Reports Q1 revenue $607M, consensus $614.45M. “First quarter margin expansion and earnings growth were ahead of expectations due to favorable product mix and continued strong execution,” said Tom Deitrich, Itron’s (ITRI) president and CEO. “Customer demand remained steady during the first quarter driven by grid efficiency, automation, and agile infrastructure solutions. Utilities are embracing new technologies and Itron’s leadership in providing grid edge intelligence solutions at scale continues to be reflected in the Company’s performance.”
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