August 07, 2018 - ITRON INC /WA/ (NASDAQ:ITRI) has filed a financial statement reporting Sales Revenue Net of $585,890,000 USD. Previously, on May 15, 2018, ITRON INC /WA/ reported Sales Revenue Net of $607,221,000 USD. This represents a change of -3.51% in Sales Revenue Net.
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A month has gone by since the last earnings report for Itron (ITRI - Free Report) . Shares have added about 2.2% in that time frame, outperforming the S&P 500.
Stocks were indicated to open lower on Wednesday, the day that marks the official longest bull market of recent decades. Earnings season is almost complete, and more than 70% of the companies exceeded expectations. Despite the gains, 2018 has been choppy and investors have been less rewarded for buying every dip than they had been in recent years. Many investors also are trying to decide how they want their investments positioned ahead of the midterm elections and given the international trade concerns. (14-3)
Itron, Inc. (ITRI - Free Report) delivered second-quarter 2018 non-GAAP earnings of 51 cents beating the Zacks Consensus Estimate by 2 cents. The figure soared a whopping 292.3% on a sequential basis but declined 28.2% year over year. Revenues came in $585.9 million, which grew 16.4% from the year-ago quarter but decreased 3.5% sequentially. The figure also missed the Zacks Consensus Estimate of $591. (12-0)
Good day, everyone. And welcome to the Itron Incorporated Q2 2018 Earnings Conference Call. Please note that today's conference is being recorded. For opening remarks, I would like to turn the call over to Ms. Barbara Doyle. Please go ahead. (4-0)
Itron (ITRI - Free Report) just came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.71 per share a year ago. These figures are adjusted for non-recurring items. (1-0)