Itron Inc. Liberty Lake provider of utility meters and services
Stock symbol: ITRI |
Reporting period: 3Q |
EARNINGS: Loss of $51.7 million
($12.70 per share)
VERSUS: $27.6 million profit 68 cents profit per share in 3Q 2010 |
REVENUE: $615.5 million |
ANALYSIS: CEO Leroy Nosbaum said two unusual charges totaling $35 million distort the earnings report. Adjusted for those, ITRON would have earned $1.30 per share. |