NasdaqGS:ITRIElectronic
Should Itron’s Recurring Revenue Growth and Soft Q2 Outlook Prompt Action From Itron (ITRI) Investors?
Itron, Inc. reported past first-quarter 2026 results with revenue of US$586.98 million and net income of US$53.46 million, while issuing second-quarter revenue guidance of US$560 million to US$570 million.
The quarter underscored rapid growth in recurring revenue and meaningful contributions from the Resiliency Solutions segment, even as near-term guidance trailed analyst expectations.
We’ll now examine how strong recurring revenue gains but softer near-term guidance may influence Itron’s...