Iteris: Q3 Earnings Insights

Iteris (NASDAQ:ITI) reported its Q3 earnings results on Thursday, February 8, 2024 at 04:05 PM. Here’s what investors…

Iteris (NASDAQ:ITI) reported its Q3 earnings results on Thursday, February 8, 2024 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Iteris reported in-line EPS of $0.01 versus an estimate of $0.01.

Revenue was up $1.44 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 0.7% drop in the share price the next day.

Here’s a look at Iteris’s past performance:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate 0.02 -0.01 0.03 -0.05
EPS Actual 0.01 0.05 -0.01 -0.05
Revenue Estimate 41.52M 38.33M 40.47M 37.73M
Revenue Actual 43.56M 43.55M 42.44M 40.69M

To track all earnings releases for Iteris visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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