---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-22-001034"
form_type: "8-K"
ticker: "ITRI"
cik: "0000780571"
company_name: "ITRON, INC."
filed_at: "2022-08-04T23:59:59+00:00"
generated_at: "2026-06-24T04:38:17.927565+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Itron Q2 revenue down 12%; guides FY 2022 revenue and EPS well below prior outlook

## Summary
- Revenue $432M (-12% YoY); GAAP net loss $37M ($0.82 loss per share) vs $33M loss year ago.
- Non-GAAP EPS $0.07 vs $0.28; Adjusted EBITDA $17M vs $36M.
- Total backlog record $4.1B (up from $3.5B); bookings $612M in quarter.
- FY 2022 guidance: revenue $1.85-1.9B (down from $2.0-2.1B), non-GAAP EPS $0.70-0.90 (down from $1.25-1.75).
- Goodwill impairment of $38.5M in Device Solutions segment; supply constraints and inflation cited.

## SEC filing metadata
- accession: 0001157523-22-001034
- form_type: 8-K
- ticker: ITRI
- cik: 0000780571
- company_name: ITRON, INC.
- filed_at: 2022-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/780571/000115752322001034/0001157523-22-001034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/780571/000115752322001034/a52801276.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-22-001034
- JSON: https://secwatch.observer/filing/0001157523-22-001034.json
- Plain text: https://secwatch.observer/filing/0001157523-22-001034.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.