Itron (ITRI) Tops Q1 EPS by 26c

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Go back to Itron (ITRI) Tops Q1 EPS by 26c

Itron Announces First Quarter 2019 Financial Results

May 6, 2019 4:05 PM EDT

LIBERTY LAKE, Wash.--(BUSINESS WIRE)-- Itron, Inc. (NASDAQ: ITRI) announced today financial results for its first quarter ended March 31, 2019. Key results for the quarter include:

Revenue of $615 million, compared with $607 million in the first quarter of 2018; Gross margin of 30.5%, compared with 29.6% in the first quarter of 2018; GAAP net loss of $2 million, compared with a net loss of $146 million in the first quarter of 2018; GAAP loss per share of $0.05, compared with a loss of $3.74 in the first quarter of 2018;... More