Itron Inc. (ITRI) reported strong fourth-quarter earnings, surpassing Wall Street expectations with $101.6 million in profit, or $2.46 per share adjusted, on revenue of $571.7 million. For the full year, the company posted $301.1 million in profit and $2.37 billion in revenue. Itron also provided optimistic guidance for the upcoming quarter and the full fiscal year.
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Itron: Q4 Earnings Snapshot
Itron Inc. (ITRI) reported strong fourth-quarter earnings, surpassing Wall Street expectations with $101.6 million in profit, or $2.46 per share adjusted, on revenue of $571.7 million. For the full year, the company posted $301.1 million in profit and $2.37 billion in revenue. Itron also provided optimistic guidance for the upcoming quarter and the full fiscal year.