Operator Joe Bergera the court's calendar being very full, it was pushed to September. Unfortunately, when you push out litigation, it seems to create opportunities for lawyers to find like new motions and other things that they can do, which ends up sort of increasing the cost. So, obviously our desire is to get to trial as quickly as possible and as Kerry said, put this behind us. But anyway, just in case anyone remembers any prior comments that we made, the trial date did move from April to the current e ...

Iteris (ITI) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.03. This compares to loss of $0.01 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -100%. A quarter ago, it was expected that this vehicle detection and traffic control company would post earnings of $0.01 per share when it actually produced earnings of $0.01, delivering no surprise. Over the last four quarters, the company ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ___________________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-08762 ITERIS, INC. (Exact Name of Registrant as Specified in Its Charter) (State or Other Ju ...

Exhibit 99.1 Iteris Reports Record Fiscal 2024 Full Year Revenue of $172.0 million, Up 10% Year Over Year Reports record net new bookings of $53.3 million for fiscal 2024 fourth quarter, up 20% year over year AUSTIN, TX – June 13, 2024 – Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today reported financial results for its fiscal fourth quarter and full year ended March 31, 2024. Fiscal 2024 Fourth Quarter Financial Highlights Fiscal 2024 Full Year Financial High ...

Now I'd like to turn the call over to Iteris' President and CEO, Mr. Joe Bergera. Joe, please proceed. As a reminder, our reported net bookings are comprised of firm customer orders, meaning net bookings represent only a portion of the total value of all contracts in hand. Historically, total contract value averages about 200% of our total ending backlog. Based on this math, total contract value as of December 31, 2023 was approximately $225 million, despite the softness in third quarter net bookings. To su ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Commission file number: 001-08762 ITERIS, INC. Washington, D.C. 20549 ________________________________________________________________________________ Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to (Exact ...

Company Participants Conference Call Participants Operator I would now like to turn the conference over to Todd Kehrli of MKR Investor Relations. Sir, please go ahead. Iteris reported record fiscal 2024 second quarter total revenue of $43.6 million and fiscal 2024 first half total revenue of $87.1 million, representing an increase of 11% and 19% year-over-year, respectively. These priorities include winning a disproportionate share of large-scale modernization initiatives, leveraging our leadership in inter ...

Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________________________________________________ Commission file number: 001-08762 ITERIS, INC. (Exac ...

Conference Call Participants Our fiscal 2024 first quarter gross margins rose 840 basis points on a year-over-year basis and 680 basis points on a sequential basis, demonstrating that the high purchase price variance associated with our prior supply chain issues are now behind us. As a result of the gross margin improvement and our continued focus on operating Kerry Shiba Over the balance of fiscal 2024, Iteris will continue to deliver against an aggressive solutions roadmap that includes the following majo ...

Table of Contents For the transition period from to Commission file number: 001-08762 ITERIS, INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________________________________________________ Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Exact nam ...