View Past PerformanceThis company has been acquiredThe company may no longer be operating, as it has been acquired. Find out why through their latest events.See Latest EventsIteris バランスシートの健全性財務の健全性 基準チェック /66Iterisの総株主資本は$70.3M 、総負債は$0.0で、負債比率は0%となります。総資産と総負債はそれぞれ$125.2Mと$55.0Mです。 Iterisの EBIT は$4.5Mで、利息カバレッジ比率-15.8です。現金および短期投資は$21.4Mです。主要情報0%負債資本比率US$0負債インタレスト・カバレッジ・レシオ-15.8x現金US$21.38mエクイティUS$70.28m負債合計US$54.95m総資産US$125.24m財務の健全性に関する最新情報お知らせ • Jun 15Iteris, Inc. announced delayed annual 10-K filingOn 06/14/2023, Iteris, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.すべての更新を表示Recent updatesお知らせ • Nov 05Iteris, Inc.(NasdaqGM:ITI) dropped from NASDAQ Transportation IndexIteris, Inc. has been dropped from the NASDAQ Transportation Index .新しいナラティブ • Sep 26ClearMobility's Innovations And Strategies Signal Robust Growth Ahead Continued ClearMobility platform adoption and new product introductions like Vantage PedSafe sensor signify potential revenue and annual recurring revenue growth.Seeking Alpha • Aug 14Iteris Is Acquired At A Little Under Fair ValueSummary Iteris was just about to turn its fortunes for the better when an acquisition offer from a private Italian company came in. Given that ITI share price has been range-bound over the years, we're not surprised management accepted the offer. Still, we feel there is money left on the table here, but it would likely have taken quite some time to get the share price at the acquisition price. So, holders will likely approve the offer, this looks like a done deal. Read the full article on Seeking AlphaNew Risk • Aug 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 5.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (5.5% average weekly change). Minor Risk Large one-off items impacting financial results.Reported Earnings • Aug 09First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: US$0.009 (down from US$0.05 in 1Q 2024). Revenue: US$45.8m (up 5.1% from 1Q 2024). Net income: US$392.0k (down 82% from 1Q 2024). Profit margin: 0.9% (down from 4.9% in 1Q 2024). Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) missed analyst estimates by 40%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 09+ 1 more updateAlmavivA S.p.A. entered into a definitive merger agreement to acquire Iteris, Inc. (NasdaqCM:ITI) for approximately $320 million.AlmavivA S.p.A. entered into a definitive merger agreement to acquire Iteris, Inc. (NasdaqCM:ITI) for approximately $320 million on August 9, 2024. Under the terms of the agreement, Iteris shareholders will receive $7.20 in cash for each share of Iteris common stock. Upon completion of the transaction, Iteris will become a privately held company, and its common stock will no longer be traded on Nasdaq. Almaviva intends to finance the transaction using committed debt financing. The transaction is subject to approval by Iteris shareholders, required regulatory approvals and other customary closing conditions. The transaction is not subject to a financing condition. The transaction was unanimously approved and will be recommended to its shareholders by the Iteris Board of Directors. The transaction is expected to close in 2024. Morgan Stanley & Co. LLC is acting as financial advisor and Latham & Watkins LLP is acting as legal counsel to Iteris. Goldman Sachs Bank Europe SE, Italian Branch is acting as financial advisor, King & Spalding LLP, Legance - Avvocati Associati and Linklaters as legal advisors, EY Advisory SpA as accounting and fiscal advisor for Almaviva.Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$4.07, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 14x in the Electronic industry in the US. Total loss to shareholders of 37% over the past three years.お知らせ • Jul 29Iteris, Inc. to Report Q1, 2025 Results on Aug 08, 2024Iteris, Inc. announced that they will report Q1, 2025 results on Aug 08, 2024分析記事 • Jul 17Returns Are Gaining Momentum At Iteris (NASDAQ:ITI)What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...New Risk • Jun 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 45% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.Reported Earnings • Jun 16Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: US$0.073 (up from US$0.35 loss in FY 2023). Revenue: US$172.0m (up 10% from FY 2023). Net income: US$3.13m (up US$18.0m from FY 2023). Profit margin: 1.8% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 30%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.お知らせ • May 31Iteris, Inc. to Report Q4, 2024 Results on Jun 13, 2024Iteris, Inc. announced that they will report Q4, 2024 results on Jun 13, 2024お知らせ • Mar 26Iteris Launches New Clearguide Signal Trends as Probe-Based Option for Improving Intersection PerformanceIteris, Inc. announced the launch of ClearGuide® Signal Trends, a new probe data-based solution for improving signal performance. Signal Trends complements Iteris’ detection and traffic analytics software by enabling agencies to enhance performance at the intersection level without the need for equipment connectivity. The solution is designed to help agencies easily identify maintenance and congestion problems at more intersections, including where they do not yet have traffic sensors or communications infrastructure. The new solution within ClearGuide provides signal performance data and visualization by region or sub-region, notifies operators of abnormal conditions promptly, eliminates the need for traffic counting studies, and helps agencies better prioritize signal retiming with a data-driven, rather than calendar-based, approach to retiming. Signal Trends leverages anonymized trajectory data from cloud-connected vehicles to identify whenand where there are signal performance issues and how they have changed over time. This enables agencies to make timely adjustments to reduce delays and improve traveler satisfaction. Signal Trends integrates seamlessly with ClearGuide Roadways, ClearGuide Safety, and ClearGuide SPM. Together these comprehensive diagnostic solutions generate reports, alerts, and recommendations to improve the safety and efficiency of traffic signals and arterials in one user interface. Only Iteris offers both probe Signal Performance Measure (SPM) and Automated Traffic Signal Performance Measure (ATSPM) solutions. ClearGuide Signal Trends is available to any agency in the United States as a standalone solution, or as a valuable addition to the existing ClearGuide solutions in use today. The ClearGuide solution is a key component of Iteris’ ClearMobility® Platform, the world’s most complete solution to continuously monitor, visualize and optimize mobility infrastructure. ClearMobility applies cloud computing, artificial intelligence, advanced sensors, advisory services and managed services to help ensure roads are safe, travel is efficient and communities thrive.Recent Insider Transactions Derivative • Mar 03President notifies of intention to sell stockJ. Bergera intends to sell 37k shares in the next 90 days after lodging an Intent To Sell Form on the 29th of February. If the sale is conducted around the recent share price of US$5.09, it would amount to US$188k. For the year to March 2017, Bergera's total compensation was 39% salary and 61% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2023, Bergera's direct individual holding has increased from 121.92k shares to 179.14k. Company insiders have collectively bought US$13k more than they sold, via options and on-market transactions, in the last 12 months.Recent Insider Transactions • Feb 23Independent Director recently bought US$50k worth of stockOn the 20th of February, Kimberly Valentine-Poska bought around 10k shares on-market at roughly US$5.02 per share. This transaction amounted to 57% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$13k more in shares than they have sold in the last 12 months.分析記事 • Feb 21Iteris' (NASDAQ:ITI) Strong Earnings Are Of Good QualityEven though Iteris, Inc.'s ( NASDAQ:ITI ) recent earnings release was robust, the market didn't seem to notice...Major Estimate Revision • Feb 15Consensus EPS estimates fall by 23%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from US$0.133 to US$0.103 per share. Revenue forecast steady at US$171.9m. Net income forecast to grow 224% next year vs 14% growth forecast for Electronic industry in the US. Consensus price target up from US$6.00 to US$6.88. Share price was steady at US$5.27 over the past week.Reported Earnings • Feb 10Third quarter 2024 earnings: EPS exceeds analyst expectationsThird quarter 2024 results: EPS: US$0.008 (up from US$0.048 loss in 3Q 2023). Revenue: US$42.1m (up 3.5% from 3Q 2023). Net income: US$355.0k (up US$2.40m from 3Q 2023). Profit margin: 0.8% (up from net loss in 3Q 2023). The move to profitability was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 33%. Revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.お知らせ • Feb 09Iteris, Inc. Provides Earnings Guidance for Fiscal Year 2024Iteris, Inc. provided earnings guidance for Fiscal Year 2024 . For the period, company is Tightening full-year total revenue guidance to a range of $171.0 million to $173.0 million, representing organic growth of 10% year over year at the mid-point, which reflects temporary customer delays largely due to current budget uncertainty and agency labor constraints.お知らせ • Jan 26Iteris, Inc. to Report Q3, 2024 Results on Feb 08, 2024Iteris, Inc. announced that they will report Q3, 2024 results at 4:00 PM, US Eastern Standard Time on Feb 08, 2024分析記事 • Dec 28Why Investors Shouldn't Be Surprised By Iteris, Inc.'s (NASDAQ:ITI) 33% Share Price SurgeThe Iteris, Inc. ( NASDAQ:ITI ) share price has done very well over the last month, posting an excellent gain of 33...お知らせ • Dec 14Iteris, Inc. Announces the Launch of Vantage CVIteris, Inc. announced the launch of Vantage CV, an integrated detection and connected vehicle (CV) system for safer intersections. This new offering combines traffic detection, cellular vehicle-to-everything (C-V2X) transportation infrastructure communications and connected vehicle safety applications into a single solution with advanced safety features, scalable design and complete intersection coverage. Vantage CV integrates traffic detection data from Iteris' Vantage Apex or Vantage Next detection systems and software to generate real-time safety alerts distributed to connected vehicles via the BlueTOAD Spectra CV roadside unit, so that drivers can be alerted to safety risks like pedestrians in the crosswalk and predicted red light runners. Because not all vehicles are currently equipped with vehicle-to-everything (V2X) technology, the Iteris system includes in-vehicle technologies that agencies can deploy quickly on selected fleet vehicles--such as school buses and maintenance vehicles--for immediate safety benefits. As part of the Vantage CV launch, Iteris has also released the next generation of BlueARGUS™?, now called VantageARGUS CV™?, an essential software component of Vantage CV providing CV data visualization, travel times, dynamic corridor analysis and other system monitoring and analytics capabilities.お知らせ • Dec 06Iteris, Inc. Introduces Multi-Level Cloud-Enabled Managed Services to Optimize Traffic DetectionIteris, Inc. announced the latest evolution of VantageCare, a comprehensive product support program that assists transportation agencies in optimizing their Iteris traffic detection technologies to manage the overall intersection. VantageCare is now offered as a cloud-enabled managed service that helps agencies maximize their traffic detection investments and ensure efficient, safe and reliable travel through intersections. Structured into three distinct plans--Standard, Maintenance Assist, and Performance Assist--the program will offer increasing levels of support and features that allow agencies of all sizes and resources to make the most out of their intersection management infrastructure. Effective immediately, all Vantage detection customers have been enrolled in the Standard plan of VantageCare, building upon Iteris' already support and making it more accessible than ever. Agencies will also have the choice to upgrade to Maintenance Assist or Performance Assist to leverage data, software, and connectivity for new, enhanced support offerings for proactive maintenance and improved operations. VantageCare is compatible with Vantage Next, Vantage Apex and VantageRadius detection systems and is a key component of Iteris' ClearMobility Platform, the most complete solution to continuously monitor, visualize and optimize mobility infrastructure to help ensure roads are safe, travel is efficient, and communities thrive. The ClearMobility Platform applies cloud computing, artificial intelligence, advanced sensors, advisory services and managed services to achieve safe, efficient and sustainable mobility.お知らせ • Nov 11+ 1 more updateIteris, Inc. Revises Earnings Guidance for the Full Year of 2024Iteris, Inc. revised earnings guidance for the full year of 2024. For the year, the company raising the low end of full-year total revenue guidance to a range of $171.0 million to $175.0 million, representing organic growth of 11% year over year at the mid-point of the guidance range, which accounts for a return to typical seasonality and temporary federal budget uncertainty.Reported Earnings • Nov 10Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: US$0.006 (up from US$0.17 loss in 2Q 2023). Revenue: US$43.6m (up 11% from 2Q 2023). Net income: US$551.0k (up US$7.95m from 2Q 2023). Profit margin: 1.3% (up from net loss in 2Q 2023). The move to profitability was primarily driven by higher revenue. Revenue exceeded analyst estimates by 4.9%. Earnings per share (EPS) missed analyst estimates by 43%. Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Electronic industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.お知らせ • Oct 27Iteris, Inc. to Report Q2, 2024 Results on Nov 09, 2023Iteris, Inc. announced that they will report Q2, 2024 results on Nov 09, 2023お知らせ • Sep 29Iteris Expands Capacity of Vantage Detection Platform with Release of Vantage Next Max™Iteris, Inc. announced that it has launched Vantage Next Max™, a new central control unit (CCU) that doubles the number of sensors supported on the Vantage Next® platform from four to eight sensors per in-cabinet processor.This new addition to the Vantage detection product suite is an ideal traffic detection solution for larger or uniquely-configured intersections with up to ten lanes, diverging diamond interchanges and locations with special requirements that may typically require more sensors to achieve comprehensive detection coverage. It saves time, space and effort by allowing traffic engineers and system integrators to easily install and configure a single system rather than multiple systems in a traffic cabinet. With this new product, Iteris and the Vantage platform will be able to address a new and growing segment of the market that typically is a source of greater safety risk and higher traffic management because of challenges associated with large or complex intersection designs. The Vantage detection product suite is a key component of Iteris’ ClearMobility® Platform, the most complete solution for continuously monitoring, visualizing and optimizing mobility infrastructure to help ensure that roads are safe, travel is efficient, and communities thrive. The ClearMobility Platform applies cloud computing, artificial intelligence, advanced sensors, advisory services and managed services to achieve safe, efficient and sustainable mobility.Price Target Changed • Sep 14Price target increased by 9.1% to US$6.00Up from US$5.50, the current price target is an average from 4 analysts. New target price is 33% above last closing price of US$4.52. Stock is up 43% over the past year. The company is forecast to post earnings per share of US$0.16 next year compared to a net loss per share of US$0.35 last year.お知らせ • Aug 09Iteris, Inc. Provides Earnings Guidance for the Second Quarter of 2024 and Full Year 2024Iteris, Inc. provided earnings guidance for the second quarter of 2024 and full year 2024. Second quarter total revenue guidance in the range of $41.0 million to $42.0 million, representing growth of 6% year over year at the mid-point of the guidance range, which takes into account that some customer deployments and associated revenue recognition moved forward into the first quarter.Reiterating full-year total revenue guidance in the range of $168.0 million to $175.0 million, representing organic growth of 10% year over year at the mid-point of the guidance range.お知らせ • Jul 29Iteris, Inc., Annual General Meeting, Sep 07, 2023Iteris, Inc., Annual General Meeting, Sep 07, 2023, at 16:00 Central Standard Time. Agenda: To elect Joe Bergera, Gary Hall, Gerard M. Mooney, Laura L. Siegal, Thomas L. Thomas, Kimberly Valentine-Poska, and Dennis W. Zank to the Board of Directors, each to hold such office until the next annual meeting of stockholders and until his or her successor is elected and qualified; to conduct an advisory vote to approve the compensation of named executive officers; and to discuss other matters.