Iteris’ Transportation Systems Segment Records 49% YoY Increase in Full-Year Added Backlog
Iteris, Inc. (ITI)
NASDAQ:AMEX Investor Relations:
iterisinc.gcs-web.com/investor-relations
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Source: Business Wire
Transportation Systems Segment’s FY19 Net Bookings or Added Backlog Total $56.6 Million SANTA ANA, Calif.--(BUSINESS WIRE)-- Iteris, Inc. (NASDAQ: ITI), the global leader in applied informatics for transportation and agriculture, today announced that its Transportation Systems segment recorded $56.6 million in net bookings or added backlog for the period ending March 31, 2019, representing a 49% increase from the same prior-year period. The segment’s full-year net bookings or added backlog reflect significant and growing demand for all of the segment’s lines of business – consulting, managed services and software as a service (SaaS) – as well as geographic growth across the country. The segment’s SaaS solutions include Iteris SPM™, iPeMS® and the commercial vehicle operations (CVO) product suite. Recent notable Transportation Systems bookings include: $4.
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