Description

Itron, Inc.: Grid Edge Intelligence Expansion Fueling Our ‘Outperform’ Rating! 

Itron’s third quarter of 2024 displayed notable financial performance and a strategic focus on enhancing and expanding its market offerings in energy and water solutions. Key financial results include total revenue of $615 million, marking a 10% increase year-over-year, with a notable improvement in gross margin to 34.1%. This growth was supported by operational efficiencies and strategic shipments of customer orders. The company achieved a GAAP net income of $78 million or $1.70 per diluted share, significantly up from the previous year, benefiting from higher operating income and a favorable tax resolution.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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