お知らせ • Jul 26Iteris, Inc. to Report Q1, 2024 Results on Aug 08, 2023Iteris, Inc. announced that they will report Q1, 2024 results on Aug 08, 2023お知らせ • Jul 21Iteris, Inc. Announces Board AppointmentsIteris, Inc. announced that Gary Hall, partner and president of infrastructure & public finance for Siebert Williams Shank & Company, and Kimberly Valentine-Poska, managing director at Global Capital Markets, Inc., have been appointed to its board of directors. Mr. Hall has an extensive background in infrastructure, public finance and regulatory work and is currently a partner and president of infrastructure & public finance for Siebert Williams Shank & Company, the nation’s largest minority-owned investment bank. Mr. Hall is also a partner in a public infrastructure private equity firm (American Triple I Partners), which focuses on transportation, energy, knowledge and information systems, and smart city investments. Previously, Mr. Hall worked in the Mergers & Acquisitions Group of Bank One Capital Markets (JP Morgan), where he gained extensive experience serving as an advisor to middle-market companies executing strategic transactions. Prior to this, Mr. Hall served as a special advisor to the Under Secretary of the Treasury for Domestic Finance within the U.S. Department of Treasury. He also practiced law as a corporate finance attorney. Mr. Hall earned a bachelor’s degree in finance from Howard University and a J.D. from the University of Notre Dame. Ms. Valentine-Poska has a 30 year career of success in investment banking, helping clients across multiple industry verticals to successfully negotiate and close complex domestic and international transactions. She currently works as Managing Director for Global Capital Markets, a global middle-market investment bank where the focus includes middle-market technology transactions. Earlier in her career, she was elected as the first female partner in the National Corporate Finance Practice at Deloitte, an international professional services firm and the largest public accounting firm in the United States. While at Deloitte, Ms. Valentine-Poska advised technology, software, and real estate companies with mergers and acquisitions, IPOs, and debt and equity financings. Ms. Valentine-Poska earned a bachelor’s degree in finance and business economics from the University of Southern California and an MBA from Harvard Business School. In addition to Iteris, Ms. Valentine-Poska serves as an independent director on the board of Empire Valuation Consultants, Inc., a New York-based independent valuation firm.お知らせ • Jun 15Iteris, Inc. announced delayed annual 10-K filingOn 06/14/2023, Iteris, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.分析記事 • Jun 15Iteris, Inc.'s (NASDAQ:ITI) P/S Is On The MarkIt's not a stretch to say that Iteris, Inc.'s ( NASDAQ:ITI ) price-to-sales (or "P/S") ratio of 1.2x right now seems...Reported Earnings • Jun 15Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: US$0.35 loss per share (further deteriorated from US$0.16 loss in FY 2022). Revenue: US$156.1m (up 17% from FY 2022). Net loss: US$14.9m (loss widened 115% from FY 2022). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 16%. Revenue is forecast to grow 9.3% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Electronic industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.お知らせ • Jun 14Iteris, Inc. Provides Earnings Guidance for the Fiscal Year 2024Iteris, Inc. provided earnings guidance for the fiscal year 2024. For the year, the company expects total revenue of $168.0 million to $175.0 million, representing organic growth of 10% year over year at the mid-point of the guidance range.お知らせ • May 19Iteris, Inc. to Report Q4, 2023 Results on Jun 01, 2023Iteris, Inc. announced that they will report Q4, 2023 results on Jun 01, 2023Reported Earnings • Feb 05Third quarter 2023 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2023 results: US$0.048 loss per share (improved from US$0.057 loss in 3Q 2022). Revenue: US$40.7m (up 27% from 3Q 2022). Net loss: US$2.05m (loss narrowed 15% from 3Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Electronic industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.お知らせ • Feb 03+ 1 more updateIteris, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2023Iteris, Inc. provided earnings guidance for the fourth quarter and full year 2023. For the quarter, revenue is expected to be in the range of $39.4 million to $41.4 million, representing growth of 18.0% at the midpoint of the guidance range.Full year fiscal 2023 revenue is expected to be in the range of $152 million to $155 million, representing growth of 15.0% year over year at the mid-point of the guidance range.Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Director Dennis Zank was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jan 19Iteris, Inc. to Report Q3, 2023 Results on Feb 02, 2023Iteris, Inc. announced that they will report Q3, 2023 results on Feb 02, 2023Major Estimate Revision • Nov 16Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from US$148.1m to US$151.8m. Forecast EPS reduced from -US$0.08 to -US$0.29 per share. Electronic industry in the US expected to see average net income growth of 10% next year. Consensus price target down from US$5.67 to US$4.17. Share price rose 6.0% to US$3.16 over the past week.Reported Earnings • Nov 10Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: US$0.17 loss per share (further deteriorated from US$0.049 loss in 2Q 2022). Revenue: US$39.3m (up 18% from 2Q 2022). Net loss: US$7.40m (loss widened 254% from 2Q 2022). Revenue exceeded analyst estimates by 8.9%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.Seeking Alpha • Oct 04Iteris gets $2.95M task order by Federal Highway AdministrationIteris (NASDAQ:ITI) on Tuesday has received a fourth task order with funding of $2.95M under $19.5M IDIQ contract from the Federal Highway Administration to provide continued development, evolution and deployment support for the Intelligent Transportation Systems reference architecture program. The new task order continues implementation and evolution of ARC-IT framework, as well as delivery of training curriculum to support public agencies nationwide. Iteris’ ITS expertise will be leveraged to prepare cities and states for advancements in connected and automated vehicle technology. The project demonstrates Iteris’ continuous role as trusted advisor to US Department of Transportation.Seeking Alpha • Aug 25Iteris awarded general services administration’s multiple award schedule contractIteris (NASDAQ:ITI) has been awarded a Multiple Award Schedule (or MAS) by the General Services Administration (or GSA). This government-wide contract is currently effective until 2027 and provides federal, state and local government buyers with quick access to Iteris’ consulting services. “As a long-standing provider to government agencies, this contract is a perfect fit for Iteris. We are excited that the GSA MAS program will make it easier for us to deliver our technical and domain expertise to public-sector clients, especially as agencies at all levels of government begin to deploy funding from the Infrastructure Investment & Jobs Act to address critical mobility initiatives across the nation.” said Moe Zarean, General Manager of Mobility Consulting Solutions at Iteris.Seeking Alpha • Aug 18Virginia Department of Transportation selects Iteris for connected and automated vehicle initiativeIteris (NASDAQ:ITI) has been awarded a sub-contract by the Virginia Department of Transportation (or VDOT) for connected and automated vehicle (CAV). Includes related planning services, representing continued demand for company’s specialized consulting services in a key geographic market. Company will help in understanding how the state can accommodate current and future data needs to manage congestion, improve safety and enhance CAV readiness. The project is in line with several CAV deployments Iteris is working on across the U.S. – including oversight of pilot deployments, smart work zones, advanced pedestrian detection and automated commercial vehicle inspections.Reported Earnings • Aug 05First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: US$0.11 loss per share (down from US$0.015 profit in 1Q 2022). Revenue: US$33.7m (down 1.2% from 1Q 2022). Net loss: US$4.85m (down US$5.48m from profit in 1Q 2022). Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 175%. Over the next year, revenue is forecast to grow 14%, compared to a 10% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.Seeking Alpha • Jul 19Iteris nabs contract from VDOT for statewide transportation operationsIteris (NASDAQ:ITI) received a new contract by the Virginia Department of Transportation (VDOT) for smart mobility, safety and sustainability programs. The deal commences its initial phase of a multi-year contract with an $11.4M order; eventual total contract value is expected to exceed $20M. Under agreement terms, Iteris will provide VDOT platform-as-a-service capabilities, including an extensive data portal, next generation real-time traveler information system, new incident management tools and upgraded video distribution services on a statewide basis.Seeking Alpha • Jun 10Iteris - Undisputed Leader In Mobility Management Trading At Only 0.6x Sales With Multiple Catalysts For GrowthIteris is a growth company trading at a deep value multiple. Supply chain issues have hampered revenue and gross margin but now the company has an active mitigation plan in place. Given mid-teens revenue growth and EBITDA margin expansion through 2025, ITI could be a $14 stock up 367% from today's levels.Reported Earnings • Jun 02Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: US$0.16 loss per share (down from US$0.012 profit in FY 2021). Revenue: US$133.6m (up 14% from FY 2021). Net loss: US$6.90m (down US$7.39m from profit in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 85%. Over the next year, revenue is forecast to grow 9.6%, compared to a 12% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.Price Target Changed • Apr 27Price target decreased to US$7.88Down from US$8.75, the current price target is an average from 3 analysts. New target price is 227% above last closing price of US$2.41. Stock is down 67% over the past year. The company is forecast to post a net loss per share of US$0.087 compared to earnings per share of US$0.012 last year.Buying Opportunity • Feb 10Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 36%. The fair value is estimated to be US$4.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% per annum over the last 3 years. The company became loss making over the last year.Price Target Changed • Feb 06Price target decreased to US$7.88Down from US$8.75, the current price target is an average from 3 analysts. New target price is 133% above last closing price of US$3.38. The company is forecast to post a net loss per share of US$0.087 compared to earnings per share of US$0.012 last year.Reported Earnings • Feb 05Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: US$0.057 loss per share (down from US$0.006 loss in 3Q 2021). Revenue: US$32.0m (up 14% from 3Q 2021). Net loss: US$2.40m (loss widened US$2.14m from 3Q 2021). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 10%, compared to a 14% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Price Target Changed • Dec 09Price target decreased to US$8.00Down from US$8.67, the current price target is an average from 3 analysts. New target price is 74% above last closing price of US$4.60. The company is forecast to post a net loss per share of US$0.0033 compared to earnings per share of US$0.012 last year.Price Target Changed • Nov 16Price target decreased to US$8.33Down from US$9.00, the current price target is an average from 3 analysts. New target price is 60% above last closing price of US$5.21. The company is forecast to post a net loss per share of US$0.01 compared to earnings per share of US$0.012 last year.Reported Earnings • Nov 05Second quarter 2022 earnings released: US$0.049 loss per share (vs US$0.018 profit in 2Q 2021)The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2022 results: Revenue: US$33.2m (up 14% from 2Q 2021). Net loss: US$2.09m (down 391% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Aug 12Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from US$0.09 to US$0.06 per share. Revenue forecast steady at US$138.2m. Net income forecast to grow 698% next year vs 22% growth forecast for Electronic industry in the US. Consensus price target of US$9.00 unchanged from last update. Share price was steady at US$6.17 over the past week.Reported Earnings • Aug 06First quarter 2022 earnings released: EPS US$0.015 (vs US$0.01 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: US$34.1m (up 22% from 1Q 2021). Net income: US$629.0k (up 51% from 1Q 2021). Profit margin: 1.8% (up from 1.5% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions Derivative • Jun 12President exercised options and sold US$177k worth of stockOn the 7th of June, J. Bergera exercised 64.93k options at around US$2.38, then sold 38k of the shares acquired at an average of US$7.04 per share and kept the remainder. For the year to March 2020, Bergera's total compensation was 34% salary and 66% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2020, Bergera has owned 7.80k shares directly. Company insiders have collectively sold US$193k more than they bought, via options and on-market transactions in the last 12 months.Reported Earnings • Jun 03Full year 2021 earnings released: EPS US$0.012 (vs US$0.045 loss in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: US$117.1m (up 9.1% from FY 2020). Net income: US$491.0k (up US$2.25m from FY 2020). Profit margin: 0.4% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Breakeven Date Change • May 27Forecast breakeven pushed back to 2022The 4 analysts covering Iteris previously expected the company to break even in 2021. New consensus forecast suggests the company will make a profit of US$4.66m in 2022. Average annual earnings growth of 26% is required to achieve expected profit on schedule.分析記事 • Feb 05How Does Iteris' (NASDAQ:ITI) CEO Salary Compare to Peers?This article will reflect on the compensation paid to Joe Bergera who has served as CEO of Iteris, Inc. ( NASDAQ:ITI...Reported Earnings • Feb 04Third quarter 2021 earnings released: US$0.006 loss per share (vs US$0.051 loss in 3Q 2020)The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: US$28.2m (down 2.0% from 3Q 2020). Net loss: US$261.0k (loss narrowed 87% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Analyst Estimate Surprise Post Earnings • Feb 04Revenue and earnings miss expectationsRevenue missed analyst estimates by 3.2%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 16%, compared to a 13% growth forecast for the Electronic industry in the US.分析記事 • Jan 15Iteris, Inc. (NASDAQ:ITI) Shares Could Be 49% Below Their Intrinsic Value EstimateDoes the January share price for Iteris, Inc. ( NASDAQ:ITI ) reflect what it's really worth? Today, we will estimate...Is New 90 Day High Low • Jan 08New 90-day high: US$6.75The company is up 54% from its price of US$4.38 on 09 October 2020. The American market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$14.71 per share.分析記事 • Dec 28Iteris, Inc. (NASDAQ:ITI) Is About To Turn The CornerIteris, Inc. ( NASDAQ:ITI ) is possibly approaching a major achievement in its business, so we would like to shine some...財務状況分析短期負債: ITIの 短期資産 ( $78.9M ) が 短期負債 ( $44.6M ) を超えています。長期負債: ITIの短期資産 ( $78.9M ) が 長期負債 ( $10.4M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: ITIは負債がありません。負債の削減: ITI過去 5 年間負債を抱えていません。債務返済能力: ITIには負債がないため、営業キャッシュフロー でカバーする必要はありません。インタレストカバレッジ: ITIには負債がないため、利息支払い の負担は問題になりません。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YTech 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日(UTC時間)企業分析2024/11/04 23:13終値2024/11/01 00:00収益2024/06/30年間収益2024/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM(Trailing Twelve Month)またはLTM(Last Twelve Month)データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Iteris, Inc. 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関Joseph OshaCitizens JMP Securities, LLCMichael ShliskyColliers SecuritiesRyan SigdahlCraig-Hallum Capital Group LLC2 その他のアナリストを表示
お知らせ • Jun 15Iteris, Inc. announced delayed annual 10-K filingOn 06/14/2023, Iteris, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
お知らせ • Nov 05Iteris, Inc.(NasdaqGM:ITI) dropped from NASDAQ Transportation IndexIteris, Inc. has been dropped from the NASDAQ Transportation Index .
