secwatch.observer — SEC 8-K summary
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Issuer:     ITRON, INC. (ITRI)
CIK:        0000780571
Form:       8-K
Filed at:   2025-02-25T23:59:59+00:00
Accession:  0001171843-25-001052
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Itron Q4 revenue $613M (+6% YoY); GAAP EPS $1.26; full-year record backlog $4.7B
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- Q4 revenue $613M, up 6% YoY; GAAP net income $58M ($1.26 diluted EPS); Non-GAAP EPS $1.35.
- Full-year 2024 revenue $2.4B (+12%); GAAP net income $239M ($5.18 diluted EPS); Non-GAAP EPS $5.62.
- Adjusted EBITDA $81M in Q4 (+19%); Q4 free cash flow $70M, up $31M YoY.
- Record total backlog $4.7B; Q4 bookings $1.4B; full-year bookings $2.7B.
- Q1 2025 guidance: revenue $610-620M, non-GAAP EPS $1.25-1.35; FY2025: revenue $2.4-2.5B, non-GAAP EPS $5.20-5.60.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/780571/000117184325001052/0001171843-25-001052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/780571/000117184325001052/f8k_022425.htm
  HTML page:      https://secwatch.observer/filing/0001171843-25-001052

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