Itron (ITRI) Q2 Earnings Beat on Solid Y/Y Revenue Growth
ITRIItron(ITRI) ZACKS·2024-08-02 22:26

Itron Inc (ITRI) reported non-GAAP earnings per share (EPS) of 1.21forsecond−quarter2024,whichbeattheZacksConsensusEstimateby261.21 for second-quarter 2024, which beat the Zacks Consensus Estimate by 26%. The company reported earnings of 65 cents in the prior-year quarter.Revenues were 609 million, which beat the Zacks Consensus Estimate of $600 million. The top line expanded 13% (up 13% at constant currency) year over year.Successful operational execution and robust growth across its key metrics aided the top-line growth. Management also noted that the growth was bac ...