LTRX Earnings

LTRX reported its earnings on 2026-02-04, showcasing a revenue of 29.77M against an estimate of 30.20M, resulting in a -1.41% surprise. The EPS was -0.03, surpassing the expected 0.03 by -200%. The stock experienced a -6.58% price change on the earnings day and a -0.16% change over the next five days, reflecting market reactions to the results.

Following LTRX's earnings announcement on 2026-02-04, the stock price moved by -6.58% on the day of the release. Over the subsequent five days, it saw a -0.16% change. Historically, LTRX's stock price tends to shift by an average of -2.03% in the 10 days leading up to earnings and 2.07% in the 10 days following, providing insight into potential market.

For 2026/Q3, analysts estimate LTRX's annual revenue to reach 31.64M, while the EPS is projected at 0.05. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between LTRX's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2026 were unchanged by 0%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, LTRX's stock price typically moves by -2.03% in the 10 days before its earnings and 2.07% in the 10 days after. For the upcoming 2026/Q3 earnings, analysts expect an EPS of 0.05 and revenue of 31.64M.

The earnings call presents a positive outlook with strong drone business growth, improved financial health, and optimistic guidance. Despite some challenges in IoT systems, the company is addressing supply constraints and expects demand to increase. Positive cash flow, reduced debt, and strategic M&A plans further bolster confidence. The Q&A section supports the positive sentiment, highlighting raised revenue guidance and opportunities in the Drone Dominance program. Overall, the positive financial performance and optimistic future prospects suggest a positive stock price movement.