secwatch.observer — SEC 8-K summary
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Issuer:     ITRON, INC. (ITRI)
CIK:        0000780571
Form:       8-K
Filed at:   2025-05-01T23:59:59+00:00
Accession:  0001171843-25-002671
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Itron Q1 2025: Revenue $607M (+1%), GAAP EPS $1.42 (+$0.30), Non-GAAP EPS $1.52 (+$0.28), backlog $4.7B
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- Revenue $607M (+1% YoY); gross margin 35.8% (+180 bps) on favorable product mix.
- GAAP net income $65M, diluted EPS $1.42 (vs $1.12); Non-GAAP EPS $1.52 (vs $1.24).
- Adjusted EBITDA $88M (+15%); free cash flow $67M, up from $34M.
- Backlog $4.7B (+$0.4B YoY); Outcomes revenue +14%, Device Solutions flat.
- Q2 2025 outlook: revenue $605-615M, non-GAAP diluted EPS $1.30-1.40.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/780571/000117184325002671/0001171843-25-002671-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/780571/000117184325002671/f8k_050125.htm
  HTML page:      https://secwatch.observer/filing/0001171843-25-002671

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