Itron

Itron presented at the Oppenheimer conference its shift from meter manufacturer to platform provider for grid‑edge intelligence, software, networks and services. The company reports 18 million installed decentralized endpoints (+20%), nearly 28 million licensed applications (+50%) and a record pipeline, but emphasizes that regulatory hurdles and federal decision‑making structures can delay implementation. Average selling prices for DI‑capable endpoints rose to $120–140; a balance sheet with $745 million in cash and $1.5 billion in liquidity secures room for investments and M&A. Itron continues to expect strong ARR growth but sees limited near‑term revenue impact from new orders due to long implementation timelines. » More on de.investing.com

Itron is focusing on grid-edge technologies, ultrasonic metering and cloud analytics to make energy and water networks more efficient and reduce water losses. The company leads the "Scientific & Technical Instruments" industry and reports an order backlog of $4.4 billion as well as a record gross margin. The technologies are intended to lower greenhouse gas emissions and provide users with AI-driven forecasts. » More on finanzen.net

Itron reported, despite slightly lower revenues of $563 million, a significantly better-than-expected result and achieved a record gross margin of 41.4%. The order backlog stands at $4.4 billion and signals strong demand from utilities. Management raised the forecast for adjusted earnings per share for 2026 thanks to efficient operational progress, modernization of power grids and a growing software business. » More on finanzen.net

Itron is supplying 100,000 Intelis wSource digital water meters to Watercare as part of a plan to connect nearly 500,000 smart meters across Auckland. The meters will use an NB‑IoT network to deliver frequent consumption data to improve leak detection, billing accuracy and asset visibility. Itron says the devices are designed for 15 years of low‑maintenance operation in marine environments, supporting long‑duration deployments for utility customers. » More on finance.yahoo.com

Itron expands its strategic collaboration with Hunter Water by formalizing a Digital Metering Pilot Program that deploys Itron Intelis wSource NB‑IoT ultrasonic water meters and manages data via its Temetra cloud MDM to reduce non‑revenue water and improve network management. Roth Capital kept a Buy rating after Itron’s Q1 results but cut the price target from $150 to $136, citing near‑term revenue headwinds from regulatory issues and project timelines while expecting long‑term benefits from an asset‑light shift. » More on finance.yahoo.com