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Itron (ITRI) Stock Soars 36.1% YTD: Will the Rally Continue?
ZACKS· 2024-06-20 21:46
Itron Inc's (ITRI) shares have been performing well on the trading front with a gain of 36.1% year to date compared with 15.2% and 6.8% growth of the S&P 500 composite and the sub-industry, respectively.Headquartered in Liberty Lake, WA, Itron is one of the leading global suppliers of a wide range of standard, advanced and smart meters and meter communication systems. It also provides networks and communication modules, software, services and sensors for the effective management of electricity, gas and wate ...
Itron Prices Upsized $700 Million 1.375% Convertible Senior Notes Offering
Newsfilter· 2024-06-18 12:49
LIBERTY LAKE, Wash., June 17, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ:ITRI) (the "Company"), which is innovating new ways for utilities and cities to manage energy and water, today announced the pricing of its private offering of $700 million aggregate principal amount of its 1.375% convertible senior notes due 2030 (the "Notes") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The offering siz ...
Itron Prices Upsized $700 Million 1.375% Convertible Senior Notes Offering
GlobeNewswire News Room· 2024-06-18 12:49
LIBERTY LAKE, Wash., June 17, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI) (the “Company”), which is innovating new ways for utilities and cities to manage energy and water, today announced the pricing of its private offering of $700 million aggregate principal amount of its 1.375% convertible senior notes due 2030 (the “Notes”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The offering si ...
Itron Announces $500.0 Million Convertible Senior Notes
Newsfilter· 2024-06-17 19:00
LIBERTY LAKE, Wash., June 17, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ:ITRI) (the "Company"), which is innovating new ways for utilities and cities to manage energy and water, today announced that it intends to commence a private offering, subject to market and other conditions, of $500.0 million aggregate principal amount of convertible senior notes due 2030 (the "Notes") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amend ...
Itron (ITRI) Declines More Than Market: Some Information for Investors
ZACKS· 2024-06-15 07:00
Itron (ITRI) ended the recent trading session at $105.98, demonstrating a -1.93% swing from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 0.04%. At the same time, the Dow lost 0.15%, and the tech-heavy Nasdaq gained 0.12%.Shares of the energy and water meter company have depreciated by 0.51% over the course of the past month, outperforming the Computer and Technology sector's loss of 2.27% and lagging the S&P 500's gain of 4.15%.Analysts and investors alike ...
Itron (ITRI) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2024-06-14 07:57
Itron (ITRI) closed the latest trading day at $108.07, indicating a -0.14% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 0.23%. At the same time, the Dow lost 0.17%, and the tech-heavy Nasdaq gained 0.34%.Prior to today's trading, shares of the energy and water meter company had lost 0.59% over the past month. This has was narrower than the Computer and Technology sector's loss of 2.01% and lagged the S&P 500's gain of 3.96% in that time.The investme ...
Integra Becomes First Itron Engage Sales Channel Partner in Italy
Newsfilter· 2024-06-12 20:45
LIBERTY LAKE, Wash., June 12, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ:ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced that Integra S.R.L. (Integra), a water, electricity, heat and gas supplier in Italy, Switzerland and Albania, has officially joined the Itron Engage Sales Channel Partner Program and is Itron's first channel partner in Italy. The Itron Engage Sales Channel Partner Program hosts an array of unique suppliers worldwide. With the addition o ...
Here's Why Itron (ITRI) Fell More Than Broader Market
ZACKS· 2024-06-08 07:01
Itron (ITRI) closed at $107.15 in the latest trading session, marking a -0.83% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.11%. Meanwhile, the Dow lost 0.22%, and the Nasdaq, a tech-heavy index, lost 0.23%.The the stock of energy and water meter company has fallen by 0.45% in the past month, lagging the Computer and Technology sector's gain of 6.52% and the S&P 500's gain of 3.51%.Market participants will be closely following the financial results of Itron in i ...
Itron (ITRI) & VODA.ai Unveil Pipe Asset Management Solution
ZACKS· 2024-06-07 22:00
Itron Inc (ITRI) recently announced a partnership with VODA.ai to introduce Pipe Asset Management — a cutting-edge solution engineered to facilitate the identification and prediction of critical pipe assets that need replacement, rehabilitation, or contain lead. The initiative is likely to revolutionize the way utilities operate, saving costs and enhancing efficiency in the management of water distribution networks.The alliance aims to address the issue stated by Utah State University. Per the statistics hi ...
Itron Collaborates with VODA.ai to Pinpoint Water Pipe Failure with Artificial Intelligence
Newsfilter· 2024-06-06 20:45
LIBERTY LAKE, Wash. and BOSTON, June 06, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, and VODA.ai, which helps utilities by performing AI-based analyses, are collaborating to simplify how water utilities identify and predict which pipe assets need to be replaced, rehabilitated or contain lead. Through this collaboration, Itron will introduce Pipe Asset Management, a solution that helps utilities reduce costs associated ...