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Stories tagged: itron


Itron reports lower 2Q earnings

Itron Inc. reported lower second quarter income on Monday, partly because of costs associated with the purchase of competitor Silver Springs Network, officials said.


UPDATED: Wed., June 6, 2018, 5:04 p.m.

Liberty Lake’s Itron to unveil smart water meter

Itron Inc. has developed a water meter that provides two-way communication about water use to utilities and individual customers.


UPDATED: Mon., May 21, 2018, 5 p.m.

Avista announces plan for $165 million smart meter rollout in Washington

Avista’s Washington customers will get smart meters over the next two years, enabling customers to track their energy use within a 24-hour period and helping the utility respond more quickly …


Itron reports revenue growth, costs associated with buying competitor

Itron Inc. lost $145.7 million during the first quarter, which company officials attributed to one-time acquisition and restructuring costs.


UPDATED: Thu., March 1, 2018, 9:56 a.m.

Itron reports $57 million in income, anticipates revenue growth for 2018

Liberty Lake-based Itron Inc. reported $57.3 million in income last year, despite a $30 million charge associated with federal tax reform.


UPDATED: Fri., Feb. 9, 2018, 7:33 a.m.

Testifying before Senate committee, heads of NW energy companies say region major player in future of energy

Philip Mezey, president and CEO of Liberty Lake-based energy and resource management giant Itron, spoke before a full committee hearing on energy infrastructure Thursday.


UPDATED: Fri., Jan. 5, 2018, 3:44 p.m.

Itron finalizes purchase of Silver Spring Networks for $830 million

Itron Inc. has finalized the $830 million purchase of competitor Silver Spring Networks, of San Jose, California, company officials announced Friday.


Silver Spring Networks stockholders approve merger with Itron

Stockholders of a San Jose, California-based smart utility company have approved its merger with Itron Inc., of Liberty Lake.


Spokane takes step to become a ‘Smart City’ research center

A local public-private-university collaboration called Urbanova is using street lamps to shed light air pollution.


Liberty Lake-based Itron reports improved 3Q results

Liberty Lake-based Itron Inc., which sells products and services for water and energy utilities worldwide, reported improved third-quarter results Thursday.


UPDATED: Wed., Sept. 20, 2017, 3:14 p.m.

Itron to purchase San Jose company for $830 million

Itron will pay $830 million to buy Silver Spring Networks of San Jose, California. The sale will accelerate Itron’s growth in smart utility and smart city technology, officials said.


Itron buys Georgia-based Comverge in $100 million deal

Itron has finalized its purchase of Peak Holding Corp. for $100 million, company officials announced Thursday.


UPDATED: Mon., May 8, 2017, 6:11 p.m.

Itron acquires Georgia-based energy services company in $100 million cash deal

Liberty Lake-based Itron Inc. has acquired a privately held company that provides software, hardware and services to electric utilities implementing demand response and energy efficiency programs. The cash transaction is …


UPDATED: Tue., Feb. 28, 2017, 7:27 p.m.

Itron reports 2016 performance, announces stock buyback

Liberty Lake-based Itron, Inc. made a profit of nearly $32 million in 2016, the company said Tuesday.


Hecla leads local stocks with strong price gain in 2016

2016 is ending on a strong note for 10 local, publicly traded companies. Led by Hecla Mining Co., their share prices are up an average of 46 percent.


Avista plans advanced metering roll-out in 2017

Avista Corp. will begin rolling out advanced metering to its Washington customers next year, which will help the Spokane-based utility to better track outages and allow customers to see their …


Inland Power to upgrade meters

Monitoring electricity use will be faster and easier for Inland Power and Light and its members after the Spokane-based utility upgrades all 39,000 meters across its service area next year. …


Itron earnings report

For 10-31-2013


Itron cutting 750 jobs

Liberty Lake-based Itron Inc. announced Thursday it will lay off 9 percent of its workforce, or roughly 750 people. That group includes both regular workers and contractors.


Itron to cut 750 jobs worldwide

Liberty Lake energy and water meter provider Itron Inc. announced Thursday it will lay off 9 percent of its workforce, or roughly 750 people. A filing with the Securities and …


Itron Inc.

For 08-02-2013


Itronix era ends not with a bang but a whimper

Itronix, a homegrown Spokane company that designed computers capable of surviving a 10-foot drop onto a concrete floor, didn’t survive its final challenge – being gobbled up by General Dynamics …


Itron hosts high-wire team-building exercise

Two women who had just met soon found themselves 25 feet off the ground, gripping each other as if their lives depended on it. Their safety was in good hands, …


Area companies beat S&P, Russell

Inland Northwest companies had a strong quarter from July through September. The Hart Capital Inland Northwest Index grew 14.3 percent in the third quarter. That’s dramatically better than the S&P …


Connecting with compassion

On Oct. 19, 2008, at 6 in the morning, the answering machine in Jack McPeck’s bedroom awakened him and his wife, Bonnie, with this ominous message: “I’m a police chaplain, …


Earnings: Itron Inc. reports 4Q, fiscal year losses

For 02-16-2012


Itron CEO says its losses eclipsed by record revenue

Liberty Lake-based Itron Inc. Wednesday reported a fourth-quarter net loss of $54.6 million and a fiscal 2011 loss of $510.2 million, compared with 2010’s fourth-quarter profit of $26.6 million and …


Servatron to move this spring

After a sluggish 2010 and 2011, Spokane Valley contract manufacturing firm Servatron Inc. hopes to boost annual sales to the $30 million mark, in part by moving to a newer …


Itron to close six sites, cut jobs

Liberty Lake-based Itron Inc. is undertaking a broad restructuring, cutting about 7.5 percent of its global workforce and shutting six manufacturing sites, the company said Wednesday. Most of the planned …


Itron Inc. Liberty Lake provider of utility meters and services

For 10-27-2011