ITRON, INC. shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the 2026 fiscal year at the 2026-05-07 meeting.
“Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the 2026 fiscal year. VOTES FOR VOTES AGAINST ABSTENTIONS 39,470,297 1,303,815 15,522”
Shareholder Votes
ITRON, INC. shareholders approved Approval of the advisory (non-binding) resolution relating to executive compensation at the 2026-05-07 meeting.
“Approval of the advisory (non-binding) resolution relating to executive compensation. VOTES FOR VOTES AGAINST ABSTENTIONS BROKER NON-VOTES 34,659,055 3,985,830 117,442 2,027,307”
Shareholder Votes
ITRON, INC. shareholders approved Election of Directors at the 2026-05-07 meeting.
“The following nominees for Director were elected until their successors are duly elected and qualified: NOMINEE VOTES FOR VOTES AGAINST ABSTENTIONS BROKER NON-VOTES Scott D. Drury 37,279,376 1,351,972 130,979 2,027,307 Sheri L. Savage 38,588,613 161,669 12,045 2,027,307 Frank M. Jaehnert 32,317,403 6,311,124 133,800 2,027,307 Jerome J. Lande 37,192,890 1,557,229 12,208 2,027,307 Sanjay Mirchandani 37,394,908 1,355,370 12,049 2,027,307”
Earnings Releases
ITRON, INC. reported first quarter ended March 31, 2026 results: revenue $587 million, net income $53 million, EPS $1.18.
“water, announced today financial results for its first quarter ended March 31, 2026. Key results for the quarter include (compared with the first quarter of 2025): Revenue of $587 million, decreased 3%; GAAP net income attributable to Itron, Inc. of $53 million, decreased $12 million; GAAP diluted earnings per share of $1.18, decreased $0.24 per share; Non-GAAP”
Debt Financings
ITRON, INC. incurred convertible notes of $700.0 million principal amount with J.P. Morgan Securities LLC at 0.00% maturing March 15, 2032.
“On February 23, 2026, Itron, Inc. (the “Company”) entered into a purchase agreement (the “Purchase Agreement”) with J.P. Morgan Securities LLC, as representative of the several initial purchasers named therein (collectively, the “Initial Purchasers”), to issue and sell $700.0 million principal amount of its 0.00% Convertible Senior Notes due 2032 (the “Firm Notes”)”
Material Agreements
ITRON, INC. entered into Indenture with U.S. Bank Trust Company, National Association, as trustee (effective 2026-02-26).
“On February 26, 2026, the Company entered into an indenture with U.S. Bank Trust Company, National Association, as trustee, relating to the issuance by the Company of the Notes (the “Indenture”).”
Material Agreements
ITRON, INC. entered into Purchase Agreement with J.P. Morgan Securities LLC, as representative of the several initial purchasers valued at $700.0 million principal amount of its 0.00% Convertible Senior Notes due 2032 (effective 2026-02-23).
“On February 23, 2026, Itron, Inc. (the “Company”) entered into a purchase agreement (the “Purchase Agreement”) with J.P. Morgan Securities LLC, as representative of the several initial purchasers named therein (collectively, the “Initial Purchasers”), to issue and sell $700.0 million principal amount of its 0.00% Convertible Senior Notes due 2032 (the “Firm Notes”)”
Debt Financings
ITRON, INC. incurred revolving credit of $750 million at SOFR plus 175.0 bps maturing September 25, 2030.
“Company) entered into a third amended and restated credit agreement (the Credit Agreement) providing for committed credit facilities (the Credit Facilities) in the amount of $750 million. The Credit Agreement consists of a multi-currency revolving line of credit (the Revolver) in the amount of $750 million. The Revolver includes a standby letter of credit”
Governance Changes
ITRON, INC.: Increase authorized common shares from 75,000,000 to 150,000,000; remove designation of Series R Preferred Stock; update registered agent name/address; add indemnification provisions for directors and officers (effective 2025-05-08).
“Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. As disclosed in Item 5.07 (below), on May 8, 2025, the shareholders of Itron, Inc. (the Company) approved amendments (the Amendments) to the Company's Amended and Restated Articles of Incorporation (the Articles), effective immediately and, as follows: • Increasing the authorized shares of common stock from 75,000,000 to 150,000,000 (Article 2) • Removing language from the Articles relating to the designation of rights and preferences of Series R Participating Cumulative Preferred Stock, of which no shares are outstanding, and the designation is no longer needed (Article 2) • Amending the Articles to update the name and address of the registered agent (Article 3) • Including indemnification provisions providing that the Company will indemnify directors and officers to the fullest extent permitted by law (Article 9)”
Mary C. Hemmingsen departed as Director at ITRON, INC..
“On February 19, 2025, Mary C. Hemmingsen, a member of the Board and a member of the Audit/Finance Committee, advised the Company that owing to her significant work and board load as partner at Moneta Securities and her audit chair role for four companies, she will not stand for re-election to the Board at the Company's 2025 Annual Meeting of Shareholders.”
Lynda L. Ziegler departed as Director at ITRON, INC..
“On February 19, 2025, Lynda L. Ziegler, a member of the Board of Directors (the Board) of Itron, Inc. (the Company), the chair of the Nominating and Corporate Governance Committee, and a member of the Compensation Committee, notified the Company that she will retire when her term ends and, therefore, not stand for re-election to the Board at the Company’s 2025 Annual Meeting of Shareholders.”
David M. Wright was appointed as Vice President, Corporate Controller & Chief Accounting Officer at ITRON, INC..
“On September 19, 2024, the Board of Directors of Itron, Inc. (Itron or the Company) approved the appointment of David M. Wright, 54, as the Company’s Vice President, Corporate Controller & Chief Accounting Officer.”
Shareholder Votes
ITRON, INC. shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the 2024 fiscal year at the 2024-05-09 meeting.
“Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the 2024 fiscal year. VOTES FOR VOTES AGAINST ABSTENTIONS 42,371,091 560,038 76,157”
Shareholder Votes
ITRON, INC. shareholders approved Approval of the amendment of the Itron, Inc. Third Amended and Restated 2010 Stock Incentive Plan at the 2024-05-09 meeting.
“Approval of the amendment of the Itron, Inc. Third Amended and Restated 2010 Stock Incentive Plan. VOTES FOR VOTES AGAINST ABSTENTIONS BROKER NON-VOTES 38,340,896 2,140,280 85,813 2,440,297”
Shareholder Votes
ITRON, INC. shareholders approved Approval of the advisory (non-binding) resolution relating to executive compensation at the 2024-05-09 meeting.
“Approval of the advisory (non-binding) resolution relating to executive compensation. VOTES FOR VOTES AGAINST ABSTENTIONS BROKER NON-VOTES 37,983,013 1,911,886 672,090 2,440,297”
Shareholder Votes
ITRON, INC. shareholders approved Election of Sanjay Mirchandani as Class 1 Director at the 2024-05-09 meeting.
“The following nominees for Director were elected until their successors are duly elected and qualified: NOMINEE VOTES FOR VOTES AGAINST ABSTENTIONS BROKER NON-VOTES Sanjay Mirchandani 40,385,780 97,466 83,743 2,440,297”
Earnings Releases
ITRON, INC. reported the second quarter of 2024 results: revenue $595 and $605 million, EPS $0.90 and $1.00. Guidance initiated.
“Revenue between $595 and $605 million Non-GAAP diluted EPS between $0.90 and $1.00”
Earnings Releases
ITRON, INC. reported the three months ended March 31, 2024 results: revenue $603 million, net income $52 million, EPS $1.12 per diluted share. Guidance reaffirmed.
