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Itron Inc (ITRI.OQ)

ITRI.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Itron Says Entered Into 2nd Amended Credit Agreement Providing For Committed Credit Facilities Of $1.15 Bln
Friday, 12 Jan 2018 

Jan 12 (Reuters) - Itron Inc ::ITRON INC SAYS ON JAN 5, 2018, ENTERED INTO SECOND AMENDED CREDIT AGREEMENT PROVIDING FOR COMMITTED CREDIT FACILITIES OF $1.150 BILLION - SEC FILING.  Full Article

Silver Spring Networks Stockholders Approve Merger With Itron
Thursday, 4 Jan 2018 

Jan 3 (Reuters) - Silver Spring Networks Inc ::SILVER SPRING NETWORKS STOCKHOLDERS APPROVE MERGER WITH ITRON.SILVER SPRING NETWORKS - ABOUT 68 PERCENT OF OUTSTANDING SHARES OF COMMON STOCK VOTED IN FAVOR OF PROPOSAL TO ADOPT MERGER AGREEMENT & APPROVE MERGER​.  Full Article

Itron Prices Offering Of $300 Million Of 5% Senior Notes Due 2026
Saturday, 9 Dec 2017 

Dec 8 (Reuters) - Itron Inc ::ITRON, INC. PRICES OFFERING OF $300 MILLION OF 5.000% SENIOR NOTES DUE 2026.ITRON INC - PRICING OF PRIVATE OFFERING OF $300 MILLION AGGREGATE PRINCIPAL AMOUNT OF 5.000% SENIOR NOTES DUE 2026.  Full Article

Itron Announces Proposed Offering Of $300 Mln Senior Notes Due 2025
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Itron Inc ::ITRON INC ANNOUNCES PROPOSED OFFERING OF $300 MILLION OF SENIOR NOTES DUE 2025.SAYS INTENDS TO USE NET PROCEEDS FROM OFFERING, WITH CASH ON HAND & BORROWINGS UNDER CO'S SENIOR CREDIT FACILITIES, TO FUND SILVER SPRING DEAL.  Full Article

Itron Acquisition Of Silver Spring Networks Clears Antitrust Review
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Silver Spring Networks Inc ::ITRON ACQUISITION OF SILVER SPRING NETWORKS CLEARS ANTITRUST REVIEW.SILVER SPRING NETWORKS INC - BOTH COMPANIES EXPECT TO CLOSE TRANSACTION IN EARLY 2018.  Full Article

Itron reports Q3 non-GAAP earnings per share $0.77
Thursday, 2 Nov 2017 

Nov 1 (Reuters) - Itron Inc :Itron announces third quarter 2017 financial results.Q3 non-GAAP earnings per share $0.77.Q3 GAAP earnings per share $0.65.Q3 revenue $487 million versus I/B/E/S view $526.6 million.Q3 earnings per share view $0.89 -- Thomson Reuters I/B/E/S.Itron - ‍total backlog $1.5 billion and 12-month backlog $847 million at end of quarter , compared with $1.5 billion and $731 million, respectively, in prior year quarter.Itron Inc - ‍anticipates full year 2017 non-GAAP EPS will be at or above low end of prior guidance range​.  Full Article

Itron says entered into amended and restated debt commitment letter
Saturday, 7 Oct 2017 

Oct 6 (Reuters) - Itron Inc :Itron Inc says on October 3, Itron entered into an amended and restated debt commitment letter to refinance in part, acquisition of silver spring​.Says ‍parties committed to provide senior secured credit facilities in amount of $1,102.5 million, unsecured bridge loan facility in amount of $350 million​.  Full Article

Itron said of the total estimated charge from restructuring , more than 90% is expected to result in cash expenditures
Thursday, 1 Sep 2016 

Itron Inc :Of the total estimated charge from restructuring , more than 90% is expected to result in cash expenditures - SEC Filing.  Full Article

Itron Q2 non-GAAP earnings per share $0.65
Thursday, 1 Sep 2016 

Itron Inc : Itron announces second quarter 2016 financial results . Q2 non-gaap earnings per share $0.65 . Q2 gaap earnings per share $0.52 . Q2 revenue $513 million versus I/B/E/S view $478.7 million . Q2 earnings per share view $0.43 -- Thomson Reuters I/B/E/S . Sees FY 2016 non-gaap earnings per share $2.20 to $2.45 . Sees FY 2016 revenue $1.95 billion to $2.0 billion . Announces new restructuring projects; targeting additional annualized cost savings of approximately $40 million . Says total backlog was $1.3 billion and twelve-month backlog was $688 million at end of quarter . Says bookings in quarter totaled $349 million, reflecting a number of diverse bookings in all segments across many customers . Itron Inc says expect to achieve additional annualized cost savings of approximately $40 million by end of 2018 from these projects . Expects to close or consolidate several facilities and reduce its global workforce as a result of restructuring . Itron Inc says updated full year guidance . Expects to file its form 10-Q for Q2 no later than Sept. 12, 2016 . Sees FY 2016 revenue between $1.95 and $2.0 billion . FY 2016 earnings per share view $2.17, revenue view $1.95 billion -- Thomson Reuters I/B/E/S . Expect to incur pre-tax restructuring charges of approximately $55 to $65 million related to these projects.  Full Article

Itron Inc announces Q1 results
Friday, 12 Aug 2016 

Itron Inc : Itron announces first quarter 2016 financial results . Q1 GAAP earnings per share $0.26 . Q1 non-GAAP earnings per share $0.44 . Q1 revenue $498 million versus I/B/E/S view $450.2 million . Itron Inc says expects to file its forms 10-Q for Q1 and Q2 no later than Sept. 12, 2016 . Itron announces first quarter 2016 financial results . Itron Inc says Q1 gross margin of 32.8 percent, an increase of 180 basis points . Says Total Backlog Was $1.5 Bln And Twelve Month backlog was $785 million at end of quarter .Itron inc says bookings in quarter totaled $394 million.  Full Article

BRIEF-Itron Prices Offering Of Additional $100 Mln 5.000% Senior Notes Due 2026

* ITRON, INC. PRICES OFFERING OF ADDITIONAL $100 MILLION OF 5.000% SENIOR NOTES DUE 2026