Lantronix records $32.4 million in Q1 revenue, maintaining growth trend
LTRX Lantronix Inc
$5.45 +5.52%
View chart & analysis → - 1Lantronix Q1 revenue growth exceeded 8% compared to the previous year.
- 2Lantronix Q1 Non-GAAP net income increased by 50% to $2.2 million.
- 3Lantronix Q1 Non-GAAP gross margin expanded to approximately 45%.
So what's the key point?
Lantronix Q1 revenue grew by more than 8% compared to last year. Profits also increased significantly to $2.2 million, indicating the company is growing well.
Source The Motley Fool +1 · View original ↗
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