Itron (ITRI) Misses Q1 EPS by 5c

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Itron Announces First Quarter 2015 Financial Results

May 4, 2015 4:00 PM EDT

LIBERTY LAKE, Wash.--(BUSINESS WIRE)-- Itron, Inc. (NASDAQ: ITRI) announced today financial results for its first quarter ended March 31, 2015. Highlights include:

Quarterly revenues of $448 million, inclusive of an unfavorable foreign currency impact of $44 million; Quarterly GAAP net earnings per share of 13 cents; Quarterly non-GAAP diluted earnings per share of 20 cents; Quarterly adjusted EBITDA of $29 million; Twelve-month backlog of $779 million and total backlog of $1.4 billion; and Quarterly bookings of $424... More