Itron (ITRI) came out with quarterly earnings of $1.21 per share, beating the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $0.65 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 26.04%. A quarter ago, it was expected that this energy and water meter company would post earnings of $0.85 per share when it actually produced earnings of $1.24, delivering a surprise of 45.88%. Over the last four quarters ...

EXHIBIT 99.1 Itron Announces Second Quarter 2024 Financial Results LIBERTY LAKE, Wash., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced today financial results for its second quarter ended June 30, 2024. Key results for the quarter include (compared with the second quarter of 2023): Revenue of $609 million, increased 13%; Gross profit of $210 million, increased 21%; GAAP net income attributable to Itron, Inc. o ...

LIBERTY LAKE, Wash., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced today financial results for its second quarter ended June 30, 2024. Key results for the quarter include (compared with the second quarter of 2023): Revenue of $609 million, increased 13%; Gross profit of $210 million, increased 21%; GAAP net income attributable to Itron, Inc. of $51 million, increased $27 million; GAAP diluted earnings per sha ...

The market expects Itron (ITRI) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on August 1, 2024, might help the stock move higher if these key numbers are better ...

After reaching an important support level, Itron (ITRI) could be a good stock pick from a technical perspective. ITRI surpassed resistance at the 50-day moving average, suggesting a short-term bullish trend. ITRI has rallied 9.9% over the past four weeks, and the company is a Zacks Rank #2 (Buy) at the moment. This combination suggests ITRI could be on the verge of another move higher. With a winning combination of earnings estimate revisions and hitting a key technical level, investors should keep their ey ...

| --- | --- | |-------------------------------------------------------|-------| | | | | Alison Mallahan | | | Senior Manager, Corporate Communications 509-891-3802 | | | PR@Itron.com | | | Paul Vincent | | | Vice President, Investor Relations | | | 512-560-1172 | | | Investors@itron.com | | | | | "Our customers continue to pioneer new solutions, leveraging the innovations made possible with our partner enablement program. To showcase what's possible and to recognize our customers' abilities to solve challen ...

Itron is a proven global leader in energy, water, smart city, IIoT and intelligent infrastructure services. For utilities, cities and society, we build innovative systems, create new efficiencies, connect communities, encourage conservation and increase resourcefulness. By safeguarding our invaluable natural resources today and tomorrow, we improve the quality of life for people around the world. Join us: www.itron.com. In 2023, the award was presented to Tampa Electric Company for its Smart Cities and Load ...

Cyble 5 presents a unique solution that supports utilities such as Severn Trent Water in their journey toward digitalizing their water and gas distribution networks. The system is designed to convert mechanical meters into communication data points, allowing efficient drive-by Automated Meter Reading(AMR) and IoT data collection, ultimately improving billing accuracy. Itron, based in Liberty Lake, WA, is a global technology and services company. It is a leading supplier of a wide range of standard, advanced ...

LIBERTY LAKE, Wash., July 18, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, has shipped more than a million Cyble 5 water communication modules. Itron customer, and one of the largest U.K. water utilities, Severn Trent Water, was the recipient of the 1 millionth module. Severn Trent Water is deploying Itron Cyble 5 equipped water meters as part of its Green Recovery Program, which aims to address the impacts of climate ...

The Cyble 5 communication module transforms mechanical meters into communication data endpoints. It helps utilities, like Severn Trent Water, engage in the ongoing digitalization of their water networks. Equipped with Cyble multi-connectivity communication modules connected through a LoRaWAN network provided by Itron's partner, Connexin, the solution offers meter reading with Advanced Metering Infrastructure, enabling two-way communication between meter endpoints and the utility, improving billing accuracy ...