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-0.00132211538461538 0.000360576923076937 0 0.00162259615384622 0.0270432692307692 0.023798076923077 0.0276442307692307 0.0197115384615385
Stock impact report

Itron (ITRI) Q1 2026 Earnings Transcript [Globe and Mail, The (Toronto, Canada)]

Itron, Inc. (ITRI) 
Last itron, inc. earnings: 2/24 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.itron.com/investor-relations
Chief Financial Officer — Joan S. Hooper Takeaways Total revenue -- $587 million, assisted by accelerated project deployments in the Networked Solutions and Device Solutions segments. Adjusted EBITDA -- $92 million, a 5% year-over-year increase due to higher operating income and improved gross margin. Non-GAAP earnings per share -- $1.49, compared to $1.52 in the prior year, with the decline primarily attributed to lower interest income. Free cash flow -- $79 million, up from $67 million the previous year, reflecting lower tax payments. Outcomes segment revenue growth -- 22% year over year driven by increases in recurring and services revenue. Annual recurring revenue (ARR) -- $400 million at quarter-end, up 28% following strong organic growth and the addition of the Resiliency Solutions segment. Resiliency Solutions revenue -- $16 million, with a 73% adjusted gross margin and a 27% operating margin, immediately accretive to gross margin and EBITDA. Device Solutions Show less Read more
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