Lantronix shared its first-quarter results for 2027, with sales up over 8% to $32.4 million.

Nov 9, 2026, 5:33 PM ETResultsRead the original at Benzinga

Good for LTRX

Lantronix reported fiscal Q1 sales of $32.4 million, up over 8%, and adjusted profit of $2.2 million, up 50%. Its next-quarter profit forecast spans $1.8 million to $2.7 million, so another increase is not assured, but current growth and product progress support a positive reading.

LTRX · Lantronix Inc

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The AI's read

Growth came from Embedded IoT Solutions, where unmanned systems are driving sales. The Blue UAS listing can make customer qualification easier, and Spotter combines several functions on one board. The Nero Global purchase also raised the share of software and service sales, which the company says can make sales more predictable. The next-quarter profit forecast spans $1.8 million to $2.7 million, so another increase is not assured. Current growth and product progress support a positive reading.

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