Itron (ITRI) Tops Q4 EPS by 20c

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Itron Announces Fourth Quarter and Full Year 2018 Financial Results and 2019 Guidance

February 27, 2019 4:05 PM EST

LIBERTY LAKE, Wash.--(BUSINESS WIRE)-- Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced today financial results for its fourth quarter and full year ended Dec.31, 2018. Highlights for the quarter and full year include:

Quarterly and full year revenue of $587 million and $2.4 billion; Quarterly and full year gross margin of 30.1 percent and 30.7 percent; Quarterly GAAP net income of $24 million and full year GAAP loss of $99 million; Quarterly... More