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Itron Inc - ITRI STOCK NEWS

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.

Company Overview

Itron Inc is a globally recognized provider of measurement, management, and analytics solutions that empower utilities, cities, and large institutions to operate more efficiently. With its expertise in smart grid technologies, IIoT solutions, and energy analytics, Itron supports critical infrastructure for energy and water management across more than 100 countries. The company is uniquely positioned at the intersection of technology and utility management, offering solutions that ensure reliable service delivery while optimizing resource use.

Business Segments and Core Solutions

Itron’s operations are segmented into three distinct areas: Device Solutions, Networked Solutions, and Outcomes. Each segment addresses different aspects of the utility services value chain:

  • Device Solutions: This segment encompasses hardware products for measurement, control, and sensing. These devices, while not always equipped with embedded communication capabilities, form the backbone of data collection and monitoring systems integral to broader Itron platforms.
  • Networked Solutions: Combining communicating devices, robust network infrastructure, and dedicated application software, this segment delivers integrated solutions that enable data exchange and real-time operational insights. It focuses on creating cohesive systems that bring together physical assets and digital management tools.
  • Outcomes: Leveraging enhanced software and service offerings, the Outcomes segment transforms raw data into actionable insights. By organizing, analyzing, and interpreting data, Itron’s advanced analytics empower organizations to improve decision-making and enhance operational profitability.

Innovative Technologies and Industry Applications

Itron is at the forefront of technological innovation within the utility and smart city environment. Its portfolio includes a range of smart meters, sensors, and edge computing devices that seamlessly integrate with analytics platforms. These technologies are used to:

  • Modernize and secure critical infrastructure systems
  • Monitor energy and water consumption with precision
  • Leverage AI and machine learning for predictive maintenance and enhanced service delivery
  • Facilitate efficient management of grid edge intelligence for smarter, responsive infrastructure

Additionally, Itron’s solutions have been deployed in applications such as water pipe asset management—utilizing AI to identify pipes at risk of failure—and in supporting smart EV charging programs through distributed intelligence and real-time load management. These applications highlight the company’s ability to combine traditional metering with modern digital solutions for improved system performance.

Global Impact and Market Position

Operating in over 100 countries, Itron plays a vital role in ensuring the reliable delivery of utilities to communities. Its extensive portfolio of smart networks, software, and services contributes to safeguarding natural resources while enhancing the quality of life for millions of people worldwide. Recognized for its scalable solutions and expertise in integrating multi-commodity systems, Itron supports utilities in managing challenges such as energy leakage, water loss, and aging infrastructure, thereby reinforcing its differentiated market position.

Integration of Advanced Analytics and AI

One distinguishing aspect of Itron’s offerings is its commitment to harnessing advanced analytics and AI. By integrating historical data with real-time inputs from its networked solutions, the company provides utilities with the intelligence needed to make data-driven decisions. Whether it is about identifying non-revenue water losses or optimizing energy distribution, Itron’s analytics platforms enable a level of operational foresight that is critical in today’s fast-changing technical landscape.

Commitment to Operational Excellence

Itron’s extensive experience in the utility sector underpins its commitment to operational excellence. The company’s end-to-end solutions, from robust device manufacturing to cloud-based data management, exemplify a holistic approach to solving complex infrastructure challenges. This commitment is reflected in:

  • Enhanced system reliability through comprehensive data integration
  • Improved operational efficiency by reducing manual interventions
  • Scalable technology platforms designed for both legacy systems and emerging smart applications

Industry-Specific Terminology and Expertise

Throughout its operations, Itron employs industry-specific terminology and methodologies that signal its expertise. Terms such as "grid edge intelligence," "distributed intelligence," and "advanced metering infrastructure" are central to understanding its product capabilities and strategic vision. The company’s ability to address varied market needs without oversimplification demonstrates a deep grasp of both technical and operational complexities in the energy and water sectors.

Approach to Customer-Centric Solutions

Itron’s continuous drive to innovate is primarily focused on solving real-world problems faced by utilities and cities. Its solutions are designed around the needs of end users who require accuracy, security, and efficiency in monitoring and managing critical services. This combination of advanced hardware, intelligent network systems, and analytical software helps establish a robust infrastructure that is both flexible and reliable.

