Itron Announces Third Quarter 2018 Financial Results

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Go back to Itron Announces Third Quarter 2018 Financial Results

Itron (ITRI) Tops Q3 EPS by 29c, Revenues Miss; Lowers FY18 EPS/Revenue Outlook Below Consensus

November 5, 2018 4:28 PM EST

Itron (NASDAQ: ITRI) reported Q3 EPS of $1.13, $0.29 better than the analyst estimate of $0.84. Revenue for the quarter came in at $596 million versus the consensus estimate of $605.88 million.

Revenue of $596 million, compared with $487 million in the third quarter of 2017;
Gross margin of 33.1 percent, compared with 34.1 percent in the third quarter of 2017;
GAAP diluted earnings per share (EPS) of 50 cents, compared with 65 cents in the third... More