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Itron Q1 2023 Earnings Report

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$118.04 -0.24 (-0.20%)
(As of 12/3/2024 06:07 PM ET)

Itron EPS Results

Actual EPS
$0.49
Consensus EPS
$0.11
Beat/Miss
Beat by +$0.38
One Year Ago EPS
$0.11

Itron Revenue Results

Actual Revenue
$494.62 million
Expected Revenue
$464.26 million
Beat/Miss
Beat by +$30.36 million
YoY Revenue Growth
+4.10%

Itron Announcement Details

Quarter
Q1 2023
Time
Before Market Opens
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Itron Earnings Headlines

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See More Itron Headlines
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About Itron

Itron, Inc., a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in three segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and communicating meters, as well as heat and allocation products. The Networked Solutions segment provides communicating devices, such as smart meters, modules, endpoints, and sensors; network infrastructure; and associated heat-end management and application software for acquiring and transporting application-specific data. This segment also offers industrial internet of things solutions. Including automated meter reading; advanced metering infrastructure for electricity, water, and gas; distributed energy resource management; smart grid and distribution automation; smart street lighting; and leak detection and applications for gas and water systems. The Outcomes segment provides value-added, enhanced software and services, artificial intelligence, and machine learning for managing, organizing, analyzing, and interpreting data to enhance decision making, maximize operational profitability, resource efficiency, grid analytics, and deliver results for consumers, utilities, and smart cities. In addition, it offers implementation, project management, installation, consulting, and post-sale maintenance support services, as well as cloud and software-as-a-service; and extended or customer-specific warranties. The company offers its products and services under the Itron brand. It serves utility and smart city customers, and municipalities through its sales force, distributors, agents, partners, and meter manufacturer representatives. Itron, Inc. was incorporated in 1977 and is headquartered in Liberty Lake, Washington.

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