NASDAQ$LTRX
Lantronix Inc · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Lantronix reported record revenue for the second quarter of fiscal year 2024.
Lantronix reported net revenue of $37.0 million, an 18% increase year-over-year. The company's GAAP EPS was ($0.07), while non-GAAP EPS was $0.08.
- Net revenue totaled $37.0 million, up 12% sequentially and up 18% year-over-year.
- GAAP EPS was ($0.07), compared to ($0.07) in the prior year and ($0.05) in the prior quarter.
- Non-GAAP EPS was $0.08, compared to $0.04 in the prior year and $0.07 in the prior quarter.
- The company expects revenue in a range of $38 million to $42 million and non-GAAP EPS of $0.09 to $0.13 per share for the third fiscal quarter of 2024.
Headline financials
Revenue & EPS history
Lantronix · Revenue · Quarterly
$37M
Forward guidance
For the third fiscal quarter of 2024, the company expects revenue in a range of $38 million to $42 million and non-GAAP EPS of $0.09 to $0.13 per share. For fiscal year 2024, the company expects revenue in a range of $155 million to $165 million and non-GAAP EPS in a range of $0.35 to $0.45 per share.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2024
-0.6%
Avg return
Earnings day
+2.4%
Avg return
5 days after
-0.5%
Avg return
30 days after
41%
26 / 64 earnings
Positive
+30.3%
Q2 2017
Best reaction
-32.8%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | +5.7% | +5.2% | +12.4% | |
| Q2 2026 | -6.6% | -0.2% | -9.3% | |
| Q1 2026 | -0.8% | +2.2% | +9.3% | |
| Q3 2025 | -7.1% | +3.5% | +1.3% | |
| Q2 2025 | -24.1% | -28.2% | -32.9% | |
| Q1 2025 | -26.2% | -33.5% | -14.9% | |
| Q4 2024 | +7.2% | +13.9% | +12.8% | |
| Q3 2024 | +15.0% | +11.3% | +15.3% | |
| Q2 2024 | -32.8% | -33.4% | -34.6% | |
| Q1 2024 | +14.1% | +14.1% | +38.7% | |
| Q4 2023 | +29.9% | +32.4% | +6.1% | |
| Q3 2023 | +9.0% | +25.3% | +13.7% | |
| Q2 2023 | +12.1% | +5.2% | -8.7% | |
| Q1 2023 | +29.1% | +27.9% | +11.7% | |
| Q4 2022 | -11.5% | -14.2% | -36.3% | |
| Q3 2022 | +4.8% | +3.0% | +10.9% | |
| Q2 2022 | -15.0% | -12.5% | -16.1% | |
| Q1 2022 | -16.3% | -11.2% | -28.9% | |
| Q4 2021 | +9.1% | +24.2% | +17.0% | |
| Q3 2021 | +14.2% | +24.5% | +16.3% | |
| Q2 2021 | -6.7% | +0.6% | -8.4% | |
| Q1 2021 | -7.0% | -8.0% | +1.0% | |
| Q4 2020 | -6.7% | -7.1% | +7.3% | |
| Q3 2020 | +19.2% | +21.4% | +26.1% | |
| Q2 2020 | -10.2% | -14.9% | -48.6% | |
| Q1 2020 | +4.2% | +10.4% | +5.5% | |
| Q4 2019 | -6.5% | -10.1% | -1.1% | |
| Q3 2019 | -0.3% | -4.2% | -4.7% | |
| Q2 2019 | -5.0% | -10.6% | -7.8% | |
| Q1 2019 | -11.3% | -4.6% | -22.9% | |
| Q4 2018 | +22.9% | +52.8% | +0.5% | |
| Q3 2018 | +9.1% | +2.2% | +33.9% | |
| Q2 2018 | -0.8% | -13.0% | -6.9% | |
| Q1 2018 | -7.9% | -14.5% | -1.9% | |
| Q4 2017 | +20.2% | +11.3% | +3.0% | |
| Q3 2017 | -6.0% | -6.0% | -15.4% | |
| Q2 2017 | +30.3% | +42.4% | +52.1% | |
| Q1 2017 | +4.7% | +0.7% | -2.7% | |
| Q4 2016 | -5.0% | -13.8% | -12.5% | |
| Q3 2016 | -0.9% | — | — | |
| Q2 2016 | +2.2% | — | — | |
| Q1 2016 | -3.2% | — | — | |
| Q4 2015 | -3.8% | — | — | |
| Q3 2015 | -4.8% | — | — | |
| Q2 2015 | -17.4% | — | — | |
| Q1 2015 | +4.9% | — | — | |
| Q4 2014 | +1.1% | — | — | |
| Q3 2014 | -11.3% | — | — | |
| Q2 2014 | -15.2% | — | — | |
| Q1 2014 | +2.9% | — | — | |
| Q4 2013 | -6.3% | — | — | |
| Q3 2013 | -19.1% | — | — | |
| Q2 2013 | -0.5% | — | — | |
| Q1 2013 | +6.2% | — | — | |
| Q4 2012 | -10.3% | — | — | |
| Q3 2012 | -3.4% | — | — | |
| Q2 2012 | -3.7% | — | — | |
| Q1 2012 | -8.7% | — | — | |
| Q4 2011 | +15.0% | — | — | |
| Q3 2011 | -0.0% | — | — | |
| Q2 2010 | +2.5% | — | — | |
| Q1 2010 | -6.2% | — | — | |
| Q4 2010 | -4.7% | — | — | |
| Q3 2010 | +1.9% | — | — |
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