Itron, Inc.


SKU: ITRI-1 Category:


Itron, Inc.: Focus on Grid Edge Intelligence and Technology Platform Expansion! 


Itron Inc.’s first quarter of 2024 showcased notable financial and operational improvements, reflecting the company’s resilience and strategic adaptability in a competitive industry landscape. The company reported a revenue increase of 22% year-over-year, reaching $603 million. This growth can be largely attributed to improved operational execution across the company’s entire value chain, from component supply to field installations, and heightened market demand for Itron’s offerings, particularly the Grid Edge Intelligence platform. The adjusted EBITDA also saw a significant rise, improving by 94% to $76 million, and non-GAAP earnings per share increased by 153% to $1.24. Additionally, Itron generated a free cash flow of $34 million, an impressive turnaround from the previous negative cash flow.

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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