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Itron Inc (ITRI.O)

ITRI.O on Nasdaq

43.83USD
22 Jul 2016
Change (% chg)

$-0.09 (-0.20%)
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$43.92
Open
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Volume
90,168
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$45.71
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Latest Key Developments (Source: Significant Developments)

Itron reaches agreement to settle patent litigation claims
Friday, 15 Jul 2016 04:30pm EDT 

Itron Inc : Has reached an agreement to settle patent litigation claims brought by TransData Inc against Itron and certain Itron customers . Financial terms of settlement were not disclosed . Parties have mutually agreed to dismiss all litigation claims related to TransData's patents .Previously recorded financial reserve in 2015 for estimated settlement costs, will record adjustments to amount in 2016 to reflect final agreement.  Full Article

Itron Inc raises FY 2015 Revenue guidance; lowers FY 2015 EPS guidance
Wednesday, 5 Aug 2015 04:00pm EDT 

Itron Inc:Expects FY 2015 Revenue between $1.85 and $1.95 billion.FY 2015 non-GAAP diluted EPS between $1.00 and $1.30.FY 2015 revenue of $1.84 billion and EPS of $1.33 - Thomson Reuters I/B/E/S.  Full Article

Itron Inc Selected to Modernize Natural Gas Distribution System in Northern Italy
Wednesday, 27 May 2015 08:45am EDT 

Itron, Inc:Says Linea Distribuzione, natural gas provider in eight provinces in Northern Italy, has signed a contract with Itron to modernize its gas distribution system.  Full Article

Itron announces new $50 mln share repurchase authorization
Monday, 23 Feb 2015 08:46am EST 

Itron Inc:Says its board of directors has authorized a new repurchase program of up to $50 mln of Itron common stock over a 12-month period beginning Feb. 19.Repurchases under the program will be made in accordance with applicable securities laws in the open market or in privately negotiated transactions. Depending on market conditions and other factors, these repurchases may be commenced or suspended from time to time without prior notice.  Full Article

Itron Inc gives FY 2015 outlook below analysts' estimates
Wednesday, 11 Feb 2015 04:00pm EST 

Itron Inc:Expects FY 2015 revenue between $1.8 and $1.9 billion.FY 2015 non-GAAP diluted EPS between $1.60 and $2.00.FY 2015 revenue of $2.0 billion and EPS of $2.13 - Thomson Reuters I/B/E/S.  Full Article

Itron Inc gives Q4 2014 charge guidance
Tuesday, 4 Nov 2014 04:00pm EST 

Itron Inc:c:Estimates total pre-tax restructuring charges of $65 to $75 mln and expects to record the majority of the charges in the Q4 2014.  Full Article

Itron and DTE Energy collaborate on smart city demonstration project
Tuesday, 30 Sep 2014 08:45am EDT 

Itron Inc:Says it is collaborating with DTE Energy, on smart cities demonstration project in Detroit.The demonstration, featuring innovative smart resource management technologies, will be showcased during Meeting of Minds conference in Detroit, Sept. 30 to Oct. 2 Located at DTE Energy's headquarters, demonstration highlights important role smart technologies play in managing energy.Smart cities project supports leading-edge smart technologies. Components of project include mobile apps, an educational kiosk, unmanned aerial vehicles, smart electric vehicle charging station, intelligent streetlights, water leak detection, smart metering technology and analytics.  Full Article

Itron and i2O Water announces new alliance to offer smart pressure management solutions
Monday, 22 Sep 2014 08:45am EDT 

Itron Inc:Says new alliance with i2O Water, the U.K.-based world leader in smart pressure management for water networks.Says collaboration will expand Itron's water portfolio and round out its non-revenue water (NRW) offering, enabling utilities to more effectively and efficiently manage water resources around world.Says i2O's innovative technology helps minimize non-revenue water by reducing physical water losses in distribution network.Itron has signed five-year agreement to distribute i2O's Smart Pressure Management products.This new alliance will combine the strengths of each company, including Itron's leadership in the smart water metering space and i2O's market-leading Smart Pressure Management technology, giving Itron's customers access to a comprehensive NRW offering.  Full Article

Itron Inc names W. Mark Schmitz Chief Financial Officer and executive vice president
Monday, 8 Sep 2014 08:45am EDT 

Itron Inc:Announced that W. Mark Schmitz has been appointed executive vice president and chief financial officer effective immediately.  Full Article

Itron Inc selected for Linky Smart Grid Program in France
Friday, 5 Sep 2014 10:43am EDT 

Itron Inc:Says it has been selected by ERDF (Électricité Réseau Distribution France), electricity distribution network operator in France and distribution subsidiary of Electricité de France Group (EDF) for its Linky smart grid program.Itron will be major supplier of Linky smart meters for first phase of the program.Linky project aims to improve the distribution of electricity in France with intelligent metering and communications network.In total, ERDF will replace 35 mln meters, meeting EU directive for 80 percent of meters to be smart by 2020.With this contract, Itron will supply from 1.2 mln up to 1.6 mln of Linky smart meters to be deployed by ERDF for the first phase of the program.Itron will deliver meters from Sept. 2015 through end of 2016.  Full Article

BRIEF-Itron reaches agreement to settle patent litigation claims

* Has reached an agreement to settle patent litigation claims brought by TransData Inc against Itron and certain Itron customers