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The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

Itron Inc.

Liberty Lake-based provider of utility products and services

Stock symbol:

ITRI

Reporting period:

3Q

Earnings:

Profit of $16.4 million

19 cents per share

Versus 3Q 2013:

Loss of $6.4 million

(19 cents per share)

Revenue: $496.5 million

Nine month revenue is $1.46 billion, compared to $1.43 billion in 2013.

Analysis:

Excluding the impact from foreign currency, company revenues increased $4 million, or 1 percent for the quarter and $42 million, or 3 percent, for the nine months of 2014. The increases for the quarter and nine-month period were driven by growth in the water and gas segments, which offset a decrease in the electricity segment.