Itron (ITRI) Tops Q1 EPS by 9c
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Itron Announces First Quarter 2017 Financial Results
May 3, 2017 4:05 PM EDTLIBERTY LAKE, Wash.--(BUSINESS WIRE)-- Itron, Inc. (NASDAQ: ITRI) announced today financial results for its first quarter ended March 31, 2017. Key financial metrics for the quarter include:
Revenues of $478 million, compared with $498 million in the first quarter of 2016; Gross margin of 32.9 percent, an increase of 10 basis points compared with the first quarter of 2016; GAAP diluted earnings per share of 40 cents, an increase of 54 percent compared with the first quarter of 2016; and Non-GAAP diluted earnings per share of 57 cents, an... More