Itron Raises Full-Year Non-GAAP EPS Guidance Amid Strong Q2 Performance
Itron Inc. (NASDAQ: ITRI) has raised its full-year non-GAAP earnings per share guidance to a range of $6.30 to $6.50, citing strong performance in the second quarter of 2026. The company reported record gross margins and robust free cash flow generation during Q2, with actual earnings exceeding expectations despite revenue aligning with forecasts. CEO Thomas Deitrich highlighted that Itron's operating model is now delivering consistent results, contributing to improved financial outcomes across key metrics. This guidance update reflects the company’s confidence in its operational efficiency and market position as it continues to execute on strategic initiatives.
Tickers: $ITRI
Topics: Earnings Free Cash Flow Gross Margin