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Iteris - ITI STOCK NEWS

Welcome to our dedicated page for Iteris news (Ticker: ITI), a resource for investors and traders seeking the latest updates and insights on Iteris stock.

Overview

Iteris, Inc. (ITI) leverages the power of big data and advanced analytics to transform transportation and agriculture. With a specialization in applied informatics, Iteris collects, aggregates, and analyzes data from various sources such as traffic patterns, road conditions, weather, water, soil, and crop health. These capabilities enable municipalities, government entities, crop science companies, and agronomists to make informed decisions that enhance road safety and optimize farm productivity. The company employs cutting-edge technology to process vast amounts of information, turning raw data into breakthrough solutions that address everyday challenges in transportation and agriculture.

Business Model and Operations

At its core, Iteris operates on a model that integrates data acquisition with sophisticated analytical tools. By providing comprehensive datasets and actionable insights, the company helps clients reduce risk, improve operational efficiency, and create safer travel and sustainable farming environments. Revenue is generated through tailored analytic services, including data subscriptions and licensing solutions that allow customers to access proprietary information and industry-specific intelligence. The company’s robust analytical frameworks and systematic approach to informatics are key drivers of its market significance.

Technological Excellence and Industry Position

Iteris stands out in the competitive landscape by utilizing technologies such as machine learning, sensor integration, and predictive analytics. These industry-specific tools facilitate the transformation of complex data into clear, valuable insights for decision-makers. The company's detailed and precise classification of traffic and environmental data underscores its authority in the big data domain. Iteris's methodical use of data not only promotes safer transportation systems but also supports the development of smarter, more sustainable agricultural practices.

Core Value Proposition

The primary value of Iteris lies in its ability to bridge the gap between raw data and intelligent decision-making. Customers benefit from a comprehensive analytics platform that contextualizes information into meaningful guidance for improving public safety and optimizing resource management. By maintaining a strong focus on applied informatics, Iteris ensures that its solutions are both relevant and impactful, addressing the immediate needs of its diverse user base. The company’s interdisciplinary approach, combining data science with practical industry applications, reinforces its position as an indispensable resource in transportation and agriculture.

Competitive Advantage and Market Significance

  • Specialized Data Analytics: Iteris uses advanced analytics tailored to address specific challenges within transportation and agriculture, ensuring clients receive targeted insights.
  • Integrated Systems: The company’s technology platform seamlessly integrates multiple data streams, from environmental factors to traffic metrics, providing a holistic view of critical operational parameters.
  • Industry Expertise: With years of experience in the applied informatics space, Iteris demonstrates deep knowledge of both the technical and practical aspects of data-driven decision-making.

Understanding the Impact

The solutions provided by Iteris empower a range of stakeholders—from city planners striving for safer road designs to farmers seeking to increase crop efficiency. The ability to turn complex variable data into actionable insights helps reduce operational costs and mitigate risks associated with unpredictable environmental conditions. This balance of technical innovation and practical application illustrates why Iteris remains a pivotal player in the industries it serves.

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Iteris, Inc. to participate in Northland Capital Markets Virtual Institutional Investor Conference on September 19, 2023
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Iteris awarded contract for smart mobility project in Bellevue, Washington
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Iteris awarded $1.3M contract for a smart mobility initiative in Orange County
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Iteris, Inc. (NASDAQ: ITI) to participate in Sidoti Virtual Micro-Cap Investor Conference on August 16-17, 2023, with president and CEO Joe Bergera and CFO Kerry Shiba presenting. The company's presentation will be webcast live and available for replay via the investor relations section of the company’s website at www.iteris.com.
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Iteris, Inc. (NASDAQ: ITI) reported a record adjusted EBITDA of $3.7 million, representing a $6.1 million improvement year over year. Record revenue of $43.5 million, up 29% YoY. Gross margins increased by 840 basis points YoY. GAAP net income of $2.1 million, a $7.0 million improvement from the prior year. A record ClearData™ contract win valued at over $15.0 million over four years. Record bookings of $53.1 million, up 25% YoY. Record backlog of $123.8 million, up 14% YoY. Second quarter total revenue guidance in the range of $41.0 million to $42.0 million, representing growth of 6% YoY at the mid-point. Reiterating full-year total revenue guidance in the range of $168.0 million to $175.0 million, representing organic growth of 10% YoY at the mid-point.
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Iteris, Inc. will conduct a conference call on August 8 to discuss its financial results for the fiscal first quarter. The call will be hosted by the president and CEO, Joe Bergera, and the CFO, Kerry Shiba. The financial results will be issued in a press release prior to the call.
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Iteris, Inc. has announced the appointment of Gary Hall and Kimberly Valentine-Poska to its board of directors. Gary Hall is a partner and president of infrastructure & public finance for Siebert Williams Shank & Company, with extensive experience in infrastructure and public finance. Kimberly Valentine-Poska is a managing director at Global Capital Markets, Inc., with a successful career in investment banking. Their appointments bring valuable expertise in infrastructure, technology, strategic transactions, and capital allocation to the board.
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FAQ

What is the current stock price of Iteris (ITI)?

The current stock price of Iteris (ITI) is $7.195 as of February 7, 2025.

What is the market cap of Iteris (ITI)?

The market cap of Iteris (ITI) is approximately 309.5M.

What is the core business of Iteris, Inc.?

Iteris specializes in applied informatics, transforming big data into actionable insights for the transportation and agriculture sectors. Their solutions focus on enhancing road safety and optimizing farming practices.

How does Iteris generate revenue?

The company generates revenue through subscription-based data services, licensing solutions, and tailored analytics that provide clients with crucial operational insights in transportation and agriculture.

Which industries does Iteris primarily serve?

Iteris serves a diverse range of industries including municipal governments, transportation planners, crop science companies, and agriculture professionals, all seeking data-driven solutions for safety and efficiency.

What makes Iteris unique in its market?

Iteris stands out by integrating multiple data streams—from environmental conditions to traffic metrics—into a unified analytics platform, enabling precise decision-making and operational improvements.

How does Iteris utilize technology in its operations?

The company employs advanced technologies like machine learning, sensor integration, and predictive analytics to process large volumes of data and deliver actionable, industry-specific insights.

How do Iteris's solutions benefit transportation and agriculture?

Iteris's analytics help reduce risks in transportation by optimizing traffic flow and road safety measures, while also supporting sustainable agricultural practices by enhancing farm productivity and resource management.

How does Iteris compare with other data analytics companies?

While many firms focus on generic data processing, Iteris distinguishes itself through specialized analytics tailored to the complexities of transportation and agriculture, providing in-depth, practical insights for clients.

What challenges does Iteris address in its market?

The company tackles issues related to inefficiencies in traffic management and the unpredictability of agricultural environments by converting complex datasets into clear, actionable intelligence, aiding better decision-making.
Iteris

Nasdaq:ITI

ITI Rankings

ITI Stock Data

309.47M
42.07M
2.26%
53.91%
1.51%
Communication Equipment
Communications Equipment, Nec
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United States
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