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Itron Inc (ITRI)
NASDAQ:ITRI
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.32Last Year’s EPS
1.21Same Quarter Last Year
Strong Buy
Based on 9 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 01, 2025
|% Change Since: -3.07%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a generally positive sentiment with strong earnings growth, margin expansion, and significant bookings and backlog levels. However, there were concerns about revenue decline in the Network Solutions segment and potential tariff impacts on EBITDA.Company Guidance
During Itron's First Quarter 2025 Earnings Conference Call, the company provided a comprehensive financial update and guidance for the upcoming period. Key metrics highlighted included a revenue of $607 million, an adjusted EBITDA of $88 million, and a non-GAAP earnings per share of $1.52 for the first quarter. The company also reported a free cash flow of $67 million and a book-to-bill ratio of 0.9:1, resulting in a backlog of $4.7 billion. Gross margin reached a quarterly record of 35.8%, driven by a favorable product mix and operational efficiencies. The company anticipates second-quarter revenue between $605 million and $615 million, with non-GAAP earnings per share expected to range from $1.30 to $1.40, indicating a year-over-year growth of approximately 12% at the midpoint. Additionally, the potential EBITDA impact from tariffs was estimated at $15 million, net of mitigation measures, though this remains subject to the dynamic tariff environment.Revenue Growth and Margin Expansion
Itron reported first quarter revenue of $607 million, a 1% increase year-over-year. The company achieved a record gross margin of 35.8%, which was 180 basis points higher than last year, driven by favorable product mix and operational efficiencies.
Strong Earnings Growth
Non-GAAP earnings per share increased to $1.52, up from $1.24 a year ago. Adjusted EBITDA was $88 million, marking a 15% increase with a company record EBITDA margin of 14.5%.
Device Solutions and Outcomes Segment Performance
Device Solutions segment achieved record gross margin of 30% and operating margin of 24.2%. Outcomes revenue grew 14% year-over-year, supported by increased recurring revenue and software licenses.
Bookings and Backlog
Bookings in the first quarter totaled $530 million, an increase of $169 million from last year. The backlog remained near record levels at $4.7 billion.
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ITRI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ITRI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| May 01, 2025 | $111.29 | $108.05 | -2.91% |
| Feb 25, 2025 | $92.60 | $101.81 | +9.95% |
| Oct 31, 2024 | $103.86 | $111.76 | +7.61% |
| Aug 01, 2024 | $103.44 | $108.09 | +4.50% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Itron Inc (ITRI) report earnings?
Itron Inc (ITRI) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Itron Inc (ITRI) earnings time?
Itron Inc (ITRI) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ITRI EPS forecast?
ITRI EPS forecast for the fiscal quarter 2025 (Q2) is 1.32.
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