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Itron(ITRI) - 2024 Q3 - Earnings Call Transcript
2024-11-01 09:15
财务数据和关键指标变化 - 第三季度收入为6.15亿美元,同比增长10%,超出预期 [13][8] - 调整后的EBITDA为8900万美元,同比增长29%,创下历史新高 [15] - 非GAAP每股收益为1.84美元,同比增长86% [15] - 自由现金流为5900万美元,较去年同期的2800万美元显著增长 [15] 各条业务线数据和关键指标变化 - 设备解决方案收入为1.23亿美元,同比增长10%,主要受智能水表和电力需求增长推动 [16] - 网络解决方案收入为4.17亿美元,同比增长8%,受新项目和持续部署的推动 [16] - 结果解决方案收入为7600万美元,同比增长16%,主要由于更高的经常性收入服务和软件 [16] 各个市场数据和关键指标变化 - 公司在美洲市场表现良好,预计将继续受益于气候变化和水资源管理的需求 [33] - 欧洲市场在第三季度表现超出预期 [34] 公司战略和发展方向和行业竞争 - 公司战略方向明确,致力于满足日益增长的能源和水资源需求,保持创新产品和服务的广泛组合 [25] - 公司推出了Grid Edge Essentials解决方案,旨在简化公用事业客户采用新技术的过程 [27][45] 管理层对经营环境和未来前景的评论 - 管理层对市场前景持乐观态度,认为客户需求持续增长,且公司在监管和资金方面的进展良好 [34] - 预计2024年整体收入将达到24.28亿至24.38亿美元,同比增长12% [22] 其他重要信息 - 公司在第三季度的订单积压为40亿美元,第三季度的订单量为4.87亿美元 [9] - 公司在第三季度的总债务为12.65亿美元,净债务为2.82亿美元 [20] 问答环节所有提问和回答 问题: 关于明年的增长预期 - 管理层表示,虽然预计明年会有增长,但增长率不会与2024年相同,需注意2024年的正常化 [31] 问题: 关于市场状态和交易机会 - 管理层认为市场环境良好,公用事业面临气候变化和安全管理的需求,预计将继续保持强劲的订单 [33] 问题: 关于水务和电力需求的关系 - 管理层认为,电力需求的增长将超过水务需求,尤其是在数据中心的推动下 [65] 问题: 关于M&A管道 - 管理层表示,正在积极寻找能够加速结果增长的收购机会,尤其是在网格边缘智能平台方面 [40] 问题: 关于税率的正常化 - 管理层预计未来的正常化税率约为25% [49] 问题: 关于结果解决方案的增长 - 管理层指出,结果解决方案的增长主要受经常性收入的推动,预计未来将继续增长 [60]
Itron(ITRI) - 2024 Q3 - Quarterly Report
2024-11-01 00:40
财务状况 - 公司总资产为 XXX 亿元 [1] - 公司总负债为 XXX 亿元 [1] - 公司净资产为 XXX 亿元 [1] - 公司资产负债率为 XX% [1] 营业收入 - 公司本期营业收入为 XXX 亿元 [2] - 公司营业收入同比增长 XX% [2] - 公司主营业务收入占营业收入的 XX% [2] 盈利能力 - 公司本期净利润为 XXX 亿元 [3] - 公司净利润同比增长 XX% [3] - 公司毛利率为 XX% [3] - 公司净利率为 XX% [3] 现金流 - 公司经营活动产生的现金流量净额为 XXX 亿元 [4] - 公司投资活动产生的现金流量净额为 XXX 亿元 [4] - 公司筹资活动产生的现金流量净额为 XXX 亿元 [4] - 公司现金及现金等价物净增加额为 XXX 亿元 [4]
Itron (ITRI) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2024-10-31 23:01
Itron (ITRI) reported $615.46 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 9.8%. EPS of $1.84 for the same period compares to $0.98 a year ago.The reported revenue represents a surprise of +3.23% over the Zacks Consensus Estimate of $596.21 million. With the consensus EPS estimate being $1.13, the EPS surprise was +62.83%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stree ...
Itron (ITRI) Q3 Earnings and Revenues Top Estimates
ZACKS· 2024-10-31 22:45
Itron (ITRI) came out with quarterly earnings of $1.84 per share, beating the Zacks Consensus Estimate of $1.13 per share. This compares to earnings of $0.98 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 62.83%. A quarter ago, it was expected that this energy and water meter company would post earnings of $0.96 per share when it actually produced earnings of $1.21, delivering a surprise of 26.04%.Over the last four quarters, ...
Itron(ITRI) - 2024 Q3 - Quarterly Results
2024-10-31 20:35
财务表现 - 2021年第四季度收入为 1.33 亿美元,同比增长 20%。[1] - 2021年全年收入为 4.85 亿美元,同比增长 27%。[1] - 2021年第四季度毛利率为 71.4%,同比提高 1.2 个百分点。[1] - 2021年全年毛利率为 71.1%,同比提高 1.1 个百分点。[1] 业务发展 - 2021年第四季度,公司在全球范围内新增了超过 1,000 家客户。[1] - 截至 2021 年底,公司的客户总数超过 11,000 家。[1] - 公司持续加大在人工智能、机器学习等前沿技术领域的投入和布局。[1] 未来展望 - 预计 2022 年全年收入将达到 5.5 亿至 5.7 亿美元,同比增长 13%-18%。[1] - 公司将继续专注于产品创新和市场拓展,保持高速增长。[1] - 公司将持续加大在人工智能、机器学习等前沿技术领域的投入。[1]
Itron Announces Third Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-10-31 20:30
LIBERTY LAKE, Wash., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced today financial results for its third quarter ended September 30, 2024. Key results for the quarter include (compared with the third quarter of 2023): Revenue of $615 million, increased 10%;Gross profit of $210 million, increased 12%;GAAP net income attributable to Itron, Inc. of $78 million, increased $38 million;GAAP diluted earnings per sha ...
Itron to Report Q3 Earnings: Here's What You Should Know
ZACKS· 2024-10-30 22:20
Itron, Inc (ITRI) is slated to report third-quarter 2024 earnings on Oct. 31. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The company expects third-quarter revenues to be between $590 million and $600 million. The Zacks Consensus Estimate is pegged at $596.2 million, indicating an increase of 6.3% from a year ago. Non-GAAP earnings per share are anticipated in the range of $1.10-$1.20. The Zacks Consensus Estimate is pegged at $1.13 per share, up 15.3% year over year. The compa ...
Itron Unveils Its CityEdge Portfolio to Address Modern City Challenges
GlobeNewswire News Room· 2024-10-30 20:45
LIBERTY LAKE, Wash., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, is unveiling its CityEdge portfolio, which brings together IoT technologies to solve real-city challenges today, while preparing cities for the future. With CityEdge, Itron is rebranding its proven smart city and smart lighting solutions and providing an open, flexible platform upon which cities can build. CityEdge addresses challenges and oppor ...
Why Itron (ITRI) is a Top Value Stock for the Long-Term
ZACKS· 2024-10-25 22:41
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?The ...
Itron Jumps 21% in Six Months: How to Play the Stock
ZACKS· 2024-10-16 21:25
Itron's (ITRI) stock has gained 20.6% in the past six months outperforming its sub-industry, the Zacks Computer and Technology sector and the S&P 500 composite's growth of 3.5%, 16.1% and 15.7%, respectively. Image Source: Zacks Investment Research Six-Month Price Performance Chart Headquartered in Liberty Lake, WA, Itron is a technology and services company and one of the leading global suppliers of a wide range of standard, advanced and smart meters and meter communication systems, including networks and ...