Itron (ITRI) Tops Q1 EPS by 1c; Suspends FY Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- Tech stocks pull Wall Street lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
Itron Announces First Quarter 2020 Financial Results and Provides Update on COVID-19
May 4, 2020 4:05 PM EDTLIBERTY LAKE, Wash.--(BUSINESS WIRE)-- Itron, Inc. (NASDAQ: ITRI) announced today financial results for its first quarter ended Mar. 31, 2020. Key results for the quarter include (compared with the first quarter of 2019):
Revenue of $598 million, compared with $615 million; Gross margin of 28.7%; compared with 30.5%; GAAP net income of $9 million, compared with a net loss of $2 million; GAAP diluted earnings per share (EPS) of $0.21, compared with GAAP loss per share of $(0.05); Non-GAAP diluted EPS of $0.57, compared with $0.70; Adjusted EBITDA of $52 million, compared with $66 million;... More