Key Developments: Itron Inc (ITRI.O)

ITRI.O on Nasdaq

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Latest Key Developments (Source: Significant Developments)

Itron Inc delivers managed service solution to Utilita
Wednesday, 16 Jul 2014 08:45am EDT 

Itron Inc:Says Utilita, supplier of prepayment gas and electricity in the UK, has signs contract with Itron for full suite of services in support of customers using key prepayment electricity meters.Deal marks first of this kind as Itron expands its offering to include managed services for small energy suppliers.Under the agreement, Itron supports the backend operations of Utilita`s key prepayment offering, which will enable consumers to buy energy using two national vending service providers and allow for tariffs and levels of credit and debt repayment to be managed remotely.Full suite of services also includes data management, transaction management, meter asset management, report creation and technical support via a business to business contact center.  Full Article

Los Angeles Department of Water and Power Expands Contract with Itron
Wednesday, 11 Jun 2014 08:45am EDT 

Itron Inc:Says that it has awarded the advanced time-of-use and net time-of-use electric metering contract to Itron.LADWP will utilize Itron's cellular solution to supply advanced time-of-use and net time-of-use residential, commercial and industrial electric metering to LADWP's customers.Solution will help LADWP improve customer service, expand green energy initiatives and help the municipal utility meet increasing demands from applications for solar net metered residential, commercial and industrial customers in the City of Los Angeles.  Full Article

Itron to modernize and manage southern connecticut gas company metering system
Tuesday, 29 Apr 2014 08:45am EDT 

Itron Inc:The Southern Connecticut Gas Company (SCG), natural gas provider, has selected Itron to modernize and manage its metering system.Solution will help SCG optimize the delivery of natural gas, improve customer service and streamline business operations.SCG will utilize Itron TOTAL(tm) AMI to run, manage and maintain their gas meter reading system for 20 years.  Full Article

Itron announces chief financial officer transition
Thursday, 24 Apr 2014 04:10pm EDT 

Itron Inc:Steven M. Helmbrecht, the company's executive vice president (EVP) and chief financial officer (CFO), will be departing effective Dec. 31.Says it will conduct a search for external candidates to fill the position.In the interim, Helmbrecht will continue as EVP and CFO of the company.  Full Article

Itron Inc gives FY 2014 outlook below analysts' estimates
Wednesday, 12 Feb 2014 04:00pm EST 

Itron Inc:Expects FY 2014 revenue between $1.825 and $1.925 bln.Expects FY 2014 NON-GAAP diluted EPS between $1.30 and $1.80.FY 2014 revenue of $2.063 bln, EPS of $2.95 - Thomson Reuters I/B/E/S.  Full Article

RWE Subsidiary Selects Itron Inc To Bring Efficient Water Supply to Urban Areas in Western Germany
Tuesday, 5 Nov 2013 08:45am EST 

Itron Inc announced that RWW (Rheinisch-Westfälische Wasserwerksgesellschaft), a water supplier located in Mülheim an der Ruhr, Germany, selected Itron to enable more efficient delivery of water in urban areas of Western Germany. RWW is a subsidiary of RWE, one of the utility companies in Germany. With Itron's water metering solution, RWW will be able to detect water loss, identify potential theft and increase billing accuracy.  Full Article

Itron Inc Sees FY 2013 Guidance At Low End Of Prior Range
Wednesday, 30 Oct 2013 04:00pm EDT 

Itron Inc announced that it anticipate fiscal 2013 results will be at the low end of the Company's guidance range of $1.95 billion to $2 billion of revenue and $2.25 to $2.55 of non-GAAP earnings per share. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $1.96 billion and EPS of $2.39 for fiscal 2013.  Full Article

Itron Inc Receives Contract For Advanced Metering Deployment From Grayson-Collin Electric Cooperative
Tuesday, 27 Aug 2013 08:45am EDT 

Itron Inc announced that Grayson-Collin Electric Cooperative (GCEC), which serves nearly 40,000 members in Grayson and Collin Counties in Texas, has selected Itron for its advanced metering deployment utilizing cellular communications. The cellular solution will allow GCEC to strategically and cost-effectively deploy a secure, scalable system to optimize the delivery of electricity. GCEC will also utilize Itron Services to manage and maintain the entire solution, freeing the utility to focus on core business operations.  Full Article

Itron Inc Lowers FY 2013 Guidance
Wednesday, 31 Jul 2013 04:00pm EDT 

Itron Inc announced that for fiscal 2013, it expects revenue to be between $1.95 and $2.0 billion and Non-GAAP diluted EPS between $2.25 and $2.55. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $2 billion and EPS of $2.79 for fiscal 2013.  Full Article

Itron Inc Renews Contract With British Gas For Comprehensive Managed Services
Tuesday, 21 May 2013 08:45am EDT 

Itron Inc announced that it has signed a five-year contract with British Gas to provide a full suite of services in support of more than 1.25 million electricity prepayment customers throughout the UK. Under this contract, Itron is providing a B2B customer support call center, prepayment vending transaction management, meter data management, data reporting, technical support and consulting services.  Full Article

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