Baird Remains Bullish on Itron (ITRI) After Mixed Results in 1Q15
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May 4, 2015 4:05 PM EDT
LIBERTY LAKE, Wash.--(BUSINESS WIRE)--
Itron, Inc. (NASDAQ: ITRI) announced today that John Holleran, the
companys executive vice president (EVP) and chief operating officer
(COO), will be departing Itron effective the end of 2015. The company is
conducting a search for candidates to fill the position. In the interim,
Holleran will continue as EVP and COO of the company.
John has provided solid leadership over the last two and a half years.
During his tenure as COO, John was focused on positioning Itron for
future growth and improved profitability. He has done a remarkable... More
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
