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Lantronix faces test between unmanned systems growth and memory cost burdens

Earnings Whispers · ·by G4L

LTRX
LTRX Lantronix Inc
$5.45 +5.52%
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  1. 1Lantronix has continued to raise its unmanned systems outlook over the past year.
  2. 2Lantronix shares fell approximately 10% following the report.
  3. 3The Street forecasts first-quarter fiscal revenue of $32.2 million.

So what's the key point?

Lantronix released a bright outlook for the unmanned systems market. However, the stock price fell by about 10 percent after the report was released.

Source Earnings Whispers · View original ↗

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