Lantronix Updates Revenue Guidance for the Third Quarter of Fiscal 2020
Lantronix, Inc. (LTRX)
Last lantronix, inc. earnings: 2/12 04:30 pm
Check Earnings Report
US:NASDAQ Investor Relations:
lantronix.com/investor-relations
Company Research
Source: GlobeNewswire
IRVINE, Calif., March 11, 2020 (GLOBE NEWSWIRE) -- Lantronix, Inc. (NASDAQ: LTRX), a global provider of secure data access and management solutions for the industrial Internet of Things (IoT), today updated its guidance for the third quarter of fiscal 2020 ending March 31, 2020. Our quarterly guidance provided on February 12, 2020 reflected our best estimate available at that time of the impact COVID-19 could have on our business. Since that date, we have experienced supply chain shortages more severe than initially expected as our overseas contract manufacturers have struggled to get back to full capacity following the extended Chinese New Year holiday, the rapid spread of the virus worldwide, and the growing number of quarantines related to COVID-19. While quarter to date we have seen no material order cancellations, demand has slowed as our customers struggle with the same disruptions. As a result of these factors and the overall uncertainty in the economy and our markets, we ar
Show less
Read more
Impact Snapshot
Event Time:
LTRX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LTRX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LTRX alerts
High impacting Lantronix, Inc. news events
Weekly update
A roundup of the hottest topics
LTRX
News
- Lantronix, Inc. (NASDAQ:LTRX) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock? [Yahoo! Finance]Yahoo! Finance
- Lantronix Third Quarter 2024 Earnings: US$0.011 loss per share (vs US$0.084 loss in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- Lantronix, Inc. (NASDAQ: LTRX) had its price target lowered by analysts at Craig Hallum from $7.00 to $6.00. They now have a "buy" rating on the stock.MarketBeat
- Lantronix, Inc. (NASDAQ: LTRX) had its price target lowered by analysts at Lake Street Capital from $8.00 to $7.00. They now have a "buy" rating on the stock.MarketBeat
- Lantronix, Inc. (NASDAQ: LTRX) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $7.00 price target on the stock.MarketBeat
LTRX
Earnings
- 4/29/24 - Beat
LTRX
Sec Filings
- 5/6/24 - Form 4
- 5/6/24 - Form 4
- 5/6/24 - Form 4
- LTRX's page on the SEC website