Lantronix, Inc. Reports Earnings Results for the Second Quarter Ended December 31, 2018
January 25, 2019 at 02:40 am IST
Lantronix, Inc. announced earnings results for the second quarter ended December 31, 2018. For the second quarter, the company announced sales was USD 12.114 million compared to USD 11.336 million a year ago. Operating income was USD 223,000 compared to USD 267,000 a year ago. Net income was USD 277,000 compared to USD 225,000 a year ago. Basic earnings per share was USD 0.01 compared to USD 0.01 a year ago. For the half year, sales was USD 24.393 million compared to USD 21.942 million a year ago. Operating income was USD 194,000 compared to operating loss of USD 346,000 a year ago. Net income was USD 194,000 compared to net loss of USD 416,000 a year ago. Basic earnings per share was USD 0.01 compared to basic loss per share of USD 0.02 a year ago.