Itron Announces Fourth Quarter and Full Year 2020 Financial Results and 2021 Guidance

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Go back to Itron Announces Fourth Quarter and Full Year 2020 Financial Results and 2021 Guidance

UPDATE: Itron (ITRI) Tops Q4 EPS by 35c, Revenues Miss; Offers FY21 EPS Mid-Point Guidance Above Consensus, FY21 Revenue Mid-Point Below Consensus

February 24, 2021 8:34 AM EST

(Updated - February 24, 2021 8:35 AM EST)

Itron (NASDAQ: ITRI) reported Q4 EPS of $0.65, $0.35 better than the analyst estimate of $0.30. Revenue for the quarter came in at $525.16 million versus the consensus estimate of $569.75 million.

Highlights for the quarter and full year include:

Quarterly and full year revenue of $525 million and $2.2 billion;Quarterly and full year gross margin of 28.3% and 27.7%;Quarterly and full year GAAP net income of... More