ITI - Earnings announcements

Record trailing six-month net bookings of $102.1 million and record ending backlog of $126.8 million Iteris, Inc. (NASDAQ:ITI), the global leader in smart mobility infrastructure management, today reported financial results for its fiscal first quarter ended June 30, 2024. Fiscal 2025 First Quarter Financial Highlights Revenues of $45.8 million, up 5.1% year over year compared to an unusually strong prior year period Net new bookings of $48.8 million, resulting in record trailing six months net new bookings of $102.1 million Record Backlog of $126.8 million as of March 31, 2024, up 2.4% year over year Gross profit of $17.3 million, or 37.9% of revenue, compared to $16.8 mill

Iteris, Inc. (NASDAQ:ITI), the world's trusted technology ecosystem for smart mobility infrastructure management, today announced that it will conduct a conference call on Thursday, August 8th at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal first quarter ended June 30, 2024. The financial results will be issued in a press release prior to the call. Iteris president and CEO Joe Bergera and CFO Kerry Shiba will host the call, followed by a question and answer period. Date: Thursday, August 8, 2024 Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time) Toll-free dial-in number: +1 800-715-9871 International dial-in number: +1 646-307-1963 P

Reports record net new bookings of $53.3 million for fiscal 2024 fourth quarter, up 20% year over year Iteris, Inc. (NASDAQ:ITI), the global leader in smart mobility infrastructure management, today reported financial results for its fiscal fourth quarter and full year ended March 31, 2024. Fiscal 2024 Fourth Quarter Financial Highlights Revenues of $42.8 million, up 1% compared to an unusually strong prior year period Gross margins of 37.4%, up 558 basis points year over year Record net new bookings of $53.3 million, up 20% year over year Backlog of $123.8 million as of March 31, 2024, up 8% year over year GAAP net income of $0.1 million, or $0.00 per diluted share, a $0

Iteris, Inc. (NASDAQ:ITI), the world's trusted technology ecosystem for smart mobility infrastructure management, today announced that it will conduct a conference call on Thursday, June 13th at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal fourth quarter and full year ended March 31, 2024. The financial results will be issued in a press release prior to the call. Iteris president and CEO Joe Bergera and CFO Kerry Shiba will host the call, followed by a question and answer period. Date: Thursday, June 13, 2024 Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time) Toll-free dial-in number: +1 888-506-0062 International dial-in number: +1

Nine-Month Adjusted EBITDA of $10.0 million, an $18.1 million improvement from the prior year period Iteris, Inc. (NASDAQ:ITI), the global leader in smart mobility infrastructure management, today reported financial results for its fiscal 2024 third quarter ended December 31, 2023. Fiscal 2024 Third Quarter Financial and Business Highlights Revenue of $42.1 million, up 4% year over year compared to an unusually strong prior year period Gross margins of 36.9%, up 780 basis points year over year GAAP net income of $0.4 million, or $0.01 per share, a $2.4 million, or $0.06 per share improvement from the prior year Adjusted EBITDA of $3.1 million, equivalent to $0.07 per share,

Iteris, Inc. (NASDAQ:ITI), the world's trusted technology ecosystem for smart mobility infrastructure management, today announced that it will conduct a conference call on Thursday, February 8th at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal third quarter ended December 31, 2023. The financial results will be issued in a press release prior to the call. Iteris president and CEO Joe Bergera and CFO Kerry Shiba will host the call, followed by a question and answer period. Date: Thursday, February 8, 2024 Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time) Toll-free dial-in number: +1 888-506-0062 International dial-in number: +1 973-52

Adjusted EBITDA of $2.9 million, representing an $8.1 million improvement year over year Iteris, Inc. (NASDAQ:ITI), the global leader in smart mobility infrastructure management, today reported financial results for its fiscal 2024 second quarter ended September 30, 2023. Fiscal 2024 Second Quarter Financial Highlights Record revenue of $43.6 million, up 11% year over year Gross margins of 37.3%, up 2,060 basis points year over year due to successful supply chain improvement plan GAAP net income of $0.6 million, or $0.01 per share, a $7.9 million, or $0.18 per share improvement from the prior year Adjusted EBITDA of $2.9 million, an $8.1 million improvement, consistent with

