Itron (ITRI) Misses Q2 EPS by 14c; Offers FY22 Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as FY2027 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Itron Announces Second Quarter 2022 Financial Results and Updated Full-Year 2022 Guidance
August 4, 2022 8:30 AM EDTLIBERTY LAKE, Wash.--(BUSINESS WIRE)-- Itron, Inc. (NASDAQ: ITRI) announced today financial results for its second quarter ended June 30, 2022. Key results for the quarter include (compared with the second quarter of 2021):
Revenue of $432 million, compared with $489 million; Gross margin of 29.2%; compared with 30.6%; GAAP net loss of $(37) million, compared with $(33) million; GAAP loss per share (EPS) of $(0.82), compared with $(0.73); Non-GAAP diluted EPS of $0.07, compared with $0.28; Adjusted EBITDA of $17 million, compared with $36 million; Free cash flow of $10 million, compared with $64 million;... More