Lantronix, Inc. reported earnings results for the fourth quarter ended June 30, 2022. For the fourth quarter, the company reported sales was USD 35.95 million compared to USD 20.64 million a year ago. Net income was USD 2.51 million compared to net loss of USD 1.1 million a year ago.

Basic earnings per share from continuing operations was USD 0.07 compared to basic loss per share from continuing operations of USD 0.04 a year ago. Diluted earnings per share from continuing operations was USD 0.07 compared to diluted loss per share from continuing operations of USD 0.04 a year ago.