Itron Q3 revenue down 10% to $487M; component constraints cut ~$100M

ITRON, INC.

2021-Q3 EPS reported -$0.51 revenue$1,495,935,000

GAAP net loss of $(2)M ($(0.04) EPS) vs $(25)M loss prior year; non-GAAP EPS $0.21 vs $0.61.
Revenue $487M, down 10% YoY; component constraints reduced revenue by ~$100M.
Backlog rose to $3.4B from $2.8B; bookings $395M in quarter.
Announced definitive agreement to sell European gas businesses and gas regulator business; restructuring.
Board authorized $100M share repurchase over 18 months.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.