新しいナラティブ • Sep 26ClearMobility's Innovations And Strategies Signal Robust Growth Ahead Continued ClearMobility platform adoption and new product introductions like Vantage PedSafe sensor signify potential revenue and annual recurring revenue growth.
Seeking Alpha • Aug 14Iteris Is Acquired At A Little Under Fair ValueSummary Iteris was just about to turn its fortunes for the better when an acquisition offer from a private Italian company came in. Given that ITI share price has been range-bound over the years, we're not surprised management accepted the offer. Still, we feel there is money left on the table here, but it would likely have taken quite some time to get the share price at the acquisition price. So, holders will likely approve the offer, this looks like a done deal. Read the full article on Seeking Alpha
New Risk • Aug 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 5.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (5.5% average weekly change). Minor Risk Large one-off items impacting financial results.
Reported Earnings • Aug 09First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: US$0.009 (down from US$0.05 in 1Q 2024). Revenue: US$45.8m (up 5.1% from 1Q 2024). Net income: US$392.0k (down 82% from 1Q 2024). Profit margin: 0.9% (down from 4.9% in 1Q 2024). Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) missed analyst estimates by 40%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 09+ 1 more updateAlmavivA S.p.A. entered into a definitive merger agreement to acquire Iteris, Inc. (NasdaqCM:ITI) for approximately $320 million.AlmavivA S.p.A. entered into a definitive merger agreement to acquire Iteris, Inc. (NasdaqCM:ITI) for approximately $320 million on August 9, 2024. Under the terms of the agreement, Iteris shareholders will receive $7.20 in cash for each share of Iteris common stock. Upon completion of the transaction, Iteris will become a privately held company, and its common stock will no longer be traded on Nasdaq. Almaviva intends to finance the transaction using committed debt financing. The transaction is subject to approval by Iteris shareholders, required regulatory approvals and other customary closing conditions. The transaction is not subject to a financing condition. The transaction was unanimously approved and will be recommended to its shareholders by the Iteris Board of Directors. The transaction is expected to close in 2024. Morgan Stanley & Co. LLC is acting as financial advisor and Latham & Watkins LLP is acting as legal counsel to Iteris. Goldman Sachs Bank Europe SE, Italian Branch is acting as financial advisor, King & Spalding LLP, Legance - Avvocati Associati and Linklaters as legal advisors, EY Advisory SpA as accounting and fiscal advisor for Almaviva.
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$4.07, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 14x in the Electronic industry in the US. Total loss to shareholders of 37% over the past three years.
お知らせ • Jul 29Iteris, Inc. to Report Q1, 2025 Results on Aug 08, 2024Iteris, Inc. announced that they will report Q1, 2025 results on Aug 08, 2024
分析記事 • Jul 17Returns Are Gaining Momentum At Iteris (NASDAQ:ITI)What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
New Risk • Jun 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 45% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.
Reported Earnings • Jun 16Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: US$0.073 (up from US$0.35 loss in FY 2023). Revenue: US$172.0m (up 10% from FY 2023). Net income: US$3.13m (up US$18.0m from FY 2023). Profit margin: 1.8% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 30%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
お知らせ • May 31Iteris, Inc. to Report Q4, 2024 Results on Jun 13, 2024Iteris, Inc. announced that they will report Q4, 2024 results on Jun 13, 2024
お知らせ • Mar 26Iteris Launches New Clearguide Signal Trends as Probe-Based Option for Improving Intersection PerformanceIteris, Inc. announced the launch of ClearGuide® Signal Trends, a new probe data-based solution for improving signal performance. Signal Trends complements Iteris’ detection and traffic analytics software by enabling agencies to enhance performance at the intersection level without the need for equipment connectivity. The solution is designed to help agencies easily identify maintenance and congestion problems at more intersections, including where they do not yet have traffic sensors or communications infrastructure. The new solution within ClearGuide provides signal performance data and visualization by region or sub-region, notifies operators of abnormal conditions promptly, eliminates the need for traffic counting studies, and helps agencies better prioritize signal retiming with a data-driven, rather than calendar-based, approach to retiming. Signal Trends leverages anonymized trajectory data from cloud-connected vehicles to identify whenand where there are signal performance issues and how they have changed over time. This enables agencies to make timely adjustments to reduce delays and improve traveler satisfaction. Signal Trends integrates seamlessly with ClearGuide Roadways, ClearGuide Safety, and ClearGuide SPM. Together these comprehensive diagnostic solutions generate reports, alerts, and recommendations to improve the safety and efficiency of traffic signals and arterials in one user interface. Only Iteris offers both probe Signal Performance Measure (SPM) and Automated Traffic Signal Performance Measure (ATSPM) solutions. ClearGuide Signal Trends is available to any agency in the United States as a standalone solution, or as a valuable addition to the existing ClearGuide solutions in use today. The ClearGuide solution is a key component of Iteris’ ClearMobility® Platform, the world’s most complete solution to continuously monitor, visualize and optimize mobility infrastructure. ClearMobility applies cloud computing, artificial intelligence, advanced sensors, advisory services and managed services to help ensure roads are safe, travel is efficient and communities thrive.
Recent Insider Transactions Derivative • Mar 03President notifies of intention to sell stockJ. Bergera intends to sell 37k shares in the next 90 days after lodging an Intent To Sell Form on the 29th of February. If the sale is conducted around the recent share price of US$5.09, it would amount to US$188k. For the year to March 2017, Bergera's total compensation was 39% salary and 61% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2023, Bergera's direct individual holding has increased from 121.92k shares to 179.14k. Company insiders have collectively bought US$13k more than they sold, via options and on-market transactions, in the last 12 months.
Recent Insider Transactions • Feb 23Independent Director recently bought US$50k worth of stockOn the 20th of February, Kimberly Valentine-Poska bought around 10k shares on-market at roughly US$5.02 per share. This transaction amounted to 57% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$13k more in shares than they have sold in the last 12 months.
分析記事 • Feb 21Iteris' (NASDAQ:ITI) Strong Earnings Are Of Good QualityEven though Iteris, Inc.'s ( NASDAQ:ITI ) recent earnings release was robust, the market didn't seem to notice...
