Lantronix to Unveil New PoE++ Network Switches at BICSI Conference

Lantronix, Inc. LTRX will introduce its latest innovation — the 28-port SM24TBT4XPA Managed 2.5G Ethernet PoE++ network switch — at the 2025 BICSI Winter Conference & Exhibition. In addition, the company will showcase its 24-port SM24TBT4SA and 8-port SM8TBT2SA Managed Gigabit Ethernet PoE++ network switches during the event, which will take place on Feb. 4–6, 2025, at the Gaylord Palms Resort & Convention Center in Orlando, FL.The new product portfolio is designed to meet the evolving needs of industries requiring always-on network performance, high-speed connectivity and precise synchronization, such as smart buildings, security and surveillance and wireless networking. The state-of-the-art 28-port Managed Ethernet PoE++ Switch features 2.5G ports and IEEE 1588v2 for precise time sync, essential for wireless networks and financial trading. With an easy-to-use interface, it simplifies device management, reducing troubleshooting and costs. Integrated with Lantronix’s Percepxion platform, the switches offer end-to-end life cycle management, enterprise integration and data analytics in one place.Additional Solutions on Display at LTRX’s BoothApart from its latest PoE++ switches, Lantronix will exhibit a diverse range of network extension solutions at the event. It will display a wide portfolio of media conversion solutions, including, high-density network solutions and compact stand-alone converters. Various solutions for extending network links and delivering PoE to remote devices with compact power sourcing and PoE-powered converters can be explored. IoT Gateways are likely to offer secure wired and wireless connectivity for nearly any device. Options include the G520 Series IoT Cellular LTE CAT 4 and 5G Gateways, as well as the industrial-grade X300 Series with LTE M1, Cat-1, Wi-Fi, Bluetooth/BLE, Ethernet and serial interfaces. Lantronix continues to drive innovation in networking solutions, offering cutting-edge PoE++ switches, media converters and network extension tools for businesses worldwide.Despite growth in the Embedded IoT Solutions business, challenges persist in the IoT System Solutions and Software & Services segments. In the last reported quarter, Embedded IoT Solutions revenues grew 18% from both the previous quarter and a year ago. IoT System Solutions revenues experienced a 47% decline sequentially and a 1% fall year over year. The decrease was mainly due to a $16 million fall in smart grid shipments and a delayed federal order. Software & Services revenue rose 8% sequentially but fell 13% year over year. Stiff rivalry in the IoT space and global economic challenges remain concerns.LTRX’s Zacks Rank & Stock Price PerformanceLantronix currently carries a Zacks Rank #3 (Hold). Shares of the company have lost 40.6% in the past year against the industry's growth of 13%.Image Source: Zacks Investment ResearchStocks to ConsiderSome better-ranked stocks from the broader technology space are InterDigital, Inc. IDCC, Ubiquiti Inc. UI and Qualcomm Incorporated QCOM. IDCC, QCOM & UI carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1(Strong Buy) Rank stocks here.IDCC is a pioneer in advanced mobile technologies that enable wireless communications and capabilities. The company engages in designing and developing a wide range of advanced technology solutions, which are used in digital cellular as well as wireless 3G, 4G and IEEE 802-related products and networks. It has a long-term growth expectation of 17.44%.Qualcomm is well-positioned to meet its long-term revenue targets driven by solid 5G traction, greater visibility and a diversified revenue stream. It is increasingly focusing on the seamless transition from a wireless communications firm for the mobile industry to a connected processor company for the intelligent edge.Ubiquiti’s effective management of its strong global network of more than 100 distributors and master resellers improved its visibility for future demand and inventory management techniques. In the last reported quarter, Ubiquiti delivered an earnings surprise of 20.9%. Its highly flexible global business model enables it to adapt to the changing market dynamics to overcome challenges while maximizing growth.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report QUALCOMM Incorporated (QCOM): Free Stock Analysis Report Lantronix, Inc. (LTRX): Free Stock Analysis Report InterDigital, Inc. (IDCC): Free Stock Analysis Report Ubiquiti Inc. (UI): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks