Core Insights - Oppenheimer Asset Management Inc. acquired 5,260 shares of Itron, Inc. valued at approximately $692,000 in Q2 [1] - Several large investors have increased their stakes in Itron, with institutional ownership at 96.19% [2] - Analyst ratings for Itron show a mix of "buy," "neutral," and "hold" ratings, with an average price target of $139.00 [3] Investment Activity - Wayfinding Financial LLC acquired a new position worth about $45,000 in Q1 [2] - REAP Financial Group LLC raised its position by 168.4% in Q2, now owning 424 shares valued at $56,000 [2] - Quarry LP increased its stake by 155.6% in Q1, now holding 910 shares valued at $95,000 [2] - Farther Finance Advisors LLC grew its stake by 52.5% in Q2, owning 1,240 shares worth $163,000 [2] - ST Germain D J Co. Inc. acquired a new stake worth $170,000 in Q2 [2] Analyst Ratings - Roth Capital raised its price target from $130.00 to $150.00 with a "buy" rating [3] - Robert W. Baird maintained a "neutral" rating with a reduced price target of $118.00 [3] - Stephens set a price objective of $130.00 with an "equal weight" rating [3] - Weiss Ratings restated a "buy (b)" rating [3] - Oppenheimer set a price objective of $145.00 with an "outperform" rating [3] Stock Performance - Itron's stock opened at $100.33, with a market cap of $4.59 billion [4] - The company has a P/E ratio of 17.15 and a price-to-earnings-growth ratio of 0.76 [4] - Itron's 52-week low is $90.11 and the high is $142.00 [4] Financial Results - Itron reported $1.54 EPS for the quarter, beating estimates of $1.48 by $0.06 [5] - Revenue for the quarter was $581.63 million, slightly above estimates of $578.49 million, but down 5.5% year-over-year [5] - The company has set FY 2025 guidance at 6.840-6.940 EPS and Q4 2025 guidance at 2.150-2.250 EPS [5] Insider Activity - SVP Justin K. Patrick sold 388 shares at an average price of $125.31, totaling $48,620.28 [6] - SVP John F. Marcolini sold 565 shares at the same average price, totaling $70,800.15 [6] - Insiders sold a total of 3,037 shares valued at $380,566 in the last 90 days [6]

Key Takeaways Itron posted Q3 EPS of $1.54, above estimates but down 16.3% year over year.Revenue slipped to $581.6M, impacted by portfolio optimization and project timing.Gross margin rose to 37.7%, while record backlog hit $4.3B and bookings reached $380M.Itron, Inc. (ITRI) reported non-GAAP earnings per share (EPS) of $1.54 for the third quarter of 2025, which beat the Zacks Consensus Estimate by 4.1%. The company reported earnings of $1.84 per share in the prior-year quarter. Although the bottom line wa ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 OR ☐ 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 000-22418 Itron, Inc. (Exact name of registrant as specified in its charter) Washington 91-1011792 (State of Incorporation) (I.R.S. Employe ...

Itron (ITRI) reported $581.63 million in revenue for the quarter ended September 2025, representing a year-over-year decline of 5.5%. EPS of $1.54 for the same period compares to $1.84 a year ago.The reported revenue represents a surprise of +0.9% over the Zacks Consensus Estimate of $576.45 million. With the consensus EPS estimate being $1.48, the EPS surprise was +4.05%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine th ...

Itron (NasdaqGS:ITRI) Q3 2025 Earnings Call October 30, 2025 10:00 AM ET Speaker6Good morning and welcome to Itron's third quarter 2025 earnings conference call. Tom Deitrich, Itron's President and Chief Executive Officer, and Joan Hooper, Senior Vice President and Chief Financial Officer, will review Itron's third quarter results and provide a general business update and outlook. Earlier today, the company issued a press release announcing its results. This release also includes details related to the conf ...

Itron (ITRI) came out with quarterly earnings of $1.54 per share, beating the Zacks Consensus Estimate of $1.48 per share. This compares to earnings of $1.84 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +4.05%. A quarter ago, it was expected that this energy and water meter company would post earnings of $1.33 per share when it actually produced earnings of $1.62, delivering a surprise of +21.8%.Over the last four quarters, ...

