SummaryLantronix (LTRX) has strategically pivoted to high-margin Edge AI and IoT System Solutions, driving growth in drones, software, and network infrastructure.OEM drone engagements rose from 10 to 17, with Tier-1 wins like Red Cat’s Teal Drones and new partnerships expanding Edge AI adoption.Recurring software and services revenue is growing, supported by new SaaS platforms like EdgeFabric.ai and Kompress.ai, targeting industrial and AI deployment markets.Gross margin reached a record 44.8% GAAP, OpEx declined 10% y/y, and Q2/26 guidance anticipates $28M–$32M revenue and $0.02–$0.04 non-GAAP EPS.Subscribe now
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