* Lantronix Inc is expected to show a rise in quarterly revenue when it reports results on November 7 for the period ending September 30 2024

* The Irvine California-based company is expected to report a 9.9% increase in revenue to $36.314 million from $33.03 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.The company's guidance on September 5 2024, for the period ended September 30, was for revenue between $34.00 million and $38.00 million.

* ​LSEG's mean analyst estimate for Lantronix Inc is for earnings of 9 cents per share. The company's EPS guidance on September 5 2024, for the period ended September 30, was between $0.07 and $0.11

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts had fallen by about 1.3% in the last three months. ​

* Wall Street's median 12-month price target for Lantronix Inc is 7.00​, above​ its last closing price of $3.96. ​​​

The company's guidance on September 5 2024 for the period ended September 30 was for gross profit margin between USD42% and USD45%. Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 0.15 0.15 0.15 Met -2.6

Mar. 31 2024 0.10 0.10 0.11 Beat 12.2

Jan. 1 0001 0.08 0.08 0.08 Met -2.4​

Sep. 30 2023 0.03 0.03 0.07 Beat 169.2

​​Jun. 0.06 0.06 0.06 Met -3.2

30 2023

Mar. 31 2023 0.07 0.07 0.06 Missed -10.4​

Dec. 31 2022 0.02 0.03 0.04 Beat 47.1

Sep. 30 2022 0.05 0.05 0.07 Beat 54.2

This summary was machine generated November 4 at 15:37 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)