Itron(ITRI) - 2023 Q3 - Earnings Call Presentation

• Up $265M from initial guidance (at the midpoint) » Net leverage 1.1x at end of Q3'23 » Zero interest convertible notes Free Cash Flow and Liquidity » Free cash flow of $28M » Cash and equivalents of $255M » $500M revolver; recently extended to 2026 1. Excludes amortization of debt fees. ©2023 ITRON PROPRIETARY Q3 2023 Earnings Conference Call | 14 Q4'23 OUTLOOK Revenue of $565 - $575 million • At the midpoint, up 22% vs. Q4 2022 Non-GAAP diluted EPS of $0.70 - $0.80 • At the midpoint, up 6% vs. Q4 2022 • ...