Demand And Revenue GrowthThe company expects a book-to-bill ratio of 1.0x or higher, indicating strong demand supported by increasing multi-year customer budgets.
Earnings PerformanceThe company reported strong Q2 earnings per share on in-line revenue, with product mix favorable and gross margin reaching a new quarterly record.
Strategic PositioningItron Inc is expected to experience revenue growth and margin expansion due to its leadership in the distributed grid intelligence industry and a shift toward higher-value solutions.