Itron(US:ITRI)2025-07-31 14:00Financial Performance - Q2 2025 - Revenue reached $607 million[4] - Adjusted EBITDA was $90 million[4], with a margin of 14.8%[11], a 210 bps increase year-over-year[11] - Non-GAAP diluted EPS stood at $1.62[4], a 34% increase year-over-year[11] - Free cash flow was $91 million[4], a 103% increase year-over-year[11] Bookings and Backlog - Q2 2025 bookings amounted to $454 million[7] - The book-to-bill ratio was 0.75[7] - The ending backlog reached $4.5 billion[7] Segment Performance - Q2 2025 - Device Solutions revenue decreased by 5%[20], or 8% in constant currency[20] - Networked Solutions revenue decreased by 1%[25] - Outcomes segment revenue increased by 9%[30] Outlook - Q3 2025 revenue is projected to be between $570 million and $585 million[36] - Full-year 2025 Non-GAAP EPS outlook revised to $600 to $620[37]