Itron Inc. (ITRI) reported a third-quarter net loss of $2.962 million compared to profit of $5.600 million last year. Loss per share was $0.07 compared to profit of $0.15 per share last year.
Non-GAAP net income decreased to $18.201 million from $29.869 million last year. Non-GAAP earnings per share was $0.45 compared to $0.81 prior year.
On average, 16 analysts polled by Thomson Reuters expected the company to report profit of $0.50 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues decreased to $408.358 million from $484.818 million a year ago. Analysts expected revenue of $418.52 million for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.