“water, announced today financial results for its first quarter ended March 31, 2024. Key results for the quarter include (compared with the first quarter of 2023): Revenue of $603 million, increased 22%; Gross profit of $205 million, increased 31%; GAAP net income attributable to Itron, Inc. of $52 million, increased $64 million; GAAP diluted earnings per share of”
Earnings Releases
ITRON, INC. reported full year 2024 results: revenue $2.275 to $2.375 billion, EPS $3.40 to $3.80. Guidance initiated.
“Full year 2024 financial guidance: • Revenue between $2.275 to $2.375 billion • Non-GAAP diluted EPS between $3.40 to $3.80”
Earnings Releases
ITRON, INC. reported first quarter 2024 results: revenue $575 to $585 million, EPS $0.80 to $0.90. Guidance initiated.
“First quarter 2024 financial outlook: • Revenue between $575 and $585 million • Non-GAAP diluted EPS between $0.80 and $0.90”
Earnings Releases
ITRON, INC. reported year ended December 31, 2023 results: revenue $2.2 billion, net income $97 million, EPS $2.11.
“• Revenue of $577 million and $2.2 billion, increased 23% and 21%; • Gross profit of $196 million and $714 million, increased 39% and 37%; • GAAP net income attributable to Itron, Inc. of $44 million and $97 million, increased $22 million and $107 million; • GAAP diluted earnings per share of $0.96 and $2.11, increased $0.47 and $2.33; • Non-GAAP diluted EPS of $1.23 and $3.36, increased $0.52 and $2.23; • Adjusted EBITDA of $68 million and $226 million, increased 99% and 137%; and • Free cash flow of $39 million and $98 million, increased $57 million and $93 million”
Earnings Releases
ITRON, INC. reported three months ended December 31, 2023 results: revenue $577 million, net income $44 million, EPS $0.96.
“• Revenue of $577 million and $2.2 billion, increased 23% and 21%; • Gross profit of $196 million and $714 million, increased 39% and 37%; • GAAP net income attributable to Itron, Inc. of $44 million and $97 million, increased $22 million and $107 million; • GAAP diluted earnings per share of $0.96 and $2.11, increased $0.47 and $2.33; • Non-GAAP diluted EPS of $1.23 and $3.36, increased $0.52 and $2.23; • Adjusted EBITDA of $68 million and $226 million, increased 99% and 137%; and • Free cash flow of $39 million and $98 million, increased $57 million and $93 million”
Earnings Releases
ITRON, INC. reported the three and nine months ended September 30, 2023 results: revenue $561 million, net income $40 million, EPS $0.87 per diluted share. Guidance raised.
“Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced today financial results for its third quarter ended September 30, 2023. Key results for the quarter include (compared with the third quarter of 2022): Revenue of $561 million, increased 33%”
Debt Financings
ITRON, INC. amended credit facility of $500 million with Wells Fargo Bank, National Association at SOFR plus 175 bps to SOFR plus 250 bps maturing October 18, 2026.
“fees and commissions for such transactions. The borrowing capacity under the multi-currency revolving line of credit within the Credit Agreement continues in the amount of $500 million. The foregoing description of the Amendment is qualified in its entirety by reference to the Amendment, a copy of which is attached as Exhibit 10.1 hereto and incorporated”
Material Agreements
ITRON, INC. amended Amendment No. 7 to Credit Agreement with Wells Fargo Bank, National Association valued at extended maturity date to October 18, 2026; borrowing capacity of $500 million (effective 2023-10-13).
“On October 13, 2023, Itron, Inc. (Itron) entered into Amendment No. 7 to Credit Agreement (the Amendment), which amends Itron's Second Amended and Restated Credit Agreement, dated as of January 5, 2018 (as amended, the Credit Agreement), among Itron, as borrower, the lenders from time to time thereto and Wells Fargo Bank, National Association, as administrative agent (the Administrative Agent).”
Earnings Releases
ITRON, INC. reported the full year 2023 results: revenue between $2.11 to $2.14 billion, EPS between $2.03 to $2.28. Guidance raised.
