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Stock impact report

Itron Announces Second Quarter 2018 Financial Results

Itron, Inc. (ITRI) 
Last itron, inc. earnings: 2/24 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.itron.com/investor-relations
Company Research Source: Business Wire
LIBERTY LAKE, Wash.--(BUSINESS WIRE)-- Itron, Inc. (NASDAQ:ITRI) announced today financial results for its second quarter ended June 30, 2018. Key results for the quarter include: Revenue of $586 million, compared with $503 million in the second quarter of 2017; Gross margin of 30 percent, compared with 35 percent in the second quarter of 2017; GAAP diluted earnings per share (EPS) of 7 cents, compared with 36 cents in the second quarter of 2017; Non-GAAP diluted EPS of 51 cents, compared with 71 cents the second quarter of 2017; Adjusted EBITDA of $57 million, compared with $60 million in the second quarter of 2017; and Total backlog of $3.1 billion, compared with $1.6 billion at the end of the second quarter of 2017. "Solid customer demand and increased backlog are driving revenue growth, a Show less Read more
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