Why Is Itron Stock Trading Up Monday?



Itron, Inc. (NASDAQ:ITRI) reported a fourth-quarter FY23 revenue growth of 23% year-on-year to $577.2 million, beating the consensus of $570.2 million.

Adjusted EPS of $1.23 beat the consensus of $0.75. The stock price climbed after the results.

Device Solutions revenue climbed by 13% Y/Y to $113.54 million, and Networked Solutions revenue grew by 30% Y/Y to $390.92 million. Outcomes revenue increased 10% Y/Y …

Full story available on Benzinga.com


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