Baird Says Itron (ITRI) is Ready for Long-Term Growth - Raises PT to $47

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Itron Announces Fourth Quarter and Full Year 2015 Financial Results

February 17, 2016 4:05 PM EST

Fourth Quarter Revenues Grew 4 percent, Excluding Impact of Foreign Currencies

Record Quarterly Revenue in Gas-North America

Strong Book-to-bill Ratio of 1.7:1 in Quarter

LIBERTY LAKE, Wash.--(BUSINESS WIRE)-- Itron, Inc. (NASDAQ: ITRI) announced today financial results for its fourth quarter and full year ended December 31, 2015. Highlights include:

Quarterly and full year revenues of $490 million and $1.9 billion; Quarterly and full year GAAP diluted earnings per share of 56 cents and 64 cents; Quarterly and full year non-GAAP... More