LTRX - Lantronix Non-GAAP EPS of $0.10 beats by $0.02 revenue of $33.68M beats by $4.72M

Lantronix press release (NASDAQ:LTRX): FQ2 Non-GAAP EPS of $0.10 beats by $0.02. Revenue of $33.68M (+103.0% Y/Y) beats by $4.72M. After tempering its expected results for continued supply chain dynamics, the company raised its FY2022 revenue guidance to a range of $112.5M to $127.5M, representing growth of 57% to 78%Y/Y vs. consensus of $118.50M. After adjusting the share count for its recent capital raise, the company expects non-GAAP EPS in the range of $0.32 to $0.40 vs. consensus of $0.38.

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Lantronix Non-GAAP EPS of $0.10 beats by $0.02, revenue of $33.68M beats by $4.72M