secwatch.observer — SEC 8-K summary
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Issuer:     ITRON, INC. (ITRI)
CIK:        0000780571
Form:       8-K
Filed at:   2024-02-26T23:59:59+00:00
Accession:  0000780571-24-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Itron Q4 revenue $577M (+23% YoY), GAAP EPS $0.96, Non-GAAP $1.23; guides FY24 rev $2.275-2.375B
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- Q4 revenue $577M (+23% YoY); GAAP diluted EPS $0.96 vs $0.49; Non-GAAP diluted EPS $1.23 vs $0.71.
- Full-year 2023 revenue $2.2B (+21%); GAAP net income $97M ($2.11 per share) vs loss prior year.
- Adjusted EBITDA $68M in Q4 (+99% YoY); free cash flow $39M vs -$18M. Backlog at quarter end $4.5B.
- Q1 2024 outlook: revenue $575-585M, Non-GAAP EPS $0.80-0.90. Full-year 2024 guidance raised.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/780571/000078057124000004/0000780571-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/780571/000078057124000004/itri-20240226.htm
  HTML page:      https://secwatch.observer/filing/0000780571-24-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer