Itron Q3 Earnings & Sales Beat Estimates, Decrease Y/Y, Stock Down

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 ...