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Lantronix Reports Fourth Quarter and Fiscal 2016 Financial Results GlobeNewswire•August 23, 2016
IRVINE, Calif., Aug. 23, 2016 (GLOBE NEWSWIRE) -- Lantronix, Inc. (the “Company”) (LTRX) a global provider of secure data access and management solutions for Internet of Things (IoT) and information technology (IT) assets, today reported results for its fourth quarter and fiscal year for the period ended June 30, 2016.
Financial Highlights for Fourth Fiscal Quarter
Net revenue of $10.5 million Gross profit margin of 47.0% GAAP net loss of $247,000 or $0.02 per share Non-GAAP net income of $121,000 or $0.01 per share Cash and cash equivalents of $6.0 million |