Iteris (ITI) Beats Q1 Earnings and Revenue Estimates

Iteris (ITI) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 20%. A quarter ago, it was expected that this vehicle detection and traffic control company would post earnings of $0.03 per share when it actually produced breakeven earnings, delivering a surprise of -100%. Over the last ...