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LTRXBearishEarningsnews
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Lantronix, Inc. (LTRX) Beats Q3 Earnings and Revenue Estimates

Apr 29, 2024, 7:03 PM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- Lantronix reported quarterly earnings beating the Zacks Consensus Estimate, with a 22.22% surprise. - Company has surpassed consensus EPS estimates three out of the last four quarters. - Lantronix shares have lost about 44.2% since the beginning of the year. - Investors should pay attention to future earnings outlook and industry performance. - Infinera is expected to report a significant year-over-year loss for the quarter. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Lantronix reported quarterly earnings beating the Zacks Consensus Estimate, with a 22.22% surprise.
  • Company has surpassed consensus EPS estimates three out of the last four quarters.
  • Lantronix shares have lost about 44.2% since the beginning of the year.
  • Investors should pay attention to future earnings outlook and industry performance.
  • Infinera is expected to report a significant year-over-year loss for the quarter.

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