Itron Inc.
Liberty Lake provider of utility products and services
Stock symbol: ITRI |
Reporting period: 2Q 2014 |
Earnings: Profit of $19.3 million
49 cents per share
Versus 2Q 2013: Profit of $12.4 million 31 cents per share |
Revenue: $489.4 million
Guidance for the year projects revenue of $1.9 billion to $1.97 billion. |
Analysis: The company said revenues increased $6 million, or 1.3 percent, for the quarter and $38 million, or 4 percent, for the six-month period compared with the same period in 2013. The increases were driven by growth in the water and gas segments, which more than offset a decrease in the electricity segment. |