{"id":835372,"date":"2025-04-09T07:04:20","date_gmt":"2025-04-09T11:04:20","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lantronix-ranks-8th-on-orange-county-business-journals-list-of-fastest-growing-midsize-public-companies\/"},"modified":"2025-04-09T07:04:20","modified_gmt":"2025-04-09T11:04:20","slug":"lantronix-ranks-8th-on-orange-county-business-journals-list-of-fastest-growing-midsize-public-companies","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lantronix-ranks-8th-on-orange-county-business-journals-list-of-fastest-growing-midsize-public-companies\/","title":{"rendered":"Lantronix Ranks 8th on Orange County Business Journal\u2019s List of Fastest-Growing Midsize Public Companies"},"content":{"rendered":"
\n

IRVINE, Calif., April 09, 2025 (GLOBE NEWSWIRE) — Lantronix Inc.<\/a>\u00a0(NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling Edge AI Intelligence, today announced it has been named the 8th<\/sup> Fastest-Growing Midsize Public Company in Orange County, Calif., by the Orange County Business Journal. Rankings are based on each company\u2019s two-year revenue growth from 2022 to 2024. Lantronix grew 22 percent during this period, reporting revenues of $160.3 million for the 12 months ended Dec. 30, 2024.<\/p>\n

\u201cWe are honored to be ranked 8th<\/sup> on the OCBJ\u2019s annual ranking of the Fastest-Growing Midsize Public Companies,\u201d said Saleel Awsare, chief executive officer and president at Lantronix. \u201cThis validation is a credit to the support of our dedicated team as well as our exceptional technology and channel partners that have enabled us to bring exceptional, breakthrough solutions to market, driving forward our presence in AI, Edge Computing, Industry 4.0, IIoT and Out-of-Band Management.\u201d<\/p>\n

To fuel its strategic growth in 2025 and beyond, Lantronix\u2019s has recently hired seasoned industry leaders to expand and scale its presence as a global leader in compute and connectivity. For details, visit the Lantronix press releases webpage<\/a>.<\/p>\n

Lantronix is the winner of many corporate and industry awards, including the 2025 IoT Breakthrough Awards IoT CEO of the Year Award for its CEO, Saleel Awsare. Lantronix also ranked on the prestigious 2025 CRN\u00ae Internet of Things (IoT) 50 list and won industry awards including the 2024 IoT Evolution Asset Tracking Award, the 2024 IoT Evolution Business Impact Award and the 2024 IoT Evolution Product of the Year Award.<\/p>\n

\n About Lantronix<\/strong>\n <\/p>\n

Lantronix Inc. is a global leader of compute and connectivity IoT solutions that target high-growth markets,\u00a0including Smart Cities, Enterprise and Transportation. Lantronix\u2019s products and services empower companies to succeed in the growing IoT markets by delivering customizable solutions that enable AI Edge Intelligence. Lantronix\u2019s advanced solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing.<\/p>\n

For more information, visit the Lantronix website<\/u><\/a>.<\/p>\n

\n \u201cSafe Harbor\u201d Statement under the Private Securities Litigation Reform Act of 1995:\u00a0This news release contains forward-looking statements within the meaning of federal securities laws, including, without limitation, statements related to Lantronix products or leadership team.\u00a0These forward-looking statements are based on our current expectations and are subject to\u00a0substantial\u00a0risks and uncertainties that could cause\u00a0our actual results, future business, financial condition, or performance\u00a0to differ materially from\u00a0our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as\u00a0the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers\u2019 and vendors\u2019 supply chains due to the COVID-19 pandemic or other outbreaks, wars and recent tensions in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; cybersecurity risks; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to successfully implement our acquisitions strategy or integrate acquired companies;\u00a0difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2024, filed with the Securities and Exchange Commission (the \u201cSEC\u201d) on Sept. 9, 2024, including in the section entitled \u201cRisk Factors\u201d in Item 1A of Part I of that report, as well as in our other public filings with the SEC.\u00a0Additional risk factors may be identified from time to time in our future filings. In addition, actual results may differ as a result of additional risks and uncertainties about which we are currently unaware or which we do not currently view as material to our business. For these reasons, investors are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements we make speak only as of the date on which they are made. We expressly disclaim any intent or obligation to update any forward-looking statements after the date hereof to conform such statements to actual results or to changes in our opinions or expectations, except as required by applicable law or the rules of the Nasdaq Stock Market LLC. If we do update or correct any forward-looking statements, investors should not conclude that we will make additional updates or corrections.<\/em>\n <\/p>\n

\n Lantronix Media Contact:<\/strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0
Gail Kathryn Miller
Corporate Marketing &
Communications Manager
media@lantronix.com<\/a><\/p>\n

\n Lantronix Analyst and Investor Contact:<\/strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0
investors@lantronix.com<\/a><\/p>\n

\u00a92025 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.<\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

IRVINE, Calif., April 09, 2025 (GLOBE NEWSWIRE) — Lantronix Inc.\u00a0(NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling Edge AI Intelligence, today announced it has been named the 8th Fastest-Growing Midsize Public Company in Orange County, Calif., by the Orange County Business Journal. Rankings are based on each company\u2019s two-year revenue growth from 2022 to 2024. Lantronix grew 22 percent during this period, reporting revenues of $160.3 million for the 12 months ended Dec. 30, 2024. \u201cWe are honored to be ranked 8th on the OCBJ\u2019s annual ranking of the Fastest-Growing Midsize Public Companies,\u201d said Saleel Awsare, chief executive officer and president at Lantronix. \u201cThis validation is a credit to the support of our dedicated team … <\/p>\n

Continue reading “Lantronix Ranks 8th on Orange County Business Journal\u2019s List of Fastest-Growing Midsize Public Companies”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-835372","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLantronix Ranks 8th on Orange County Business Journal\u2019s List of Fastest-Growing Midsize Public Companies - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lantronix-ranks-8th-on-orange-county-business-journals-list-of-fastest-growing-midsize-public-companies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lantronix Ranks 8th on Orange County Business Journal\u2019s List of Fastest-Growing Midsize Public Companies - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"IRVINE, Calif., April 09, 2025 (GLOBE NEWSWIRE) — Lantronix Inc.\u00a0(NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling Edge AI Intelligence, today announced it has been named the 8th Fastest-Growing Midsize Public Company in Orange County, Calif., by the Orange County Business Journal. Rankings are based on each company\u2019s two-year revenue growth from 2022 to 2024. 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