Core Insights - Itron, Inc. is collaborating with Thessaloniki Water Supply & Sewerage SA (EYATH S.A.) to modernize water infrastructure in Greece as part of a digital water transformation initiative [1][5] - EYATH S.A. aims to reduce its water footprint by 20% by 2030, focusing on minimizing water loss in treated water [2] - The deployment of Itron's Smart Water Solutions will enhance water loss management and provide actionable insights for both EYATH S.A. and its customers [2][3] Group 1: Itron's Smart Water Solutions - Itron's Smart Water Solutions include Intelis® wSource smart water meters and a meter data management (MDM) platform, which will help EYATH S.A. manage water loss effectively [2][3] - The smart meters are designed for durability and accuracy, featuring superior leak detection and real-time alarms [3] - Data collected from the smart meters will be integrated with Temetra, Itron's cloud-based solution, to improve customer satisfaction and reduce water loss [3] Group 2: MDM System and Integration - Itron's MDM system is a software-as-a-service (SaaS) solution that allows EYATH S.A. to manage water endpoints from various meter vendors, facilitating a modernized infrastructure [4] - The MDM solution consolidates data from all meters into a single system, enabling seamless integration of new technologies while managing existing assets [4] Group 3: Strategic Goals and Local Support - EYATH S.A. is committed to improving water supply services while focusing on environmental sustainability through the implementation of Itron's solutions [5] - The collaboration with IDATOR, an official Itron Channel Partner, ensures local expertise and support for a smooth deployment process [5]

Core Insights - Itron, Inc. has partnered with Pacific Technologies and the Water Authority of Fiji to launch the first smart water metering project in Fiji, expected to be completed by Q3 2025, marking a significant modernization of Fiji's water infrastructure [1][11] - The initiative aligns with WAF's Water Sector Strategy 2050, which aims to address challenges such as aging infrastructure and reducing non-revenue water, currently at 47% of production [3][11] Company Developments - Itron's solution allows WAF to upgrade its network at its own pace, withstand coastal conditions, and progress in digital transformation, contributing to a sustainable water future for Fiji [2] - The deployment involves upgrading existing meters to Itron's durable mechanical meters with Cyble communication modules, enabling quick and cost-effective conversion to smart devices [4] - Data from these meters will be managed using Itron's Temetra platform, facilitating seamless data collection and eliminating manual readings [4][5] Technology and Efficiency - The integration of Cyble modules with the Temetra platform provides WAF with advanced analytics to identify water losses and improve network efficiency [5] - Itron's technology is designed to resist corrosion and extreme conditions, minimizing maintenance costs for WAF [6] Financial Performance - Itron reported non-GAAP EPS of $1.62 for Q2 2025, exceeding estimates, with revenues of $607 million, nearly flat year-over-year [8] - For Q3 2025, Itron anticipates revenues between $570 million and $585 million, reflecting a 6% year-over-year decline at the midpoint, with non-GAAP EPS expected to fall by about 18% [9] Market Position - Itron is well-positioned to benefit from increasing utility modernization efforts, leading to higher demand for its grid edge intelligence platform and a robust portfolio of intelligent devices, software, and analytics [7] - The company's stock has gained 24.5% over the past year, outperforming the Zacks Electronics - Testing Equipment industry, which declined by 2.5% [10]