Major Estimate Revision • Feb 15Consensus EPS estimates fall by 23%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from US$0.133 to US$0.103 per share. Revenue forecast steady at US$171.9m. Net income forecast to grow 224% next year vs 14% growth forecast for Electronic industry in the US. Consensus price target up from US$6.00 to US$6.88. Share price was steady at US$5.27 over the past week.
Reported Earnings • Feb 10Third quarter 2024 earnings: EPS exceeds analyst expectationsThird quarter 2024 results: EPS: US$0.008 (up from US$0.048 loss in 3Q 2023). Revenue: US$42.1m (up 3.5% from 3Q 2023). Net income: US$355.0k (up US$2.40m from 3Q 2023). Profit margin: 0.8% (up from net loss in 3Q 2023). The move to profitability was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 33%. Revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 09Iteris, Inc. Provides Earnings Guidance for Fiscal Year 2024Iteris, Inc. provided earnings guidance for Fiscal Year 2024 . For the period, company is Tightening full-year total revenue guidance to a range of $171.0 million to $173.0 million, representing organic growth of 10% year over year at the mid-point, which reflects temporary customer delays largely due to current budget uncertainty and agency labor constraints.
お知らせ • Jan 26Iteris, Inc. to Report Q3, 2024 Results on Feb 08, 2024Iteris, Inc. announced that they will report Q3, 2024 results at 4:00 PM, US Eastern Standard Time on Feb 08, 2024
分析記事 • Dec 28Why Investors Shouldn't Be Surprised By Iteris, Inc.'s (NASDAQ:ITI) 33% Share Price SurgeThe Iteris, Inc. ( NASDAQ:ITI ) share price has done very well over the last month, posting an excellent gain of 33...
お知らせ • Dec 14Iteris, Inc. Announces the Launch of Vantage CVIteris, Inc. announced the launch of Vantage CV, an integrated detection and connected vehicle (CV) system for safer intersections. This new offering combines traffic detection, cellular vehicle-to-everything (C-V2X) transportation infrastructure communications and connected vehicle safety applications into a single solution with advanced safety features, scalable design and complete intersection coverage. Vantage CV integrates traffic detection data from Iteris' Vantage Apex or Vantage Next detection systems and software to generate real-time safety alerts distributed to connected vehicles via the BlueTOAD Spectra CV roadside unit, so that drivers can be alerted to safety risks like pedestrians in the crosswalk and predicted red light runners. Because not all vehicles are currently equipped with vehicle-to-everything (V2X) technology, the Iteris system includes in-vehicle technologies that agencies can deploy quickly on selected fleet vehicles--such as school buses and maintenance vehicles--for immediate safety benefits. As part of the Vantage CV launch, Iteris has also released the next generation of BlueARGUS™?, now called VantageARGUS CV™?, an essential software component of Vantage CV providing CV data visualization, travel times, dynamic corridor analysis and other system monitoring and analytics capabilities.
お知らせ • Dec 06Iteris, Inc. Introduces Multi-Level Cloud-Enabled Managed Services to Optimize Traffic DetectionIteris, Inc. announced the latest evolution of VantageCare, a comprehensive product support program that assists transportation agencies in optimizing their Iteris traffic detection technologies to manage the overall intersection. VantageCare is now offered as a cloud-enabled managed service that helps agencies maximize their traffic detection investments and ensure efficient, safe and reliable travel through intersections. Structured into three distinct plans--Standard, Maintenance Assist, and Performance Assist--the program will offer increasing levels of support and features that allow agencies of all sizes and resources to make the most out of their intersection management infrastructure. Effective immediately, all Vantage detection customers have been enrolled in the Standard plan of VantageCare, building upon Iteris' already support and making it more accessible than ever. Agencies will also have the choice to upgrade to Maintenance Assist or Performance Assist to leverage data, software, and connectivity for new, enhanced support offerings for proactive maintenance and improved operations. VantageCare is compatible with Vantage Next, Vantage Apex and VantageRadius detection systems and is a key component of Iteris' ClearMobility Platform, the most complete solution to continuously monitor, visualize and optimize mobility infrastructure to help ensure roads are safe, travel is efficient, and communities thrive. The ClearMobility Platform applies cloud computing, artificial intelligence, advanced sensors, advisory services and managed services to achieve safe, efficient and sustainable mobility.
お知らせ • Nov 11+ 1 more updateIteris, Inc. Revises Earnings Guidance for the Full Year of 2024Iteris, Inc. revised earnings guidance for the full year of 2024. For the year, the company raising the low end of full-year total revenue guidance to a range of $171.0 million to $175.0 million, representing organic growth of 11% year over year at the mid-point of the guidance range, which accounts for a return to typical seasonality and temporary federal budget uncertainty.
Reported Earnings • Nov 10Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: US$0.006 (up from US$0.17 loss in 2Q 2023). Revenue: US$43.6m (up 11% from 2Q 2023). Net income: US$551.0k (up US$7.95m from 2Q 2023). Profit margin: 1.3% (up from net loss in 2Q 2023). The move to profitability was primarily driven by higher revenue. Revenue exceeded analyst estimates by 4.9%. Earnings per share (EPS) missed analyst estimates by 43%. Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Electronic industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
お知らせ • Oct 27Iteris, Inc. to Report Q2, 2024 Results on Nov 09, 2023Iteris, Inc. announced that they will report Q2, 2024 results on Nov 09, 2023
お知らせ • Sep 29Iteris Expands Capacity of Vantage Detection Platform with Release of Vantage Next Max™Iteris, Inc. announced that it has launched Vantage Next Max™, a new central control unit (CCU) that doubles the number of sensors supported on the Vantage Next® platform from four to eight sensors per in-cabinet processor.This new addition to the Vantage detection product suite is an ideal traffic detection solution for larger or uniquely-configured intersections with up to ten lanes, diverging diamond interchanges and locations with special requirements that may typically require more sensors to achieve comprehensive detection coverage. It saves time, space and effort by allowing traffic engineers and system integrators to easily install and configure a single system rather than multiple systems in a traffic cabinet. With this new product, Iteris and the Vantage platform will be able to address a new and growing segment of the market that typically is a source of greater safety risk and higher traffic management because of challenges associated with large or complex intersection designs. The Vantage detection product suite is a key component of Iteris’ ClearMobility® Platform, the most complete solution for continuously monitoring, visualizing and optimizing mobility infrastructure to help ensure that roads are safe, travel is efficient, and communities thrive. The ClearMobility Platform applies cloud computing, artificial intelligence, advanced sensors, advisory services and managed services to achieve safe, efficient and sustainable mobility.
Price Target Changed • Sep 14Price target increased by 9.1% to US$6.00Up from US$5.50, the current price target is an average from 4 analysts. New target price is 33% above last closing price of US$4.52. Stock is up 43% over the past year. The company is forecast to post earnings per share of US$0.16 next year compared to a net loss per share of US$0.35 last year.
