Itron(ITRI) - 2025 Q1 - Earnings Call Presentation

Financial Performance - Revenue reached $607 million, a 1% increase year-over-year[4, 9] - Adjusted EBITDA was $88 million[4] - Non-GAAP diluted EPS stood at $1.52[4] - Free cash flow amounted to $67 million[4] - Gross margin increased by 180 bps to 35.8%[9] - Non-GAAP operating margin increased by 200 bps to 13.2%[10] Bookings and Backlog - Q1 2025 bookings totaled $530 million[8] - The book-to-bill ratio was 0.9[8] - Ending backlog reached $4.7 billion[8] Segment Performance - Outcomes segment revenue increased by 14%[26, 28]