secwatch.observer — SEC 8-K summary
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Issuer:     ITRON, INC. (ITRI)
CIK:        0000780571
Form:       8-K
Filed at:   2022-02-28T23:59:59+00:00
Accession:  0001157523-22-000268
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Itron Q4 GAAP EPS $(1.30) on $486M revenue; FY2022 guidance $2.0-2.1B, EPS $1.25-$1.75
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- Q4 revenue $486M (-8% YoY); full-year $2.0B.
- Q4 GAAP net loss $59M ($1.30 loss per share); non-GAAP EPS $0.75.
- Record backlog $4.0B; Q4 bookings $1.1B (book-to-bill 2.2x).
- FY2022 guidance: revenue $2.0-2.1B, non-GAAP diluted EPS $1.25-$1.75.
- Semiconductor shortages hit Q4, expected through H1 2022; sold gas device assets to Dresser, closed Feb 28.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/780571/000115752322000268/0001157523-22-000268-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/780571/000115752322000268/a52586097.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000268

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