“Itron's guidance for the full year 2023 has been updated as follows: Revenue between $2.11 to $2.14 billion vs. previous guidance of $1.85 to $1.95 billion Non-GAAP diluted EPS between $2.03 to $2.28 vs. previous guidance of $0.70 to $1.10”
Earnings Releases
ITRON, INC. reported the third quarter of 2023 results: revenue between $535 and $545 million, EPS between $0.44 and $0.56. Guidance initiated.
“Outlook for the third quarter of 2023 is as follows: Revenue between $535 and $545 million Non-GAAP diluted EPS between $0.44 and $0.56”
Earnings Releases
ITRON, INC. reported the second quarter ended June 30, 2023 results: revenue $541 million, net income $24 million, EPS $0.53.
“Revenue of $541 million, increased 25%; Gross profit of $174 million, increased 38%; GAAP net income of $24 million, increased $61 million; GAAP diluted earnings per share of $0.53, increased $1.35 per share; Non-GAAP diluted EPS of $0.65, increased $0.58 per share”
Sanjay Mirchandani was appointed as Director at ITRON, INC..
“Effective July 18, 2023, the Board of Directors (the Board) of Itron, Inc. (the Company) appointed Sanjay Mirchandani as a new director of the Board, effective immediately.”
Shareholder Votes
ITRON, INC. shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the 2023 fiscal year. at the 2023-05-11 meeting.
“Proposal Five: Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the 2023 fiscal year. VOTES FOR VOTES AGAINST ABSTENTIONS 42,386,065 1,086,990 9,956”
Shareholder Votes
ITRON, INC. shareholders approved Approval of the amendment of the Itron, Inc. 2012 Employee Stock Purchase Plan. at the 2023-05-11 meeting.
“Proposal Four: Approval of the amendment of the Itron, Inc. 2012 Employee Stock Purchase Plan. VOTES FOR VOTES AGAINST ABSTENTIONS BROKER NON-VOTES 41,378,226 323,266 4,483 1,777,036”
Shareholder Votes
ITRON, INC. shareholders approved Approval of the advisory vote on frequency of future advisory votes on executive compensation. at the 2023-05-11 meeting.
“Proposal Three: Approval of the advisory vote on frequency of future advisory votes on executive compensation. 1 YEAR 2 YEARS 3 YEARS ABSTENTIONS BROKER NON-VOTES 39,410,367 5,488 2,280,672 9,448 1,777,036”
Shareholder Votes
ITRON, INC. shareholders approved Approval of the advisory (non-binding) resolution relating to executive compensation. at the 2023-05-11 meeting.
“Proposal Two: Approval of the advisory (non-binding) resolution relating to executive compensation. VOTES FOR VOTES AGAINST ABSTENTIONS BROKER NON-VOTES 38,166,872 3,478,063 61,040 1,777,036”
Shareholder Votes
ITRON, INC. shareholders approved Election of Directors at the 2023-05-11 meeting.
“Proposal One: The following nominees for Director were elected until their successors are duly elected and qualified: NOMINEE VOTES FOR VOTES AGAINST ABSTENTIONS BROKER NON-VOTES Mary C. Hemmingsen 41,471,513 224,784 9,678 1,777,036 Jerome J. Lande 41,346,163 345,005 14,807 1,777,036 Frank M. Jaehnert 37,763,271 3,927,744 14,960 1,777,036 Mary C. Hemmingsen was elected to hold office in Class 3 for a term of two years until the Company’s 2025 Annual Meeting. Jerome J. Lande and Frank M. Jaehnert were elected to hold office in Class 1 for a term of three years until the Company's 2026 Annual Meeting. All independent Directors, except for the Board Chair, serve on at least one committee. For further information regarding the composition of such committees, refer to Itron's investor relations website, at https://investors.itron.com/corporate-governance/committee-composition.”
Earnings Releases
ITRON, INC. reported second quarter of 2023 results: revenue $510 and $525 million, EPS $0.25 and $0.35. Guidance initiated.