Iteris, Inc. (NASDAQ:ITI), the world's trusted technology ecosystem for smart mobility infrastructure management, today announced that it will conduct a conference call on Thursday, November 9 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal second quarter ended September 30, 2023. The financial results will be issued in a press release prior to the call. Iteris president and CEO Joe Bergera and CFO Kerry Shiba will host the call, followed by a question and answer period. Date: Thursday, November 9, 2023 Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time) Toll-free dial-in number: +1 877-545-0523 International dial-in number: +1 973-52

Record adjusted EBITDA of $3.7 million, representing a $6.1 million improvement year over year Iteris, Inc. (NASDAQ:ITI), the global leader in smart mobility infrastructure management, today reported financial results for its fiscal 2024 first quarter, which ended June 30, 2023. Fiscal 2024 First Quarter Financial Highlights Record revenue of $43.5 million, up 29% year over year Gross margins of 38.6%, up 840 basis points year over year and 680 basis points sequentially GAAP net income of $2.1 million, or $0.05 per share, a $7.0 million, or $0.16 per share improvement from the prior year Record adjusted EBITDA of $3.7 million, or 8.4% of revenue, a $6.1 million improvement y

Iteris, Inc. (NASDAQ:ITI), the world's trusted technology ecosystem for smart mobility infrastructure management, today announced that it will conduct a conference call on Tuesday, August 8 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal first quarter ended June 30, 2023. The financial results will be issued in a press release prior to the call. Iteris president and CEO Joe Bergera and CFO Kerry Shiba will host the call, followed by a question and answer period. Date: Tuesday, August 8, 2023 Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time) Toll-free dial-in number: +1 877-545-0523 International dial-in number: +1 973-528-0016 Parti

Reports Record Fiscal 2023 Ending Backlog of $114.2 Million, Up 14% Over Prior Year Iteris, Inc. (NASDAQ:ITI), the global leader in smart mobility infrastructure management, today reported financial results for its fiscal fourth quarter and full year ended March 31, 2023. Fiscal Fourth Quarter 2023 Financial Highlights Record revenue of $42.4 million, up 24% year over year GAAP net loss from continuing operations of $0.5 million, or $(0.01) per share, a $2.5 million or $0.06 per share improvement from the prior year due to revenue growth and gross margin improvement reflecting continued improvement in the Company's supply chain Record backlog of $114.2 million as of March 31, 2

Iteris, Inc. (NASDAQ:ITI), the world's trusted technology ecosystem for smart mobility infrastructure management, today announced that it has changed the earnings release date for its fiscal 2023 fourth quarter and full year conference call and webcast to Tuesday, June 13th at 4:30 p.m. Eastern time (1:30 p.m. Pacific time). Iteris is changing the earnings press release date and conference call date to coincide with its revised Form 10-K filing date of June 13th and allow additional time to complete its fiscal year-end closing procedures. Conference call numbers remain the same as previously communicated and are summarized below. Date: Tuesday, June 13, 2023 Time: 4:30 p.m. Eastern time

Iteris, Inc. (NASDAQ:ITI), the world's trusted technology ecosystem for smart mobility infrastructure management, today announced that it will conduct a conference call on Thursday, June 1 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal fourth quarter and full year ended March 31, 2023. The financial results will be issued in a press release prior to the call. Iteris president and CEO Joe Bergera and CFO Kerry Shiba will host the call, followed by a question and answer period. Date: Thursday, June 1, 2023 Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time) Toll-free dial-in number: +1 888-506-0062 International dial-in number: +1 973-

