Itron Inc. Reveals 52% Rise In Q4 Bottom Line

(RTTNews) - Itron Inc. (ITRI) reported a profit for its fourth quarter that rose compared to the same period last year.

The company said its bottom line rose to $26.41 million, or $0.68 per share. This was higher than $17.37 million, or $0.45 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 0.1% to $495.71 million. This was down from $496.45 million last year.

Itron Inc. earnings at a glance:

-Earnings (Q4): $26.41 Mln. vs. $17.37 Mln. last year. -Earnings Growth (Y-o-Y): 52.0% -EPS (Q4): $0.68 vs. $0.45 last year. -EPS Growth (Y-o-Y): 51.1% -Revenue (Q4): $495.71 Mln vs. $496.45 Mln last year. -Revenue Change (Y-o-Y): -0.1%