“Outlook for the second quarter of 2023 is as follows: Revenue between $510 and $525 million Non-GAAP diluted EPS between $0.25 and $0.35”
Earnings Releases
ITRON, INC. reported first quarter ended Mar. 31, 2023 results: revenue $495 million, net income $12 million, EPS $0.26.
“announced today financial results for its first quarter ended Mar. 31, 2023. Key results for the quarter include (compared with the first quarter of 2022): Revenue of $495 million, increased 4%; Gross profit of $156 million, increased 16%; GAAP net loss of $12 million, a decrease of $13 million; GAAP loss per share of $0.26, a decrease of $0.28 per share; Non-GAAP diluted EPS of $0.49, increased $0.38 per share;”
Michel C. Cadieux retired as Senior Vice President, Human Resources at ITRON, INC..
“On April 13, 2023, Michel C. Cadieux, Senior Vice President, Human Resources, notified Itron, Inc. (the Company) he will retire from the Company in the second half of 2023.”
Material Agreements
ITRON, INC. amended Amendment No. 6 to Credit Agreement with Wells Fargo Bank, National Association, as administrative agent valued at $40 million (effective 2023-02-21).
“On February 21, 2023, Itron, Inc. (Itron) entered into Amendment No. 6 to Credit Agreement (the Amendment), which amends Iton's Second Amended and Restated Credit Agreement, dated as of January 5, 2018 (as amended, the Credit Agreement), among Itron, as borrower, the lenders from time to time thereto and Wells Fargo Bank, National Association, as administrative agent (the Administrative Agent).”
Earnings Releases
ITRON, INC. reported full year 2023 results: revenue between $1.85 and $1.95 billion, EPS between $0.70 and $1.10. Guidance initiated.
“Itron’s guidance for the full year 2023 is as follows: Revenue between $1.85 and $1.95 billion Non-GAAP diluted EPS between $0.70 and $1.10”
Earnings Releases
ITRON, INC. reported full year ended December 31, 2022 results: revenue $1.8 billion, net income $(10) million, EPS $(0.22).
“Itron, Inc. (NASDAQ:ITRI), which is innovating the way utilities and cities manage energy and water, announced today financial results for its fourth quarter and full year ended Dec. 31, 2022. Highlights for the quarter and full year include: Quarterly and full year revenue of $467 million and $1.8 billion; Quarterly and full year gross margin of 30.1% and 29.1%; Quarterly GAAP net income of $22 million and a full year loss of $(10) million; Quarterly GAAP diluted earnings per share of $0.49 and a full year loss per share of $(0.22);”
Earnings Releases
ITRON, INC. reported fourth quarter ended December 31, 2022 results: revenue $467 million, net income $22 million, EPS $0.49.
“Itron, Inc. (NASDAQ:ITRI), which is innovating the way utilities and cities manage energy and water, announced today financial results for its fourth quarter and full year ended Dec. 31, 2022. Highlights for the quarter and full year include: Quarterly and full year revenue of $467 million and $1.8 billion; Quarterly and full year gross margin of 30.1% and 29.1%; Quarterly GAAP net income of $22 million and a full year loss of $(10) million; Quarterly GAAP diluted earnings per share of $0.49 and a full year loss per share of $(0.22);”
Earnings Releases
ITRON, INC. reported financial results for three and nine months ended September 30, 2022.
“On November 3, 2022 , Itron, Inc. issued a press release announcing its financial results for the three and nine months ended September 30, 2022 .”
Mary C. Hemmingsen was appointed as director at ITRON, INC..
“Effective October 7, 2022, the Board of Directors (the Board) of Itron, Inc. (the Company) appointed Mary C. Hemmingsen as a new director of the Board, effective immediately.”
Sarah E. Hlavinka resigned as Senior Vice President, General Counsel and Corporate Secretary at ITRON, INC..
“On March 4, 2022, Sarah E. Hlavinka, Senior Vice President, General Counsel and Corporate Secretary, notified Itron, Inc. (the Company) she will resign from her position at the Company, effective March 31, 2022.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.