Itron (ITRI) Tops Q4 EPS by 56c, Revenue Misses, Offers Guidance
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Itron Announces Fourth Quarter and Full Year 2021 Financial Results and 2022 Guidance
February 28, 2022 8:30 AM 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, 2021. Highlights for the quarter and full year include:
Quarterly and full year revenue of $486 million and $2.0 billion; Quarterly and full year gross margin of 25.0% and 28.9%; Quarterly and full year GAAP net loss of $(59) million and $(81) million; Quarterly and full year GAAP loss per share of $(1.30) and $(1.83); Quarterly and full... More