Lantronix, Inc. Provides Revenue Guidance for the Full Fiscal Year 2021
November 10, 2021 at 04:30 pm EST
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Lantronix, Inc. provided revenue guidance for the full fiscal year 2021. For the year, the company expects that without supply chain constrains, it could post full-year revenue above the high-end of the guidance range. However, taking the current supply chain dynamics into account, the company?s more conservative expectations for the full year fiscal 2022 has improved to revenue growth of 54% ?75%.
Lantronix, Inc. is a global provider of compute and connectivity Internet of Things (IoT) solutions that target industries, including smart cities, automotive and enterprise. It provides Software as a Service (SaaS), connectivity services, engineering services, intelligent hardware, and turnkey solutions for the IoT and remote environment management. Its solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management for Cloud and Edge Computing. It organizes its portfolio of services and products into product lines: Embedded IoT Modules, IoT Systems Solutions, and Software and Engineering Services. Its SaaS platform provides single pane of glass management for remote environment management and IoT deployments. Its Percepxion is a Cloud IoT Edge Solutions platform. The Company has launched its FOX4 and Bolero 43 edge compute tracker telematics portals.
LANTRONIX, INC. 
