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Lantronix Shares Fall After Earnings - Orange County Business Journal
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Lantronix Shares Fall After Earnings - Orange County Business Journal
Computer networking components maker Lantronix Inc. in Irvine reported quarterly earnings that missed analysts’ estimates. The shares fell in after-hours trading. Revenue for the third fiscal quarter was $30.2 million, slightly below the average of $30.5 million of four analysts cited by Yahoo. Earnings per share were 3 cents, which was below analysts’ estimates of 4 cents apiece. “Our third-quarter results reflect our disciplined execution and …
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