Itron (ITRI) Q2 Earnings Beat on Solid Y/Y Revenue Growth

Itron Inc (ITRI) reported non-GAAP earnings per share (EPS) of $1.21 for second-quarter 2024, which beat the Zacks Consensus Estimate by 26%. The company reported earnings of 65 cents in the prior-year quarter. Revenues were$ 609 million, which beat the Zacks Consensus Estimate of $600 million. The top line expanded 13% (up 13% at constant currency) year over year. Successful operational execution and robust growth across its key metrics aided the top-line growth. Management also noted that the growth was b ...