Competitive Landscape and Differentiators

In a competitive industry characterized by rapid technological advancements, Itron differentiates itself through its diverse product portfolio and its proven track record in deploying large-scale solutions. While many competitors may focus solely on niche areas, Itron’s integrated approach spans from device manufacturing to complete data management ecosystems. Its expertise in managing multi-vendor systems and its commitment to open architecture further solidify its standing among peers in the global marketplace.

Comprehensive Value Proposition

Itron’s value proposition rests on its ability to enable safer, more efficient, and reliable infrastructure systems. Through the deployment of smart networks and real-time analytics, the company directly addresses operational challenges such as non-revenue water loss, energy consumption inefficiencies, and network downtime. Each solution is developed with meticulous attention to technical detail and operational impact, ensuring that utilities are equipped to manage both current and legacy systems effectively.

Conclusion

In summary, Itron Inc stands as a pillar of innovation in the energy, water, and smart city sectors. Its comprehensive suite of solutions—from device hardware to networked analytics and sophisticated outcomes management—demonstrates a deep understanding of the challenges associated with modern infrastructure management. By continuously evolving its offerings through the integration of advanced technologies and AI-driven insights, Itron ensures robust support for utilities and cities. This extensive approach not only bolsters operational efficiency but also reinforces the company’s commitment to improving service delivery and resource management on a global scale.

The multi-faceted nature of Itron’s product and service offerings, combined with its global footprint and technical prowess, underscores a long-standing commitment to excellence in the utility sector. The company’s endeavors in smart energy, water metering, and grid edge intelligence reflect its mission to create a more connected, efficient, and sustainable framework for infrastructure management.

Rhea-AI Summary

On February 17, 2021, Bsquare Corporation (NASDAQ: BSQR) and Itron (NASDAQ: ITRI) announced an expansion of their business collaboration to enhance Itron's distributed intelligence (DI) app store using Bsquare's device management software. This partnership aims to deliver innovative applications for Itron's customers, facilitating near real-time insights and local control over energy and water management systems. Both companies highlighted the significance of this collaboration in bringing advanced IoT solutions to the market.

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Itron, Inc. (NASDAQ: ITRI) has signed a contract with Floresti Communal Services in Moldova to implement its Water Operations Management (WOM) solution. This deployment includes low-power network systems and smart water meters aimed at enhancing operational efficiency and conserving water. Itron's technology will facilitate pressure management, data analysis, and reduce non-revenue water (NRW) loss. With improved visibility and water intelligence, Floresti aims to ensure quality water delivery and modernize its operations, ultimately contributing to more sustainable water resource management.

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Itron, Inc. (NASDAQ: ITRI) announced that Versant Power will implement Itron's multi-purpose solution, including over 160,000 advanced meters and an IoT network, to modernize its electricity grid in Maine. Project activities will commence in 2021, with meter installations starting in 2022. This deployment aims to enhance data management, analytics, and operational efficiency, resulting in improved customer experiences and outage management capabilities. Itron's solution is expected to support Versant Power's commitment to making electricity more accessible and affordable for its nearly 160,000 customers.

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Itron, Inc. (NASDAQ: ITRI) announces the release of its financial results for Q4 and the full year ending Dec. 31, 2020, scheduled for Feb. 24, 2021, before market opening. The financial statements will be accessible on Itron's investor website at 8:30 a.m. EST, followed by a management conference call at 10 a.m. EST to discuss the results. A live webcast will be provided for interested parties, with a replay available until Mar. 1, 2021. Itron serves over 100 countries, offering solutions for energy and water management.

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Itron (NASDAQ: ITRI) has announced a partnership with Pacific Northern Gas (N.E.) to implement its Automated Meter Reading (AMR) solution, utilizing 500G Encoder Receiver Transmitters. This deployment aims to enhance the safety, efficiency, and reliability of natural gas delivery to 22,000 customers. The AMR solution will allow for remote meter reading, improving accuracy and operational efficiency while ensuring employee safety. PNG(NE) aims to meet customer energy needs reliably and efficiently through this modernized approach.

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Itron, Inc. (NASDAQ: ITRI) wrapped up its Itron Utility Week (IUW) event, which saw record attendance of over 1,500 registrants from 375 utilities and 70 cities. The virtual event, held from Oct. 27-29, focused on empowering innovation in the utility and smart city space. Itron also announced a name change for IUW to Itron Inspire, reflecting its broader focus beyond utilities. The next event is scheduled for Palm Desert, California, from Oct. 1-8, 2021.

