poisar

Stocks · News reference

Itron Raises Profit Outlook While Revenue Growth Remains Uneven

BenzingaAkanksha Bakshi

Itron Earnings beat estimates, but a revenue miss and softer Q3 sales outlook pushed shares lower before Wednesday’s open.

Reference Details

Connected Markets

Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.

Source
benzinga
Observed
Checked
Cadence
Captured once, then retained as an archive reference
Status
fresh

Keep reading

  1. Globenewswire IncNot Specified

    Itron Introduces IEE Cloud AI, Enabling Grid Edge Use Cases from a Trusted Data Foundation

    Itron announced the launch of IEE Cloud AI, a cloud-native evolution of its Meter Data Management platform integrated with its Intelligent Edge Operating System. The solution offers utilities AI-enabled workflows, near real-time data processing, and scalability to transform meter and grid edge data into actionable intelligence. Available globally in January 2027, it aims to reduce IT complexity and unlock greater value from advanced metering infrastructure investments.

  2. Globenewswire IncResearchandmarkets.Com

    Smart Metering in Latin America and the Caribbean - 3rd Edition Market Analysis and Forecasts to 2030

    Smart metering in Latin America and the Caribbean is experiencing significant growth, with the installed base of smart electricity meters forecast to increase from 17.3 million units in 2024 to 61.3 million units by 2030, representing a 23.5% compound annual growth rate. Brazil and Mexico are leading the market, accounting for over 65% of annual meter demand. Key drivers include grid modernization efforts, electricity theft reduction, and supportive government policies. Major utilities like Cemig, COPEL, Enel, and CPFL are expanding investments in advanced metering infrastructure.