Iteris Reports Record Revenue and Backlog for Fiscal Fourth Quarter and Full Year 2021
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Iteris, Inc (ITI) PT Raised to $10 at Northland Capital Markets
June 2, 2021 7:52 AM EDTNorthland Capital Markets analyst Michael Latimore raised the price target on Iteris, Inc (NASDAQ: ITI) to $10.00 (from $9.00) while maintaining an Outperform rating following results.
The analyst commented, "Iteris reported a solid 4Q21, with 9.7% growth and $5.6 million in operating cash flow. Guided to... More
Iteris (ITI) Reports Q4 Loss of $0.01
June 1, 2021 4:10 PM EDTIteris (NASDAQ: ITI) reported Q4 EPS of ($0.01), versus ($0.05) reported last year. Revenue for the quarter came in at $31.7 million versus the consensus estimate of $31.45 million.
Our record fourth quarter revenue is a nice capstone to a solid fiscal year ending March 31, 2021, said Joe Bergera,... More
