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home / articles / LTRX - Investigation Into Lantronix Inc. (LTRX) Announced by Holzer & Holzer LLC | Benzinga

LTRX - Investigation Into Lantronix Inc. (LTRX) Announced by Holzer & Holzer LLC | Benzinga

Lantronix Inc.

  • ATLANTA, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Lantronix, Inc. ("Lantronix" or the "Company") (NASDAQ:LTRX) complied with federal securities laws. On February 8, 2024, Lantronix reported its financial results for its second quarter of fiscal 2024 and revised its full-year guidance, stating that "[t]he change in our annual guidance is primarily due to lower expected sales for our embedded IOT solutions as a result of two factors: a general slowdown in our broad-based channel business as customers work through their inventories, and ...

    LTRX) Announced by Holzer & Holzer, LLC>Full story available on Benzinga.com

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    Stock Information
    Company Name: Lantronix Inc.
    Stock Symbol: LTRX
    Market: NASDAQ
    Website: lantronix.com
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