Achieved financial inflection point as alternative circuit boards and other supply chain management initiatives drive greater than 2,600 basis point sequential improvement in product gross margins. Iteris, Inc. (NASDAQ:ITI), the global leader in smart mobility infrastructure management, today reported financial results for its fiscal third quarter 2023, ended December 31, 2022. Fiscal 2023 Third Quarter Financial Summary Total revenue increased 27.1% year over year to a record $40.7 million Product revenue increased 44.0% year over year to $22.9 million Service revenue increased 10.5% year over year to $17.8 million GAAP net loss from continuing operations was $2.0 million, or $(0

Iteris, Inc. (NASDAQ:ITI), the world's trusted technology ecosystem for smart mobility infrastructure management, today announced that it will conduct a conference call on Thursday, February 2 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal third quarter ended December 31, 2022. The financial results will be issued in a press release prior to the call. Iteris president and CEO Joe Bergera and CFO Douglas Groves will host the call, followed by a question and answer period. Date: Thursday, February 2, 2023 Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time) Toll-free dial-in number: +1 888-506-0062 International dial-in number: +1 973-528

Raises the low-end of fiscal 2023 revenue guidance to a range of $150 million to $155 million, representing 14% year over year growth at the mid-point of the guidance range Iteris, Inc. (NASDAQ:ITI), the global leader in smart mobility infrastructure management, today reported financial results for its fiscal second quarter 2023 ended September 30, 2022. Fiscal 2023 Second Quarter Financial Summary Total revenue increased 18% year over year to a record $39.3 million Service revenue increased 19% year over year to $18.5 million with continued strong adoption of Iteris' ClearMobility® Platform Product revenue increased 17% year over year to $20.8 million despite $0.9 million in shipme

Iteris, Inc. (NASDAQ:ITI), the world's trusted technology ecosystem for smart mobility infrastructure management, today announced that it will conduct a conference call on Tuesday, November 8 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal second quarter ended September 30, 2022. The financial results will be issued in a press release prior to the call. Iteris president and CEO Joe Bergera and CFO Douglas Groves will host the call, followed by a question and answer period. Date: Tuesday, November 8, 2022 Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time) Toll-free dial-in number: +1 888-506-0062 International dial-in number: +1 973-528

Maintains fiscal 2023 revenue guidance range of $147 million to $155 million, representing 13% year over year growth at the mid-point of the guidance range Iteris, Inc. (NASDAQ:ITI), the world's trusted technology ecosystem for smart mobility infrastructure management, today reported financial results for its fiscal first quarter 2023 ended June 30, 2022. During the first quarter of fiscal 2021, the company completed the sale of its Agriculture and Weather Analytics segment to DTN, LLC. The results of the Agriculture and Weather Analytics segment are reported as discontinued operations for all periods presented in this release. Fiscal 2023 First Quarter Financial Summary Total revenue o

Iteris, Inc. (NASDAQ:ITI), the world's trusted technology ecosystem for smart mobility infrastructure management, today announced that it will conduct a conference call on Thursday, August 4 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal first quarter ended June 30, 2022. The financial results will be issued in a press release prior to the call. Iteris president and CEO Joe Bergera and CFO Douglas Groves will host the call, followed by a question and answer period. Date: Thursday, August 4, 2022 Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time) Toll-free dial-in number: +1 877-545-0320 International dial-in number: +1 973-528-0002 Pa

Estimates Fiscal Full Year 2023 Total Revenue Range of $147 Million to $155 Million Iteris, Inc. (NASDAQ:ITI), the world's trusted technology ecosystem for smart mobility infrastructure management, today reported financial results for its fiscal fourth quarter and full year ended March 31, 2022. During the fiscal first quarter of 2021, the company completed the sale of its Agriculture and Weather Analytics segment to DTN, LLC. The results of the Agriculture and Weather Analytics segment are reported as discontinued operations for all periods presented in this release. Fiscal Fourth Quarter 2022 Financial Highlights Record revenue of $34.2 million, up 8% year over year Service revenue

