Lantronix, Inc. (NASDAQ: LTRX) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “After a decade of stagnant sales, Lantronix has upgraded its C-suite and DNA under incoming CEO, Paul Pickle (ex-President and COO of Microsemi). Additionally, product expansion and two recent acquisitions have filled product gaps, expanded distribution, and added to scale and profitability. Overall, Lantronix has quickly transformed from a marginal IoT player, to be a more meaningful vendor in the Industrial IoT (IIoT) and emerging private network ecosystem. We initiate coverage with a Buy and $6PT.”
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About Lantronix, Inc.
Lantronix, Inc. is a global provider of hardware and software solutions for the Internet of Things (IoT) and Out-of-Band Management (OOBM). Lantronix enables its customers to provide intelligent, reliable, and secure IoT and OOBM solutions while accelerating time to market. Lantronix’s solutions dramatically simplify the creation, development, deployment, and management of IoT projects while providing quality, reliability and security across hardware, software, and solutions.
With three decades of proven experience in creating robust IoT technologies and OOBM solutions, Lantronix is an innovator in enabling its customers to build new business models, leverage greater efficiencies and realize the possibilities of the Internet of Things. Lantronix’s solutions are deployed inside millions of machines at data centers, offices, and remote sites serving a wide range of industries, including energy, agriculture, medical, security, manufacturing, distribution, transportation, retail, financial, environmental, and government. For more information, visit the company’s website at www.lantronix.com
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