Itron Inc.
Liberty Lake-based provider of utility products and services
Stock symbol:
ITRI |
Reporting period:
3Q |
Earnings:
Profit of $16.4 million 19 cents per share
Versus 3Q 2013: Loss of $6.4 million (19 cents per share) |
Revenue: $496.5 million
Nine month revenue is $1.46 billion, compared to $1.43 billion in 2013. |
Analysis:
Excluding the impact from foreign currency, company revenues increased $4 million, or 1 percent for the quarter and $42 million, or 3 percent, for the nine months of 2014. The increases for the quarter and nine-month period were driven by growth in the water and gas segments, which offset a decrease in the electricity segment. |