secwatch.observer — SEC 8-K summary
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Issuer:     ITRON, INC. (ITRI)
CIK:        0000780571
Form:       8-K
Filed at:   2025-10-30T23:59:59+00:00
Accession:  0001171843-25-006801
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Itron Q3 revenue down 5% to $582M, gross margin up 360 bps; acquires Urbint for $325M
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- GAAP diluted EPS $1.41 vs $1.70 YoY; Non-GAAP diluted EPS $1.54 vs $1.84.
- Adjusted EBITDA $97M (+10%); free cash flow $113M vs $59M ahead of prior year.
- Backlog $4.3B; Q4 outlook revenue $555-565M, non-GAAP EPS $2.15-2.25.
- Full year 2025 revenue guidance updated to $2.35-2.36B, non-GAAP EPS $6.84-6.94.
- Announced acquisition of Urbint, Inc. for $325M cash, expected close Q4 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/780571/000117184325006801/0001171843-25-006801-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/780571/000117184325006801/f8k_103025.htm
  HTML page:      https://secwatch.observer/filing/0001171843-25-006801

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