Lantronix (NASDAQ:LTRX) reported its Q2 earnings results on Thursday, February 10, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Lantronix beat estimated earnings by 25.0%, reporting an EPS of $0.1 versus an estimate of $0.08.
Revenue was up $17.10 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01, which was followed by a 15.15% drop in the share price the next day.
Here's a look at Lantronix's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.07 | 0.05 | 0.03 | 0.05 |
| EPS Actual | 0.08 | 0.06 | 0.05 | 0.03 |
| Revenue Estimate | 25.50M | 19.27M | 17.10M | 17.27M |
| Revenue Actual | 27.70M | 20.64M | 17.11M | 16.59M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
