional investors, private equity firms, venture capitalists and corporate executives from around the world. It’s a great opportunity for Lantronix to showcase their products and services to potential investors and partners. During the presentation, Lantronix will give an overview of their business strategy, discuss their recent achievements and provide an update on their progress in the market. The company will also provide an update on their financial performance, operational milestones and other key developments.
This is part of their ongoing effort to keep investors informed and up to date with the latest news and information. In addition to the presentation at the Needham Growth Conference, Lantronix will also be available for one-on-one meetings with investors to discuss their products, services and financial performance. This is a great way for the company to reach out to potential investors and build trust in their long-term prospects. Lantronix is excited about the opportunity to present at the 25th Annual Needham Growth Conference and looks forward to connecting with investors from around the world. The conference gives them a chance to share their story and demonstrate their commitment to creating innovative solutions that make a difference in the lives of their customers.
Share Price
The news has been met with mostly positive sentiment from investors and analysts alike. On the same day, the LANTRONIX stock opened at $4.4 and closed at the same price, representing an increase of 3.7% from their last closing price of 4.3. It offers a unique platform for companies to showcase their products and services and interact with potential customers and partners. As market leaders in enabling the “Internet of Things” with secure and reliable networking solutions, LANTRONIX is well-positioned to take advantage of the opportunities that come with the ever-evolving IT landscape.
The Needham Growth Conference is a great opportunity for LANTRONIX to demonstrate their leadership in the industry and network with potential customers and partners. It also serves as a platform to showcase the company’s latest product offerings, which could be a major factor in driving future growth. With news sentiment being mostly positive, LANTRONIX’s stock performance on Friday is a good indication of investor confidence in the company’s future prospects. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Lantronix. More…
| Total Revenues | Net Income | Net Margin |
| 133.75 | -4.73 | -2.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Lantronix. More…
| Operations | Investing | Financing |
| -13.57 | -7.26 | 23.68 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Lantronix. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 150.13 | 70.39 | 2.2 |
Key Ratios Snapshot
Some of the financial key ratios for Lantronix are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 41.4% | – | -3.9% |
| FCF Margin | ROE | ROA |
| -12.4% | -4.1% | -2.2% |
VI Analysis – Lantronix Intrinsic Value Calculator
LANTRONIX is a company whose long term potential can be seen in its fundamentals. The value of its stock can be estimated using the VI Line, which places the intrinsic value of LANTRONIX shares at around $6.8. This means that the current price of LANTRONIX stock at $4.4 represents a 35% discount to its intrinsic value, making it an attractive investment opportunity. The potential return on investment is further enhanced by the fact that LANTRONIX has a strong balance sheet and reported profits over the past few years. The company also has a strong track record of producing innovative products and services, which are highly sought after in the market. Additionally, LANTRONIX has a well-diversified customer base and a strong presence in the markets it serves. All of these factors point to a positive outlook for the company and makes it a great choice for investors looking for long-term value. More…
VI Peers
Lantronix‘s solutions enable its customers to remotely and securely connect to, manage, and control virtually any electronic device. Lantronix’s competitors include Identiv Inc, Eutelsat Communications, and ZTE Corp.
– Identiv Inc ($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
Investing in Lantronix can be a profitable move for investors. The company recently announced its participation in the 25th Annual Needham Growth Conference in 2023, which has further been followed by mostly positive news sentiment. This has been reflected in the company’s stock price, which has seen an increase on the same day of the announcement.
As the company continues to grow, investors may be able to benefit from its potential for long-term growth and profitability. With the right strategy and careful research, investing in Lantronix could be a rewarding experience.
