secwatch.observer — SEC 8-K summary
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Issuer:     ITRON, INC. (ITRI)
CIK:        0000780571
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001171843-24-004328
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Itron Q2 2024 revenue $609M (+13% YoY), GAAP EPS $1.10, raises FY 2024 guidance
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- Revenue $609M (+13% YoY); gross margin 34.6% (+250 bps).
- GAAP diluted EPS $1.10 vs $0.53 YoY; Non-GAAP diluted EPS $1.21 vs $0.65.
- Networked Solutions and Outcomes segments posted record revenue.
- FY 2024 revenue guidance raised to $2.385-2.415B from $2.275-2.375B; Non-GAAP EPS $4.45-4.65 from $3.40-3.80.
- Free cash flow $45M vs $36M YoY; backlog $4.1B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/780571/000117184324004328/0001171843-24-004328-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/780571/000117184324004328/f8k_073124.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-004328

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