Lantronix (LTRX) Tops Q4 EPS by 6c
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Lantronix Reports Fourth Quarter and Fiscal 2016 Financial Results
August 23, 2016 4:15 PM EDTIRVINE, Calif., Aug. 23, 2016 (GLOBE NEWSWIRE) -- Lantronix, Inc. (the Company) (NASDAQ: LTRX) a global provider of secure data access and management solutions for Internet of Things (IoT) and information technology (IT) assets, today reported results for its fourth quarter and fiscal year for the period ended June 30, 2016.
Financial Highlights for Fourth Fiscal Quarter
Net revenue of $10.5 millionGross profit margin of 47.0%GAAP net loss of $247,000 or $0.02 per shareNon-GAAP net income of $121,000 or $0.01 per shareCash and cash equivalents of $6.0 millionOperational and Product Highlights: Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
During... More