ITRI's Q1 Earnings Top, Sales Lag Despite Margin Growth, Stock Tanks
Itron Inc. (ITRI) reported non-GAAP earnings per share (EPS) of 1.24 per share in the prior-year quarter. Amid the ongoing tariff tensions and global trade volatility, ITRI’s regional supply strategy supports the bottom line, with most U.S. products made locally and key parts imported tariff-free from Mexico. (See the Zacks Earnings Calendar to stay ahead of market-making news.)Revenues inched u ...