Trade Itron Inc - ITRI CFD

About Itron Inc

Itron, Inc. is a technology and service company. The Company is also engaged in the industrial Internet of things (IIoT). It operates through three segments: Device Solutions, Networked Solutions, and Outcomes. Device Solutions segment primarily includes hardware products used for measurement, control, or sensing that do not have communications capability embedded for use with its Itron systems, i.e., hardware-based products not part of a complete end-to-end solution. Networked Solutions segment primarily includes a combination of communicating devices, network infrastructure, and associated application software designed and sold as a complete solution for acquiring and transporting robust application-specific data. Outcomes segment primarily includes its value-added software and services in which the Company manage, organize, analyze, and interpret data to improve decision making and deliver results for consumers, utilities, and smart cities.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Itron Inc revenues decreased 9% to $1.98B. Net loss increased 40% to $81.3M. Revenues reflect Networked Solutions segment decrease of 13% to $1.09B, Device Solutions segment decrease of 7% to $645.1M, United States and Canada segment decrease of 11% to $1.27B, Europe & Middle East & Africa (EMEA) (Region) segment decrease of 4% to $568M.

Equity composition

Common Stock no Par, 03/11, 75M auth., 40,597,157 O/S. Insiders own 1.13%. IPO 11/93, 3M shs.@ $13.50 by CS First Boston et al. 5/97, Co. acquired Design Concepts, Inc. 4/97 Co. issd. 759,297 shs. FY'00 fncls. are restated. Summ. Q's reflect the restatement. FY'01 Q's are restated.