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ITRI - Itron Non-GAAP EPS of $0.11 beats by $0.03 revenue of $475M misses by $13.49M
Itron Inc.
Itron press release (NASDAQ:ITRI): Q1 Non-GAAP EPS of $0.11 beats by $0.03. Revenue of $475M (-8.7% Y/Y) misses by $13.49M. Adjusted EBITDA of $19 million, compared with $50 million. Free cash flow of $2 million compared with $39 million. Total backlog was $3.9B and 12-month backlog was $1.6B, compared with $3.4B and $1.3B, respectively, in the prior year. Bookings in the quarter totaled $417M.