$ITRI

Itron (ITRI) and PG&E (PCG) are expanding their collaboration to deploy about 3,000 grid edge sensors in high fire-risk areas to improve wildfire prevention and grid reliability. The technology aims to detect and classify faults in real-time, enabling faster response and reducing outages. PG&E plans to scale the deployment to 10,000 devices by 2027 and hundreds of thousands by 2030, with partial funding from the EPIC program.

Itron, Inc. (ITRI) is integrating its 500G and 500W modules with AT&T’s LTE-M network, allowing utilities to remotely collect meter data. This move supports Itron’s cellular AMI strategy, responding to utility needs for flexible connectivity.

Itron launched GEI Catalyst: Feeder Reliability, a solution to help utilities improve grid reliability. It leverages existing infrastructure, reducing outage times by 6-12 minutes (10% SAIDI improvement) and potentially saving $40M-$90M annually for a utility with 1M customers. The solution was validated through projects with North American utilities.

Itron, Inc. (NASDAQ: ITRI) announced it will release Q3 2026 financial results on Oct. 27, 2026, followed by a management conference call. The webcast and replay will be available on the company's website. Itron provides intelligent infrastructure solutions for utilities and cities.

Badger Meter (BMI) reported Q2 revenue of $222.3M, down 6.6% YoY, in line with estimates. Teledyne (TDY) reported $1.66B revenue, up 9.8% YoY, beating estimates. Itron (ITRI) reported $562.9M revenue, down 7.2% YoY, missing estimates. BMI and TDY stocks fell post-results, while ITRI rose. Market focus shifted from AI to geopolitics and back to fundamentals.

Itron Inc. (ITRI) reported Q2 2026 revenue of $563M, down 7% YoY, but raised full-year 2026 revenue guidance to $2.37B-$2.41B. The company expanded into the APAC region with its Riva electricity meters, targeting decentralized power networks. ITRI trades at a forward P/E of 13.40, with 19.96% short interest. Management highlights strong cash flow and margin expansion.

Itron (ITRI) reports Q2 2026 results with adjusted gross margin at 41.4%, ARR up 21% to $417M, and adjusted EBITDA growth of 8%. The company announced a collaboration with Crytica Security to enhance grid security. Despite revenue contraction, ITRI raised full-year non-GAAP EPS guidance to $6.30-$6.50. Institutional sentiment is cautious, with short interest at 19.96% of the float.

Itron (ITRI) reports Q2 2026 revenue of $563M, down 7% YoY, with software ARR up 21% to $417M. Adjusted gross margin expanded to 41.4%, and non-GAAP EPS guidance raised to $6.30–$6.50. The company launched IEE Cloud AI, an AI-enabled software upgrade, aiming to shift towards high-margin, recurring revenue streams. Institutional interest declined, and short interest is elevated at 19.96%.

Itron and Crytica Security have partnered to integrate Crytica's RDAi technology into Itron's Grid Edge Intelligence portfolio. The collaboration aims to enhance cybersecurity and operational visibility for utility grid-edge infrastructure, detecting unauthorized changes and improving device health monitoring. According to the companies, the technology will provide continuous integrity monitoring and alerts for grid-edge devices and applications.

Itron launched its Riva S and Riva T IEC electricity meters in Australia, the first Gen6 devices in the Asia-Pacific region. These meters provide utilities with advanced metrology, high-frequency sampling, and local processing to monitor grid conditions and manage consumer energy resources. The launch aligns with upcoming Australian smart metering rules requiring real-time data communication from 2028.