Itron Reports Q3 Revenue of $599M and GAAP EPS of $1.61
Itron reported revenue of $599M versus $582M a year earlier, adjusted gross margin of 41.3% (+350 bps), GAAP EPS of $1.61 and non-GAAP EPS of $1.94. Backlog was $4.3B and bookings were $482M.
Itron reported Q3 revenue of $599M vs $582M a year ago, adjusted gross margin of 41.3% (+350 bps), GAAP EPS of $1.61 and non-GAAP EPS of $1.94. Backlog was $4.3B; bookings were $482M.Material DetailsContext by AI AnalystThis is mid-cycle confirmation of margin expansion and revenue stabilization as…