Welcome to our dedicated page for Itron news (Ticker: ITRI), a resource for investors and traders seeking the latest updates and insights on Itron stock.
Itron Inc. develops intelligent infrastructure for utilities and cities that measure, manage and analyze energy, water and city services. Company news commonly covers grid edge intelligence, advanced metering infrastructure, communicating endpoints, network infrastructure, headend software and analytics used across electric, gas and water deployments.
Recurring updates include quarterly results, segment activity in Device Solutions, Networked Solutions, Resiliency Solutions and Outcomes, and customer deployments such as distributed energy resource management for low-voltage networks. Itron also reports product expansions for UtilityIQ, cellular gas and water modules, AI-enabled distributed intelligence, education and sustainability programs, and capital-structure actions such as convertible senior notes.
Itron, Inc. (NASDAQ: ITRI) announced the launch of the Itron Engage Sales Channel Partner Program in the Asia Pacific region. This program equips utilities and municipalities with tools, training, and support to enhance energy and water management. Already in use in North America and Europe, the program fosters an interconnected partner community, rewarding expertise and performance. Partners gain access to Itron University for comprehensive training and utilize the Itron Partner Center for resources. The initiative aims to meet evolving customer demands in a transforming industry.
Itron, Inc. (NASDAQ: ITRI) announced it will release its financial results for the quarter ended June 30, 2022, on August 4, 2022, before market opening. The earnings report will be published on the company's website at investors.itron.com at 8:30 a.m. EDT. A management conference call will take place at 10 a.m. EDT to discuss the results. Interested participants can access the live webcast from the company's website. A telephone replay will be available until August 9, 2022.
Itron, Inc. (NASDAQ: ITRI) collaborates with the Sevier County Utility District (SCUD) to implement its AMI Essentials for Gas, deploying 15,000 Cellular 500G Gas Modules and Temetra for enhanced gas meter management. This initiative aims to improve operational efficiency and safety in SCUD’s gas distribution system in Tennessee over the next two years. The solution facilitates better data visibility, supports cloud-based data management, and ensures accurate meter reads, ultimately enhancing customer service and fostering future growth for SCUD.
Itron, Inc. (NASDAQ: ITRI) has secured a contract with Energy Queensland to implement Temetra, a cloud-based mobile meter data management solution, for 2.3 million electric meters. This technology enhances operational efficiency, route optimization, and customer engagement by allowing real-time data collection and analytics. The system also ensures employee safety through hazard alerts and GPS integration for route management, positioning utilities for future growth and improved service delivery.
Itron, Inc. (NASDAQ: ITRI) announced the upcoming Itron Inspire APAC 2022, a virtual customer event scheduled for July 26-27, 2022. The event aims to unite utilities, cities, and industry leaders to discuss trends, share insights, and address challenges within the energy and water management sector. Featuring keynotes, breakout sessions, and a product showcase, the event will be available at no charge. Content will remain accessible on-demand until August 24, 2022.
Itron, Inc. (NASDAQ: ITRI) announces its flagship event, Itron Inspire 2022, set for Sept. 23-30, 2022, at the JW Marriott Island Beach Resort in Marco Island, FL. This customer-focused conference aims to connect industry experts in energy, water, IIoT, and smart city communities, offering in-person and livestreamed sessions. The agenda includes training, keynotes, and networking opportunities. Registration is currently open, with further details to be released closer to the event.
Itron, Inc. (NASDAQ: ITRI) announced the delivery of its 4 millionth Distributed Intelligence (DI)-enabled smart electric meter to Texas-New Mexico Power (TNMP), contributing to TNMP's Advanced Metering Infrastructure (AMI) goals. With over 4.2 million DI meters shipped globally, TNMP has completed over 75% of its deployment as of June 2022. This transition enhances operational efficiency, grid safety, and compliance with Texas regulations. Itron’s solutions facilitate advanced analytics at the grid edge, improving service reliability for more than 260,000 customers in Texas.
Itron, Inc. (NASDAQ: ITRI) has released its 2021 Environmental Social Governance (ESG) Report, highlighting its commitment to sustainability through innovative solutions for energy and water management. Key goals include a 50% reduction in greenhouse gas emissions by 2028, achieving carbon-neutral operations by 2035, and net zero by 2050. Itron's automated metering infrastructure has already helped avoid over 3.5 million metric tons of greenhouse gas emissions. The report emphasizes Itron's dedication to environmental stewardship, community involvement, and advancing inclusion within the company.
Itron is expanding its collaboration with Microsoft to enhance cloud adoption and innovative solutions for utilities and smart cities. This partnership aims to address critical challenges in the energy sector, including greenhouse gas emissions and operational efficiency. By leveraging edge compute and high-fidelity data, the collaboration will facilitate the transition towards net zero goals and improved customer engagement. Key use cases include outage management and carbon tracking, with a focus on delivering integrated solutions that enhance grid resilience and operational insights.
Itron (NASDAQ: ITRI) announced an expanded collaboration with PayGo, integrating its billing and payment solution into Itron's distributed intelligence (DI) platform. This partnership allows consumers to track real-time energy usage via Itron's Riva meters, enhancing payment flexibility. Through Itron Smart Pay, users receive alerts for low balances, potentially reducing energy bills by up to 12% and improving utility customer satisfaction by 10 points. The new features will be showcased at DISTRIBUTECH from May 23-25.