Guidance will be bulish....The New Profitable LTRX will be born in 2014. In 2014 they expect 3% GAAP Operating Income and up to 7% in 2015
4Q and FY 2013 Earnings AH today.
Guidance will be bullish with an announcement of "return to profitability" starting this, Fiscal 2014, year consistent with their July 2013 Company Presentation after Fiscal 2013 officially ended June 30, 2013.
Bullish why?......they've started an aggressive global expansion with particular emphasis in China/Asia and Europe. But also because sales of the dozen or so M2M connectivity products they've launched in in the last 12 months are accelerating according to the July Company Presentation.
The July 2013 Company Presentation states than in 2014 they expect 3% GAAP Operating Income and up to 7% in 2015.....and double-digit revenue growth each year starting in 2014.
In case you did not know, the US Patent Office says that LTRX has been granted 71 patents for M2M products/applications/services since 1987 with dozens still pending. And you can buy all this with $1/share excluding cash????......Consider yourselves lucky to be able to get on this ground floor opportunity.
Even CEO Kurt Bush has his name on a recent android printer server patent application:
PRINT SERVER FOR A PORTABLE DEVICE
Systems and methods for a print server are provided that includes a processor and a memory coupled to the processor. The memory including instructions causing the processor to receive data from a computing device in a format native to the computing device and process the data received from the computing device into a format native to a printing device connected to the print server. The instructions further cause the system to provide control signals to the print device and provide the data to the print device in the format native to a printer connected to the print server.
Applicants: Lantronics inc.
Authors: Kurt Bush and David Wagstaff
Last status change:2013-04-25/ Fill date:2012-10-18