Itron Inc.
Liberty Lake maker of utility products
Stock symbol:
ITRI |
Reporting period:
1Q 2013 |
Earnings:
$2.6 million 6 cents per share
Versus 1Q 2012: $25 million 63 cents per share |
Revenue:
$448 million Versus $572 million in 1Q 2012 |
Analysis: Company officials said it was a disappointing quarter, citing revenue declines in gas and electric meter projects. One bright spot: Total water unit revenue grew 2 percent. |