Itron Announces Second Quarter 2016 Financial Results
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Needham & Company Raises Price Target on Itron (ITRI) to $60.00 Following 2Q Report
September 2, 2016 7:28 AM EDTNeedham & Company reiterated a Buy rating on Itron (NASDAQ: ITRI), and raised the price target to $60.00 (from $46.00), following the company's 2Q earnings report. ITRI reported $513M in revenues and non-GAAP EPS of $0.65, compared with the Street's estimates of $479M and $0.43. The company... More
Itron (ITRI) Tops Q2 EPS by 22c; Plans to Restructure Operations
September 1, 2016 8:31 AM EDTItron (NASDAQ: ITRI) reported Q2 EPS of $0.65, $0.22 better than the analyst estimate of $0.43. Revenue for the quarter came in at $513 million versus the consensus estimate of $478.7 million.
Operational Update
The company filed a Form 8-K today announcing projects to restructure its operations. These projects will improve operational efficiency, reduce expenses and improve our competitiveness. The... More
