Business
Lantronix Announces Preliminary Record Revenue Results for First Quarter of Fiscal 2022 with Final Results to be Reported on November 11, 2021
IRVINE, Calif., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (NASDAQ: LTRX), a global provider of secure turnkey solutions for the
About this update from Lantronix, Inc.
[{"type":"text","content":"IRVINE, Calif., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM) offering Software as a Service (SaaS), connectivity services, engineering services and intelligent hardware, today announced preliminary revenue results for its fiscal 2022 first quarter ended September 30, 2021, and will release full results on November 11, 2021, after the close of the market. For the first quarter of fiscal 2022 ended September 30, 2021, Lantronix currently expects to report record revenues greater than $27 million, driven by record backlog, robust demand, and concerted supply chain disruption mitigation. Management will host an investor conference call and audio webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on November 11, 2021. To access the live conference call, investors should dial 1-844-802-2442 (US) or 1-412-317-5135 (international) and indicate that they are participating in the Lantronix Q1 FY 2022 call. The webcast will be available simultaneously via the investor relations section of the Company’s website at www.lantronix.com. Investors can access a replay of the conference call starting at approximately 7:00 p.m. Pacific Time on November 11, 2021, at www.lantronix.com. A telephonic replay will also be available through November 18, 2021, by dialing 1-877-344-7529 (US) or 1-412-317-0088 (international) or Canada Toll-Free 855-669-9658 and entering passcode 10161701. About Lantronix Lantronix, Inc. is a global provider of engineering services, hardware, and software solutions for Edge Computing, the Internet of Things (IoT), and Out-of-Band Management (OOBM). Lantronix enables its customers to provide reliable and secure IoT Intelligent Edge and OOBM solutions while accelerating time to market. Lantronix’s products and services dramatically simplify the creation, development, deployment, and management of IoT projects while providing quality, reliability and security across hardware, software, and solutions. With three decades of proven experience in creating robust IoT technologies and OOBM solutions, Lantronix is an innovator in enabling its customers to build new business models, leverage greater efficiencies and realize the possibilities of the Internet of Things. Lantron...