These Analysts Cut Their Forecasts On Lantronix Following Q3 Results
LTRX reported in-line earnings of 3 cents, missing sales expectations. Fourth-quarter adjusted EPS expected between $0.00-$0.02, below estimates. Analysts lowered price targets yet maintained 'Buy' ratings. Shares fell 1.4% post-earnings announcement, trading at $2.07. CEO highlights investments in AI and 5G for future growth.
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