Jumps Itron after Profit Beat and Upbeat Outlook

Itron (ITRI) shares surged 22% on Tuesday after the smart-meter maker beat profit estimates and gave an upbeat profit. The company reported adjusted earnings of $1.59 per share, beating analysts' estimates by $0.30 Revenue fell 7.2% year over year to $563M, missing

Itron (ITRI) shares surged 22% on Tuesday after the smart-meter maker beat profit estimates and gave an upbeat profit.

The company reported adjusted earnings of $1.59 per share, beating analysts’ estimates by $0.30

Revenue fell 7.2% year over year to $563M, missing expectations

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