Itron (ITRI) Misses Q2 EPS Views; Appoints New COO
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Itron Names Tom Deitrich Executive Vice President and Chief Operating Officer
August 5, 2015 4:05 PM EDTLIBERTY LAKE, Wash.--(BUSINESS WIRE)-- Itron, Inc. (NASDAQ: ITRI) announced today that Tom Deitrich has been appointed executive vice president (EVP) and chief operating officer (COO).
Deitrich will join Itron in October, bringing more than 20 years of experience in global operations at leading technology firms, including Freescale Semiconductor, Inc. (Freescale); Flextronics International, Inc. (Flextronics); Sony Ericsson Mobile Communications, Inc. (Sony); and General Electric Corporation (GE). Throughout his career, he has held a number of executive management roles, during which he drove business-level strategies that transformed and significantly grew organizations during times of changing... More
Itron Announces Second Quarter 2015 Financial Results
August 5, 2015 4:00 PM EDTLIBERTY LAKE, Wash.--(BUSINESS WIRE)-- Itron, Inc. (NASDAQ: ITRI) announced today financial results for its second quarter and six months ended June 30, 2015. The financial results include:
Quarterly and six month revenues of $470 million and $918 million; Quarterly and six month Electricity segment revenues increased 11 percent and 9 percent; Quarterly and six month GAAP net loss per share of 37 cents and 24 cents; Quarterly and six month non-GAAP net loss per share of 38 cents and 18 cents; A... More