LIBERTY LAKE, Wash., April 10, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced today that it will release financial results for the quarter ended Mar. 31, 2025 before market opens on Thursday, May 1, 2025. The company’s press release and financial statements will be available on the company’s website at https://investors.itron.com on May 1, 2025 at 8:30 a.m. EDT followed by the management conference call at 10 a ...

Itron, Inc. (ITRI) is partnering with Norwegian utility provider Norgesnett to roll out the first edge computing deployment in the Nordic region. Utilizing Itron’s Grid Edge Intelligence portfolio, which features distributed intelligence (DI)-enabled smart meters, this collaboration marks a major milestone in modernizing the electricity grid.As part of Norgesnett’s Advanced Metering Infrastructure (AMI) strategy, the utility will use DI to boost visibility and control across the distribution system—from sub ...

Norwegian Utility to Deploy Itron’s Distributed Intelligence-Enabled Smart Meters to Modernize GridLIBERTY LAKE, Wash., April 02, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, is working together with Norwegian energy utility, Norgesnett, on the first-ever edge computing deployment in the Nordics with Itron’s Grid Edge Intelligence portfolio, which includes distributed intelligence (DI)-enabled smart meters. As part of ...

Itron Inc (ITRI) stock has proved resilient amid a volatile market environment with a 16.3% gain in the past year. Strong market demand related to grid resiliency, grid capacity, safety and automation is driving demand for ITRI's solutions. ITRI outpaced estimates in each of the trailing four quarters, with the average surprise being 40.8%. It has outperformed its Electronic Test Equipment industry's decline of 8.5% and, the Zacks Computer and Technology sector and the S&P 500 composite's growth of 3.8% and ...

Itron, Inc. (ITRI) recently announced that its CityEdge portfolio has been leveraged by the City of Helsingborg in Sweden to drive its smart city transformation. This marks the first phase in Helsingborg’s ambitious journey to become a smart, sustainable and data-driven city.With a population of just more than 150,000, Helsingborg is set to implement Itron Networked Lighting Controllers (NLCs) across the initial phase of its 30,000 streetlights. In addition, various smart sensors will be installed throughou ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Itron (ITRI) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Itron currently has an average brokerage recommendation (ABR) of 1 ...

City to Deploy Itron’s CityEdge Portfolio to Improve Streetlight Operations and Provide InsightsLIBERTY LAKE, Wash., March 25, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, is working together with the City of Helsingborg in Sweden to deploy Itron’s CityEdge portfolio as the initial phase of the city’s project to create a smart and sustainable city. To accomplish its project goals, the City of Helsingborg, which has jus ...

Core Insights - Itron, Inc. has partnered with Microsoft to leverage generative artificial intelligence (Gen AI) for utilities and cities, aiming to enhance data accessibility, optimize decision-making, and improve operational efficiency through the integration of Microsoft's Copilot AI technology into Itron's Intelligent Edge Operating System (IEOS) [1][3] Group 1: AI Integration and Platform Launch - The AI-driven platform is set to launch globally in Q2 2025, functioning as a virtual assistant for utility operators to access insights on metering, customer usage, network performance, and distributed energy resources [2] - The IEOS platform is foundational to Itron's Grid Edge Intelligence (GEI) solutions, utilizing Microsoft Azure OpenAI Service for secure data processing and real-time insights [3][5] Group 2: User-Friendly Features - Utility operators can make natural language queries to obtain reports and analytics without needing advanced technical skills, thanks to Gen AI capabilities [4][9] - The platform allows for easy data access and analysis across multiple sources, enabling comprehensive reporting and chart generation through AI-embedded queries [7][8] Group 3: Operational Efficiency and Data Accuracy - AI-driven analytics can identify unusual consumption patterns, helping utilities implement targeted behavioral programs for better customer satisfaction and energy conservation [5] - The platform enhances data validation by analyzing rules across utility networks, leading to improved data accuracy and reduced operational errors [6] Group 4: Market Demand and Financial Performance - Itron's 2024 bookings reached $2.7 billion, with a book-to-bill ratio of 1:11, indicating strong demand for its grid-edge intelligence platform [13] - The company anticipates 2025 revenues to be between $2.4 billion and $2.5 billion, reflecting the back-end-loaded nature of its bookings [13] Group 5: Competitive Positioning - Itron's stock has gained 18.6% over the past year, outperforming the Zacks Electronics - Testing Equipment industry, which declined by 7.3% [14]

Collaboration to Extend Grid Edge Intelligence to the Utility Control CenterLIBERTY LAKE, Wash. and BOSTON, March 24, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), a leader in grid edge intelligence, and Schneider Electric, a leader in the digital transformation of energy management and automation, are expanding their collaboration with Microsoft to deliver a comprehensive Grid Edge Intelligence solution that addresses utility grid visibility and control challenges. This collaboration takes advantage ...

Core Insights - Itron, Inc. has announced a collaboration with Tesla and Xcel Energy to deploy an advanced virtual power plant (VPP) in Colorado, enhancing the management of distributed energy resources (DERs) [1] - The IntelliFLEX solution introduced by Itron is designed for near real-time DER optimization, enabling aggregation, forecasting, and AI-driven load balancing [2] - Itron's IntelliFLEX Aggregator DER Management System (DERMS) currently manages over 3 million DER devices for 30 utilities across the U.S. [3] Collaboration Details - The collaboration integrates Itron's IntelliFLEX solution with Tesla's battery storage platform, utilizing solar power stored in Tesla Powerwall batteries for real-time grid support [4] - This integration will expand Xcel Energy's Renewable Battery Connect program, increasing dispatchable residential batteries and supporting electrification goals [4] - The combination of Itron's DERMS and Tesla's battery technology allows a network of DERs to operate as a single virtual power plant, enhancing grid reliability during peak demand [5] Strategic Partnerships - Itron's strategic collaborations include partnerships with Encycle Technologies for HVAC optimization, Xcel Energy for addressing evolving energy needs, and Pacific Gas and Electric Company to enhance electric vehicle charging availability [6] - The company has also renewed its long-term partnership with Pepco to advance next-generation edge demand response technologies [6] Stock Performance - Itron currently holds a Zacks Rank 2 (Buy) and has seen a stock price increase of 19.4% over the past year, contrasting with a 7.5% decline in the Zacks Electronics - Testing Equipment industry [7]