お知らせ • Aug 09Iteris, Inc. Provides Earnings Guidance for the Second Quarter of 2024 and Full Year 2024Iteris, Inc. provided earnings guidance for the second quarter of 2024 and full year 2024. Second quarter total revenue guidance in the range of $41.0 million to $42.0 million, representing growth of 6% year over year at the mid-point of the guidance range, which takes into account that some customer deployments and associated revenue recognition moved forward into the first quarter.Reiterating full-year total revenue guidance in the range of $168.0 million to $175.0 million, representing organic growth of 10% year over year at the mid-point of the guidance range.
お知らせ • Jul 29Iteris, Inc., Annual General Meeting, Sep 07, 2023Iteris, Inc., Annual General Meeting, Sep 07, 2023, at 16:00 Central Standard Time. Agenda: To elect Joe Bergera, Gary Hall, Gerard M. Mooney, Laura L. Siegal, Thomas L. Thomas, Kimberly Valentine-Poska, and Dennis W. Zank to the Board of Directors, each to hold such office until the next annual meeting of stockholders and until his or her successor is elected and qualified; to conduct an advisory vote to approve the compensation of named executive officers; and to discuss other matters.
お知らせ • Jul 26Iteris, Inc. to Report Q1, 2024 Results on Aug 08, 2023Iteris, Inc. announced that they will report Q1, 2024 results on Aug 08, 2023
お知らせ • Jul 21Iteris, Inc. Announces Board AppointmentsIteris, Inc. announced that Gary Hall, partner and president of infrastructure & public finance for Siebert Williams Shank & Company, and Kimberly Valentine-Poska, managing director at Global Capital Markets, Inc., have been appointed to its board of directors. Mr. Hall has an extensive background in infrastructure, public finance and regulatory work and is currently a partner and president of infrastructure & public finance for Siebert Williams Shank & Company, the nation’s largest minority-owned investment bank. Mr. Hall is also a partner in a public infrastructure private equity firm (American Triple I Partners), which focuses on transportation, energy, knowledge and information systems, and smart city investments. Previously, Mr. Hall worked in the Mergers & Acquisitions Group of Bank One Capital Markets (JP Morgan), where he gained extensive experience serving as an advisor to middle-market companies executing strategic transactions. Prior to this, Mr. Hall served as a special advisor to the Under Secretary of the Treasury for Domestic Finance within the U.S. Department of Treasury. He also practiced law as a corporate finance attorney. Mr. Hall earned a bachelor’s degree in finance from Howard University and a J.D. from the University of Notre Dame. Ms. Valentine-Poska has a 30 year career of success in investment banking, helping clients across multiple industry verticals to successfully negotiate and close complex domestic and international transactions. She currently works as Managing Director for Global Capital Markets, a global middle-market investment bank where the focus includes middle-market technology transactions. Earlier in her career, she was elected as the first female partner in the National Corporate Finance Practice at Deloitte, an international professional services firm and the largest public accounting firm in the United States. While at Deloitte, Ms. Valentine-Poska advised technology, software, and real estate companies with mergers and acquisitions, IPOs, and debt and equity financings. Ms. Valentine-Poska earned a bachelor’s degree in finance and business economics from the University of Southern California and an MBA from Harvard Business School. In addition to Iteris, Ms. Valentine-Poska serves as an independent director on the board of Empire Valuation Consultants, Inc., a New York-based independent valuation firm.
お知らせ • Jun 15Iteris, Inc. announced delayed annual 10-K filingOn 06/14/2023, Iteris, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
分析記事 • Jun 15Iteris, Inc.'s (NASDAQ:ITI) P/S Is On The MarkIt's not a stretch to say that Iteris, Inc.'s ( NASDAQ:ITI ) price-to-sales (or "P/S") ratio of 1.2x right now seems...
Reported Earnings • Jun 15Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: US$0.35 loss per share (further deteriorated from US$0.16 loss in FY 2022). Revenue: US$156.1m (up 17% from FY 2022). Net loss: US$14.9m (loss widened 115% from FY 2022). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 16%. Revenue is forecast to grow 9.3% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Electronic industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.
お知らせ • Jun 14Iteris, Inc. Provides Earnings Guidance for the Fiscal Year 2024Iteris, Inc. provided earnings guidance for the fiscal year 2024. For the year, the company expects total revenue of $168.0 million to $175.0 million, representing organic growth of 10% year over year at the mid-point of the guidance range.
お知らせ • May 19Iteris, Inc. to Report Q4, 2023 Results on Jun 01, 2023Iteris, Inc. announced that they will report Q4, 2023 results on Jun 01, 2023
Reported Earnings • Feb 05Third quarter 2023 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2023 results: US$0.048 loss per share (improved from US$0.057 loss in 3Q 2022). Revenue: US$40.7m (up 27% from 3Q 2022). Net loss: US$2.05m (loss narrowed 15% from 3Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Electronic industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 03+ 1 more updateIteris, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2023Iteris, Inc. provided earnings guidance for the fourth quarter and full year 2023. For the quarter, revenue is expected to be in the range of $39.4 million to $41.4 million, representing growth of 18.0% at the midpoint of the guidance range.Full year fiscal 2023 revenue is expected to be in the range of $152 million to $155 million, representing growth of 15.0% year over year at the mid-point of the guidance range.
Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Director Dennis Zank was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jan 19Iteris, Inc. to Report Q3, 2023 Results on Feb 02, 2023Iteris, Inc. announced that they will report Q3, 2023 results on Feb 02, 2023
Major Estimate Revision • Nov 16Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from US$148.1m to US$151.8m. Forecast EPS reduced from -US$0.08 to -US$0.29 per share. Electronic industry in the US expected to see average net income growth of 10% next year. Consensus price target down from US$5.67 to US$4.17. Share price rose 6.0% to US$3.16 over the past week.
Reported Earnings • Nov 10Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: US$0.17 loss per share (further deteriorated from US$0.049 loss in 2Q 2022). Revenue: US$39.3m (up 18% from 2Q 2022). Net loss: US$7.40m (loss widened 254% from 2Q 2022). Revenue exceeded analyst estimates by 8.9%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
Seeking Alpha • Oct 04Iteris gets $2.95M task order by Federal Highway AdministrationIteris (NASDAQ:ITI) on Tuesday has received a fourth task order with funding of $2.95M under $19.5M IDIQ contract from the Federal Highway Administration to provide continued development, evolution and deployment support for the Intelligent Transportation Systems reference architecture program. The new task order continues implementation and evolution of ARC-IT framework, as well as delivery of training curriculum to support public agencies nationwide. Iteris’ ITS expertise will be leveraged to prepare cities and states for advancements in connected and automated vehicle technology. The project demonstrates Iteris’ continuous role as trusted advisor to US Department of Transportation.
Seeking Alpha • Aug 25Iteris awarded general services administration’s multiple award schedule contractIteris (NASDAQ:ITI) has been awarded a Multiple Award Schedule (or MAS) by the General Services Administration (or GSA). This government-wide contract is currently effective until 2027 and provides federal, state and local government buyers with quick access to Iteris’ consulting services. “As a long-standing provider to government agencies, this contract is a perfect fit for Iteris. We are excited that the GSA MAS program will make it easier for us to deliver our technical and domain expertise to public-sector clients, especially as agencies at all levels of government begin to deploy funding from the Infrastructure Investment & Jobs Act to address critical mobility initiatives across the nation.” said Moe Zarean, General Manager of Mobility Consulting Solutions at Iteris.
