Itron (ITRI) Tops Q4 EPS by 19c, Revenues Beat; Offers FY20 EPS/Revenue Outlook
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Itron Announces Fourth Quarter and Full Year 2019 Financial Results and 2020 Guidance
February 24, 2020 4:05 PM ESTLIBERTY 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, 2019. Highlights for the quarter and full year include:
Quarterly and full year revenue of $628 million and $2.5 billion; Quarterly and full year gross margin of 28.2% and 30.1%; Quarterly and full year GAAP net income of $15 million and $49 million; Quarterly and full year GAAP diluted earnings per share of $0.36 and $1.23; Quarterly and... More