Itron upgraded at JPM after mixed guidance but encouraging margin trajectory

21 hours ago 1
High Voltage Electric Power Lines At Sunset

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Itron (NASDAQ:ITRI) -7.2% in Thursday's trading after reporting better than expected Q2 adjusted earnings while issuing above-consensus guidance for Q3 and FY 2025 earnings but below consensus for Q3 and full-year revenues.

Shares are lower as revenue guidance was lowered

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