Itron (ITRI) PT Lifted to $42 at Baird

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Itron Named as Partner to Upgrade Water Metering Infrastructure in City of Grand Prairie

November 3, 2015 4:10 PM EST

City of Grand Prairie, Texas, chose Itron as its partner to enhance its metering and customer service operations

LIBERTY LAKE, Wash.--(BUSINESS WIRE)-- Itron, Inc. (NASDAQ: ITRI), a world-leading technology and services company dedicated to the resourceful use of energy and water, announced today that the City of Grand Prairie Water Utility, which serves 180,000 water customers in the Dallas-Fort Worth metropolitan area, has selected Itron to upgrade its water metering and customer service systems. Over the next four years, the utility will install Itrons smart water solution including professional services and... More

Itron Announces Third Quarter 2015 Financial Results

November 3, 2015 4:05 PM EST

LIBERTY LAKE, Wash.--(BUSINESS WIRE)-- Itron, Inc. (NASDAQ: ITRI) announced today financial results for its third quarter and nine months ended Sept. 30, 2015. The results include:

Quarterly and nine month revenues of $469 million and $1.4 billion; Strong year-over-year Electricity revenue growth in North America of 17 percent in the quarter and 30 percent in the nine month period on a constant currency basis; Quarterly and nine month GAAP net earnings per share of 33 cents and 9 cents; Quarterly and... More