Itron (ITRI) Tops Q4 EPS by 10c
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Itron Reports Fourth Quarter and Full Year 2016 Financial Results
February 28, 2017 4:05 PM ESTAnnounces $50 Million Share Repurchase Authorization
LIBERTY LAKE, Wash.--(BUSINESS WIRE)-- Itron, Inc. (NASDAQ: ITRI) announced today financial results for its fourth quarter and full year ended Dec. 31, 2016. Highlights include:
Quarterly and full year revenues of $495.7 million and $2.0 billion; Quarterly and full year gross margin of 31.6 percent and 32.8 percent; Quarterly and full year GAAP net income of $11.6 million and $31.8 million; Quarterly and full year GAAP diluted earnings per share of 30 cents and 82 cents; and... More