Iteris, Inc. (NASDAQ:ITI), the world's trusted technology ecosystem for smart mobility infrastructure management, today announced that it will conduct a conference call on Wednesday, June 1 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal fourth quarter and full year ended March 31, 2022. The financial results will be issued in a press release prior to the call. Iteris president and CEO Joe Bergera and CFO Douglas Groves will host the call, followed by a question and answer period. Date: Wednesday, June 1, 2022 Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time) Toll-free dial-in number: +1 877-317-6789 International dial-in number: +1 4

Estimates Fourth Quarter Double Digit Organic Revenue Growth and Revises Full Year Revenue Guidance to $134 Million to $136 Million, Representing 14% to 16% Growth Year Over Year Iteris, Inc. (NASDAQ:ITI), the global leader in smart mobility infrastructure management, today reported financial results for its fiscal third quarter 2022 ended December 31, 2021. During the first quarter of fiscal 2021, the company completed the sale of its Agriculture and Weather Analytics segment to DTN, LLC. The results of the Agriculture and Weather Analytics segment are reported as discontinued operations for all periods presented in this release. Fiscal Third Quarter 2022 Financial Summary Total revenu

Iteris, Inc. (NASDAQ:ITI), the global leader in smart mobility infrastructure management, today announced that it will conduct a conference call on Thursday, February 3 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal third quarter ended December 31, 2021. The financial results will be issued in a press release prior to the call. Iteris president and CEO Joe Bergera, and CFO Douglas Groves will host the call, followed by a question and answer period. Date: Thursday, February 3, 2022 Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time) Toll-free dial-in number: +1 888-220-8451 International dial-in number: +1 323-794-2588 Conference ID: 88

Iteris, Inc. (NASDAQ:ITI), the global leader in smart mobility infrastructure management, today reported financial results for its fiscal second quarter 2022 ended September 30, 2021. During the first quarter of fiscal 2021, the company completed the sale of its Agriculture and Weather Analytics segment to DTN, LLC. The results of the Agriculture and Weather Analytics segment are reported as discontinued operations for all periods presented in this release. Fiscal Second Quarter 2022 Financial Summary Total revenue of $33.2 million, up 14% year over year Record total ending backlog of $83.4 million, up 14% year over year GAAP net loss from continuing operations of $2.1 million, or $(

Iteris, Inc. (NASDAQ:ITI), the global leader in smart mobility infrastructure management, today announced that it will conduct a conference call on Wednesday, November 3 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal second quarter ended September 30, 2021. The financial results will be issued in a press release prior to the call. Iteris president and CEO Joe Bergera, and CFO Douglas Groves will host the call, followed by a question and answer period. Date: Wednesday, November 3, 2021 Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time) Toll-free dial-in number: +1 800-437-2398 International dial-in number: +1 323-289-6576 Conference ID

Significant Increases in GAAP Net Income and Adjusted EBITDA for Fiscal First Quarter Iteris, Inc. (NASDAQ:ITI), the global leader in smart mobility infrastructure management, today reported financial results for its fiscal first quarter 2022 ended June 30, 2021. During the first quarter of fiscal 2021, the company completed the sale of its Agriculture and Weather Analytics segment to DTN, LLC. The results of the Agriculture and Weather Analytics segment are reported as discontinued operations for all periods presented in this release. Fiscal First Quarter 2022 Financial Highlights Record total revenue of $34.1 million, up 22% year over year Record total ending backlog of $79.9 millio

Iteris, Inc. (NASDAQ:ITI), the global leader in smart mobility infrastructure management, today announced that it will conduct a conference call on Thursday, August 5, at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal first quarter ended June 30, 2021. The financial results will be issued in a press release prior to the call. Iteris president and CEO Joe Bergera, and CFO Douglas Groves will host the call, followed by a question and answer period. Date: Thursday, August 5, 2021 Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time) Toll-free dial-in number: +1 800-367-2403 International dial-in number: +1 334-777-6978 Conference ID: 1268914