Third Quarter 2025 Earnings Conference Call Tom Deitrich – President and Chief Executive Officer Joan Hooper – Senior Vice President and Chief Financial Officer Paul Vincent – Vice President, Investor Relations ©2025 ITRON CONFIDENTIAL PROPRIETARY October 30, 2025 Conference Call Agenda • CEO – Business and Operations Update • CFO – Financial Results and Outlook • Q&A Forward Looking Statements This presentation contains, and our officers and representatives may from time to time make, "forward-looking stat ...

Revenue Performance - Total revenue for Q3 2025 was $582 million, a decrease of 5% compared to $615 million in Q3 2024[3] - Total revenues for the three months ended September 30, 2025, were $581,625,000, a decrease of 5.5% compared to $615,462,000 for the same period in 2024[23] - Device Solutions product revenues decreased to $103,097,000 in Q3 2025 from $122,119,000 in Q3 2024, representing a decline of 15.6%[23] - Networked Solutions product revenues also saw a decline, falling to $365,378,000 in Q3 2025 from $390,201,000 in Q3 2024, a decrease of 6.3%[23] - The outlook for Q4 2025 includes projected revenue between $555 million and $565 million, with non-GAAP diluted EPS expected between $2.15 and $2.25[15] Profitability Metrics - GAAP net income for the quarter was $66 million, or $1.41 per diluted share, down from $78 million, or $1.70 per diluted share in 2024[7] - Non-GAAP net income was $72 million, or $1.54 per diluted share, down from $84 million, or $1.84 per diluted share in 2024[9] - GAAP operating income for Q3 2025 was $81,783,000, an increase from $73,933,000 in Q3 2024, representing a growth of about 10.5%[40] - Adjusted EBITDA for the quarter was $97 million, reflecting a 10% increase[7] - Adjusted EBITDA for Q3 2025 was $97,248,000, an increase from $88,598,000 in Q3 2024, representing a growth of approximately 7.4%[40] Cash Flow and Working Capital - Free cash flow increased to $113 million, up $55 million from the prior year, driven by improved working capital and higher earnings[10] - Net cash provided by operating activities for the nine months ended September 30, 2025, was $286,631,000, compared to $158,326,000 for the same period in 2024, showing an increase of 81.0%[28] - The company reported net cash provided by operating activities of $117,829,000 for Q3 2025, compared to $65,301,000 in Q3 2024, an increase of about 80.7%[41] - Free cash flow for the nine months ended September 30, 2025, was $271,554,000, compared to $137,448,000 for the same period in 2024, indicating a significant increase of about 97.5%[41] Balance Sheet and Backlog - Total backlog at the end of the quarter was $4.3 billion, compared to $4.0 billion in the prior year[11] - Cash and cash equivalents increased to $1,331,944,000 as of September 30, 2025, compared to $1,051,237,000 at the end of 2024, reflecting a growth of 26.7%[26] - Total current assets reached $2,144,031,000 as of September 30, 2025, up from $1,815,892,000 at the end of 2024, indicating an increase of 18.1%[26] - Total liabilities stood at $1,997,343,000 as of September 30, 2025, slightly up from $1,996,195,000 at the end of 2024[26] Strategic Initiatives - Itron announced the acquisition of Urbint, Inc. for $325 million, expected to close in Q4 2025[12] - The company’s strategic initiatives and acquisition-related expenses totaled $2,552,000 in Q3 2025, compared to $248,000 in Q3 2024, indicating a significant increase in investment in growth strategies[40]

LIBERTY LAKE, Wash., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced today financial results for its third quarter ended September 30, 2025. Key results for the quarter include (compared with the third quarter of 2024): Revenue of $582 million, decreased 5%;GAAP net income attributable to Itron, Inc. of $66 million, decreased $12 million;GAAP diluted earnings per share of $1.41, decreased $0.29 per share;Non-GA ...

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