Itron (ITRI) PT Lowered to $38 at Baird

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Itron Announces Second Quarter 2015 Financial Results

August 5, 2015 4:00 PM EDT

LIBERTY 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