April 27, 2013 in Business

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.

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