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Itron, Inc. (NASDAQ:ITRI) reported its third quarter results for 2020, revealing a revenue decrease of 13% to $540 million, down from $624 million in Q3 2019. The company faced a GAAP net loss of $(25) million, equating to a loss per share of $(0.63), compared to a profit of $17 million or $0.42 per share last year. Gross margin dropped to 26.5% from 31.5%, while non-GAAP diluted EPS fell to $0.61 from $1.04. Total backlog decreased to $2.8 billion, and free cash flow improved to $38 million. Despite challenges from COVID-19, Itron remains focused on innovation and customer support.

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Itron (NASDAQ: ITRI) announced the deployment of over 350,000 smart meters by New Brunswick Power (NB Power) to modernize its electricity grid. This initiative is part of NB Power's smart grid program aimed at enhancing grid efficiency and reliability. The project recently received regulatory approval and is set to commence later this year. The deployment will improve customer service, reduce non-technical losses, and enable real-time data analysis for better risk management and outage response.

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Itron, Inc. (NASDAQ: ITRI) announced its financial results for the third quarter ending September 30, 2020, scheduled for release on November 2, 2020. The results will be available on the company's investor relations website at 8:30 a.m. EST, followed by a management conference call at 11 a.m. EST. Interested parties can access the call via a live webcast, with a replay available until November 7, 2020. Itron provides critical infrastructure solutions for utilities and cities globally, promoting resource management for electricity, gas, and water.

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On October 5, 2020, Itron announced that the New York State Public Service Commission has approved its 550G Gas Encoder Receiver Transmitter (ERT) module for use in New York's gas utilities. Designed for compliance with state regulations, this module features Advanced Meter Reading (AMR) and Advanced Metering Infrastructure (AMI) technologies. Con Edison will deploy these modules to enhance their IoT network, allowing for on-demand readings and improved gas delivery services. The 550G ERT is available commercially, adding to Itron's leading portfolio of over 75 million AMR/AMI modules.

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FAQ

What is the current stock price of Itron (ITRI)?

The current stock price of Itron (ITRI) is $105.82 as of March 7, 2025.

What is the market cap of Itron (ITRI)?

The market cap of Itron (ITRI) is approximately 4.8B.

What is Itron Inc known for?

Itron Inc is known for providing comprehensive measurement, management, and analytics solutions for energy and water utilities, as well as smart city infrastructure.

Which operating segments does Itron Inc have?

Itron operates through three primary segments: Device Solutions, which focuses on non-communicating hardware; Networked Solutions, which offers integrated communication and software systems; and Outcomes, which delivers advanced analytics and decision-making support.

How do Itron's solutions benefit utilities and cities?

Itron's solutions help utilities and cities enhance operational efficiency, reduce non-revenue losses, and improve infrastructure reliability by providing real-time data and predictive analytics.

What role does advanced analytics play in Itron's offerings?

Advanced analytics in Itron’s portfolio transforms raw data from various devices into actionable insights, enabling better decision-making, predictive maintenance, and optimized resource management.

How is Itron contributing to smart city infrastructure?

Itron supports smart city initiatives by deploying integrated systems that manage energy, water usage, and public resources efficiently, while leveraging IIoT and edge computing technologies.

What distinguishes Itron from its competitors?

Itron differentiates itself with a comprehensive approach that combines robust hardware, integrated network systems, and sophisticated analytics, providing end-to-end solutions for managing critical infrastructure.

Can Itron's solutions integrate with legacy systems?

Yes, Itron’s flexible platforms are designed to work with both legacy and modern systems, facilitating smooth transitions and upgrades without disrupting current operations.

How does Itron address the challenges of non-revenue water and energy loss?

Through its advanced analytics and integrated monitoring solutions, Itron helps utilities precisely identify areas of loss, enabling targeted interventions that reduce waste and improve overall system efficiency.
Itron Inc

Nasdaq:ITRI

ITRI Rankings

ITRI Stock Data

4.80B
44.18M
1.24%
112.28%
6.87%
Scientific & Technical Instruments
Instruments for Meas & Testing of Electricity & Elec Signals
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