Lantronix, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended December 31, 2012. For the quarter, the company reported net revenue was $12.16 million against $10.45 million a year ago, primarily due to an increase in unit sales of company's new products, and to a lesser extent, revenue growth of older products in each of 3 major product lines. Loss from operations was $0.352 million against $1.33 million a year ago. Loss before income tax was $0.391 million against $1.36 million a year ago. Net loss and comprehensive loss was $0.412 million against $1.38 million a year ago. Basic and diluted loss per share was $0.03 against $0.13 a year ago. Non-GAAP net income was $0.070 million or $0.00 diluted per share against loss of $0.629 million or $0.06 diluted loss per share a year ago.

For the six months, the company reported net revenue was $23.36 million against $21.64 million a year ago. Loss from operations was $0.757 million against $2.71 million a year ago. Loss before income tax benefit was $0.806 million against $2.79 million a year ago. Net loss and comprehensive loss was $0.842 million against $2.82 million a year ago. Basic and diluted loss per share was $0.06 against $0.27 a year ago. Non-GAAP net income was $0.118 million or $0.01 diluted per share against loss of $1.33 million or $0.13 diluted loss per share a year ago.