Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Itron (ITRI) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.The upward trend in estimate revisions for this energy and water meter company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between tre ...

The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Itron (ITRI) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.Itron is one of 619 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #9 in the Zacks Sector Rank. The Zack ...

Have you been paying attention to shares of Itron (ITRI) ? Shares have been on the move with the stock up 17% over the past month. The stock hit a new 52-week high of $107.11 in the previous session. Itron has gained 41.7% since the start of the year compared to the 11.3% move for the Zacks Computer and Technology sector and the 3.8% return for the Zacks Electronics - Testing Equipment industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't ...

David Means Director, Investor Relations 737-242-8448 david.means@itron.com Chart includes rounding. ©2024 ITRON CONFIDENTIAL PROPRIETARY 17 Q1 2024 Earnings Conference Call | Non-GAAP Financial Measures To supplement our consolidated financial statements, which are prepared in accordance with accounting principles generally accepted in the United States (GAAP), we use certain adjusted or non-GAAP financial measures, including non-GAAP operating expense, non-GAAP operating income, non-GAAP net income, non-G ...

财务数据和关键指标变化 - 第一季度收入为6.03亿美元,同比增长22% [13] - 调整后EBITDA为7600万美元,同比增长94% [13] - 非GAAP每股收益为1.24美元,同比增长153% [13][18] - 自由现金流为3400万美元,同比增加约4000万美元 [13][18] 各条业务线数据和关键指标变化 - 设备解决方案收入为1.27亿美元,同比增长6% [19] - 网络解决方案收入为4.08亿美元,创历史新高,同比增长30% [19] - 成果服务收入为6900万美元,同比增长10% [20] 各个市场数据和关键指标变化 - 欧洲、中东和非洲地区的水表和通信模块销售增长推动了设备解决方案业务的增长 [19] 公司战略和发展方向及行业竞争 - 公司正在通过创新和并购来推动增长,收购了Elpis Squared公司,增加了实时电力流分析和电网规划能力 [12] - 公司的Grid Edge Intelligence平台是创新和提供客户高级解决方案的核心,有助于应对能源和水管理日益复杂的问题 [27][28][29] - 公司看到来自数据中心需求增长、再工业化和生产本地化、交通和家庭电气化、水资源短缺和水基础设施自动化、天然气客户的安全应用以及运营数字化等多个领域的市场机会 [11][14] 管理层对经营环境和未来前景的评论 - 供应链和制造效率持续改善,有助于公司在第一季度超预期完成之前受限的收入 [34][35] - 公司对未来12个月的供应链健康和稳定性保持乐观 [35][36] - 公司维持全年1:1或更高的订单增长率目标 [6] - 公司预计第二季度收入和非GAAP每股收益将同比分别增长11%和46% [25] 问答环节重要的提问和回答 问题1 **Noah Kaye 提问** 询问公司供应链和制造效率的整体情况,以及未来改善的空间 [33][34][35][36] **Tom Deitrich 回答** 公司供应链和制造效率持续改善,有助于第一季度超预期完成之前受限的收入。公司对未来12个月的供应链健康和稳定性保持乐观 [34][35][36] 问题2 **Pavel Molchanov 提问** 询问数据中心需求对公司网络和成果服务业务的影响 [45][46][47][48][49] **Tom Deitrich 回答** 数据中心需求会体现在网络和成果服务两个业务线,需要在配电网络上增加连接和可见性,以及使用软件进行供需平衡等 [45][46][47] 问题3 **Jeffrey Osborne 提问** 询问公司全年订单增长率的可见性 [57][58][59][60] **Tom Deitrich 回答** 第一季度订单符合预期季节性,公司维持全年1:1或更高的订单增长率目标。有数亿美元的订单正在政府和监管审批过程中 [57][58][59][60]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 000-22418 Itron, Inc. (Exact name of registrant as specified in its charter) Washington 91-1011792 (State of Incorporation) (I.R.S. Employer Id ...

Itron (ITRI) reported $603.44 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 22%. EPS of $1.24 for the same period compares to $0.49 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $579.61 million, representing a surprise of +4.11%. The company delivered an EPS surprise of +45.88%, with the consensus EPS estimate being $0.85.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...

EXHIBIT 99.1 Itron Announces First Quarter 2024 Financial Results LIBERTY LAKE, Wash., May 02, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced today financial results for its first quarter ended March 31, 2024. Key results for the quarter include (compared with the first quarter of 2023): Revenue of $603 million, increased 22%; Gross profit of $205 million, increased 31%; GAAP net income attributable to Itron, Inc. of $ ...

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