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Lantronix Reschedules Fourth Quarter and Fiscal 2022 Results to August 25, 2022
IRVINE, Calif., Aug. 18, 2022 (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., Aug. 18, 2022 (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 it will release financial results for its fourth quarter of fiscal 2022 and full fiscal year ended June 30, 2022, after the close of the market on Thursday, August 25, 2022. The release of the Company’s fiscal 2022 fourth quarter and full fiscal year ended June 30, 2022, financial results, and the conference call originally scheduled for August 18, 2022, are being rescheduled to provide the Company’s independent registered accounting firm additional time to finalize its audit of the fiscal 2022 financial statements. As previously announced, the Company expects to report record revenues in excess of $35 million for the fourth fiscal quarter ended June 30, 2022. For the full fiscal year 2023, Lantronix is targeting revenue of $149 million to $162 million, representing approximately 15% to 25% growth. Management will host an investor conference call and audio webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on August 25, 2022. Investors should visit the investor relations section of the Company’s website for call-in details and a simultaneous webcast of the event. About Lantronix Lantronix Inc. is 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. Lantronix enables its customers to accelerate time to market and increase operational uptime and efficiency by providing reliable, secure and connected Intelligent Edge IoT and Remote Management Gateway solutions. Lantronix’s products and services dramatically simplify the creation, development, deployment and management of IoT and IT projects across Robotics, Automotive, Wearables, Video Conferencing, Industrial, Medical, Logistics, Smart Cities, Security, Retail, Branch Office, Server Room, and Datacenter applications. For more information, visit the Lantronix website. Learn more at the Lantronix blog, which features industry discussion and updates. Follow Lantronix ...