Iteris (ITI) Misses Q2 EPS by 1c

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Iteris Reports Record Second Quarter Revenue of $43.6 Million, Up 11% Year Over Year and GAAP Net Income of $0.6 Million, a $7.9 Million Improvement Year over Year

November 9, 2023 4:05 PM EST

Adjusted EBITDA of $2.9 million, representing an $8.1 million improvement year over year

AUSTIN, Texas--(BUSINESS WIRE)-- Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today reported financial results for its fiscal 2024 second quarter ended September 30, 2023.

Fiscal 2024 Second Quarter Financial Highlights

Record revenue of $43.6 million,... More