Seeking Alpha • Aug 18Virginia Department of Transportation selects Iteris for connected and automated vehicle initiativeIteris (NASDAQ:ITI) has been awarded a sub-contract by the Virginia Department of Transportation (or VDOT) for connected and automated vehicle (CAV). Includes related planning services, representing continued demand for company’s specialized consulting services in a key geographic market. Company will help in understanding how the state can accommodate current and future data needs to manage congestion, improve safety and enhance CAV readiness. The project is in line with several CAV deployments Iteris is working on across the U.S. – including oversight of pilot deployments, smart work zones, advanced pedestrian detection and automated commercial vehicle inspections.
Reported Earnings • Aug 05First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: US$0.11 loss per share (down from US$0.015 profit in 1Q 2022). Revenue: US$33.7m (down 1.2% from 1Q 2022). Net loss: US$4.85m (down US$5.48m from profit in 1Q 2022). Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 175%. Over the next year, revenue is forecast to grow 14%, compared to a 10% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.
Seeking Alpha • Jul 19Iteris nabs contract from VDOT for statewide transportation operationsIteris (NASDAQ:ITI) received a new contract by the Virginia Department of Transportation (VDOT) for smart mobility, safety and sustainability programs. The deal commences its initial phase of a multi-year contract with an $11.4M order; eventual total contract value is expected to exceed $20M. Under agreement terms, Iteris will provide VDOT platform-as-a-service capabilities, including an extensive data portal, next generation real-time traveler information system, new incident management tools and upgraded video distribution services on a statewide basis.
Seeking Alpha • Jun 10Iteris - Undisputed Leader In Mobility Management Trading At Only 0.6x Sales With Multiple Catalysts For GrowthIteris is a growth company trading at a deep value multiple. Supply chain issues have hampered revenue and gross margin but now the company has an active mitigation plan in place. Given mid-teens revenue growth and EBITDA margin expansion through 2025, ITI could be a $14 stock up 367% from today's levels.
Reported Earnings • Jun 02Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: US$0.16 loss per share (down from US$0.012 profit in FY 2021). Revenue: US$133.6m (up 14% from FY 2021). Net loss: US$6.90m (down US$7.39m from profit in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 85%. Over the next year, revenue is forecast to grow 9.6%, compared to a 12% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
Price Target Changed • Apr 27Price target decreased to US$7.88Down from US$8.75, the current price target is an average from 3 analysts. New target price is 227% above last closing price of US$2.41. Stock is down 67% over the past year. The company is forecast to post a net loss per share of US$0.087 compared to earnings per share of US$0.012 last year.
Buying Opportunity • Feb 10Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 36%. The fair value is estimated to be US$4.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% per annum over the last 3 years. The company became loss making over the last year.
Price Target Changed • Feb 06Price target decreased to US$7.88Down from US$8.75, the current price target is an average from 3 analysts. New target price is 133% above last closing price of US$3.38. The company is forecast to post a net loss per share of US$0.087 compared to earnings per share of US$0.012 last year.
Reported Earnings • Feb 05Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: US$0.057 loss per share (down from US$0.006 loss in 3Q 2021). Revenue: US$32.0m (up 14% from 3Q 2021). Net loss: US$2.40m (loss widened US$2.14m from 3Q 2021). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 10%, compared to a 14% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Price Target Changed • Dec 09Price target decreased to US$8.00Down from US$8.67, the current price target is an average from 3 analysts. New target price is 74% above last closing price of US$4.60. The company is forecast to post a net loss per share of US$0.0033 compared to earnings per share of US$0.012 last year.
Price Target Changed • Nov 16Price target decreased to US$8.33Down from US$9.00, the current price target is an average from 3 analysts. New target price is 60% above last closing price of US$5.21. The company is forecast to post a net loss per share of US$0.01 compared to earnings per share of US$0.012 last year.
Reported Earnings • Nov 05Second quarter 2022 earnings released: US$0.049 loss per share (vs US$0.018 profit in 2Q 2021)The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2022 results: Revenue: US$33.2m (up 14% from 2Q 2021). Net loss: US$2.09m (down 391% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Aug 12Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from US$0.09 to US$0.06 per share. Revenue forecast steady at US$138.2m. Net income forecast to grow 698% next year vs 22% growth forecast for Electronic industry in the US. Consensus price target of US$9.00 unchanged from last update. Share price was steady at US$6.17 over the past week.
Reported Earnings • Aug 06First quarter 2022 earnings released: EPS US$0.015 (vs US$0.01 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: US$34.1m (up 22% from 1Q 2021). Net income: US$629.0k (up 51% from 1Q 2021). Profit margin: 1.8% (up from 1.5% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions Derivative • Jun 12President exercised options and sold US$177k worth of stockOn the 7th of June, J. Bergera exercised 64.93k options at around US$2.38, then sold 38k of the shares acquired at an average of US$7.04 per share and kept the remainder. For the year to March 2020, Bergera's total compensation was 34% salary and 66% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2020, Bergera has owned 7.80k shares directly. Company insiders have collectively sold US$193k more than they bought, via options and on-market transactions in the last 12 months.
Reported Earnings • Jun 03Full year 2021 earnings released: EPS US$0.012 (vs US$0.045 loss in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: US$117.1m (up 9.1% from FY 2020). Net income: US$491.0k (up US$2.25m from FY 2020). Profit margin: 0.4% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Breakeven Date Change • May 27Forecast breakeven pushed back to 2022The 4 analysts covering Iteris previously expected the company to break even in 2021. New consensus forecast suggests the company will make a profit of US$4.66m in 2022. Average annual earnings growth of 26% is required to achieve expected profit on schedule.
分析記事 • Feb 05How Does Iteris' (NASDAQ:ITI) CEO Salary Compare to Peers?This article will reflect on the compensation paid to Joe Bergera who has served as CEO of Iteris, Inc. ( NASDAQ:ITI...
Reported Earnings • Feb 04Third quarter 2021 earnings released: US$0.006 loss per share (vs US$0.051 loss in 3Q 2020)The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: US$28.2m (down 2.0% from 3Q 2020). Net loss: US$261.0k (loss narrowed 87% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Analyst Estimate Surprise Post Earnings • Feb 04Revenue and earnings miss expectationsRevenue missed analyst estimates by 3.2%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 16%, compared to a 13% growth forecast for the Electronic industry in the US.
分析記事 • Jan 15Iteris, Inc. (NASDAQ:ITI) Shares Could Be 49% Below Their Intrinsic Value EstimateDoes the January share price for Iteris, Inc. ( NASDAQ:ITI ) reflect what it's really worth? Today, we will estimate...
Is New 90 Day High Low • Jan 08New 90-day high: US$6.75The company is up 54% from its price of US$4.38 on 09 October 2020. The American market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$14.71 per share.
分析記事 • Dec 28Iteris, Inc. (NASDAQ:ITI) Is About To Turn The CornerIteris, Inc. ( NASDAQ:ITI ) is possibly approaching a major achievement in its business, so we would like to shine some...