LTRX - Lantronix Non-GAAP EPS of $0.08 beats by $0.01 revenue of $32.3M beats by $2.82M; raises FY22 guidance

Lantronix press release (NASDAQ:LTRX): FQ3 Non-GAAP EPS of $0.08 beats by $0.01. Revenue of $32.3M (+88.9% Y/Y) beats by $2.82M. The company expects continuing growth in the fourth quarter and is raising its full year fiscal 2022 revenue guidance to a range of $125 million to $129 million vs. consensus of $122.27M, representing growth of approximately 75 percent to 80 percent year-over-year; non-GAAP EPS in the range of $0.31 to $0.37 cents per share vs. consensus of $0.33, up approximately 64 percent to 95 percent year-over-year.

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Lantronix Non-GAAP EPS of $0.08 beats by $0.01, revenue of $32.3M beats by $2.82M; raises FY22 guidance