Pulatie-Hahn Laurie Ann sold $18K of ITRI

Viavi Solutions (down 10.9%) had the fastest revenue growth among inspection instruments stocks, while Badger Meter (NYSE:BMI, down 9.3%) reported a 6.6% revenue decline. Itron (NASDAQ:ITRI, up 12.2%) missed revenue estimates but exceeded EBITDA and EPS guidance. Teledyne (NYSE:TDY, down 3.7%) reported a 9.8% revenue increase, beating expectations. Market risks have shifted from AI to geopolitics and back to fundamentals.

Itron shares rose about 17% this week after the company reported strong Q2 results and raised full-year guidance, according to S&P Global Market Intelligence. Itron posted non-GAAP EPS of $1.59 versus $1.29 expected and cited demand for grid stability tied to AI infrastructure build-out. Full-year EPS guidance was raised to $6.40 at the midpoint.

Itron (NASDAQ: ITRI) shares rose about 17.4% this week, after the utility technology company reported strong Q2 results and raised full-year guidance, according to S&P Global Market Intelligence. Non-GAAP EPS was $1.59 versus $1.29 expected. Full-year EPS guidance was raised to $6.40 at the midpoint.

Itron (NASDAQ:ITRI) reported Q2 GAAP net income of $53M, or $1.19/diluted share, versus $68M a year earlier. Non-GAAP operating income rose 8% to $89M and adjusted EBITDA rose 8% to $97M. Q2 revenue by segment: Device Solutions $111M, Networked Solutions $339M, Outcomes $96M, Resiliency Solutions about $16M. Free cash flow was $81M. Backlog was $4.4B. Itron raised full-year non-GAAP EPS to $6.30-$6.50 and narrowed revenue to $2.37B-$2.41B.

Itron (NASDAQ:ITRI) reported Q2 adjusted EPS of $1.59, above the $1.29 estimate, while revenue fell 7.2% to $562.9 million, below the $566.1 million estimate. GAAP diluted EPS declined to $1.19. The company raised fiscal 2026 adjusted EPS guidance to $6.30-$6.50 and set Q3 adjusted EPS of $1.50-$1.60 with revenue $590-$600 million.

Itron (ITRI) shares rose 26.23% to $107.02 after the company reported Q2 results that beat its own EPS expectations and said demand for its services supported performance. Q2 non-GAAP EPS was $1.59 and revenue $563 million. Itron raised its Q3 and full-year 2026 revenue outlook.