Itron (ITRI) Tops Q3 EPS by 3c

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Go back to Itron (ITRI) Tops Q3 EPS by 3c

Itron Announces Third Quarter 2021 Financial Results

November 4, 2021 8:30 AM EDT

LIBERTY LAKE, Wash.--(BUSINESS WIRE)-- Itron, Inc. (NASDAQ: ITRI) announced today financial results for its third quarter ended Sept. 30, 2021. Key results for the quarter include (compared with the third quarter of 2020):

Revenue of $487 million, compared with $540 million; Gross margin of 27.7%; compared with 26.5%; GAAP net loss of $(2) million, compared with $(25) million; GAAP loss per share (EPS) of $(0.04), compared with $(0.63); Non-GAAP diluted EPS of $0.21, compared with $0.61; Adjusted EBITDA of $26 million, compared with $40 million; Free cash flow of $11 million compared with $38 million; and Total... More