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$ITRI

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Wire

Itron, Crytica Security Collaborate on Rapid Threat Detection for Grid-Edge Infrastructure

Itron (ITRI) and Crytica Security announced a strategic technology collaboration to advance rapid cyber threat detection and operational visibility across Itron's intelligent grid-edge infrastructure, the companies said Tuesday.The collaboration is designed to integrate Crytica's Rapid Detection, Alert and Isolation, or RDAi, technology into Itron's Grid Edge Intelligence portfolio, the partners said. No financial terms were disclosed.Itron and Crytica Security said their partnership aims to advance grid-edge threat detection and operational awareness by providing cybersecurity monitoring and performance-related alerts.Price: $92.59, Change: $+0.15, Percent Change: +0.17%

$ITRI
Wire

Itron Launches Cloud AI Platform for Utility Meter Data Management

Itron (ITRI) has launched Itron Enterprise Edition Cloud AI, a cloud-based evolution of its meter data management platform, the company said Wednesday.The platform integrates Itron's meter data management capabilities with its Intelligent Edge Operating System to provide standardized access to meter, grid edge, analytics and application data, the company said.The cloud architecture supports use cases including outage insights, grid visibility, anomaly detection, revenue assurance, forecasting and load management, Itron said.IEE Cloud AI will be available globally in January 2027, it said.Price: $92.52, Change: $+0.22, Percent Change: +0.24%

$ITRI
Insider Trading

Itron Insider Sold Shares Worth $994,046, According to a Recent SEC Filing

Justin K Patrick, Senior Vice President, Device Solutions, on September 03, 2026, sold 10,210 shares in Itron (ITRI) for $994,046. Following the Form 4 filing with the SEC, Patrick has control over a total of 22,065 common shares of the company, with 22,065 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/780571/000078057126000216/xslF345X05/form4.xmlPrice: $95.39, Change: $-0.16, Percent Change: -0.17%

$ITRI
Insider Trading

Itron Insider Sold Shares Worth $435,563, According to a Recent SEC Filing

Joan S Hooper, Senior Vice President & CFO, on August 20, 2026, sold 4,406 shares in Itron (ITRI) for $435,563. Following the Form 4 filing with the SEC, Hooper has control over a total of 118,895 common shares of the company, with 118,895 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/780571/000078057126000194/xslF345X05/form4.xmlPrice: $99.07, Change: $-0.97, Percent Change: -0.96%

$ITRI
Wire

Itron Expands Collaboration With Australian Utility Hunter Water

Itron (ITRI) said Tuesday it is expanding its collaboration with Hunter Water, the water utility serving the Lower Hunter region of New South Wales, Australia, to advance its digital metering program.Hunter Water plans to use data to improve water network management and reduce non-revenue water, Itron said, adding that the utility is deploying a variety of meters including Itron Intelis wSource NB-IoT ultrasonic water meters.Itron shares were up about 2% in morning trading.Price: $84.61, Change: $+1.59, Percent Change: +1.92%

$ITRI
Research

Research Alert: CFRA Maintains A Buy Rating On Shares Of Itron, Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We are raising our 12-month target price to $131 (from $123), based on a P/E 20x our 2027 EPS, below ITRI's three- and five-year historical averages of 25x-31x but reflecting improved business quality and structural margin expansion. We are lowering our 2026 and 2027 EPS estimates to $6.01 and $6.58, respectively (from $6.15 and $6.83), due to ITRI's lower-than-expected Q2 guidance and near-term revenue headwinds from project timing volatility, and ongoing acquisition-related dilution. However, we maintain our positive view on the transformation, citing record gross margins, 28% ARR growth, early Resiliency Solutions traction, and 22% Outcomes growth as evidence of execution. We acknowledge the declining backlog and second-half execution risk, and view Q3 guidance as a pivotal moment for investor sentiment. However, with 1H results ahead of internal expectations, we believe the long-term tailwinds from the business mix shift and fundamental improvement in revenue quality outweigh near-term choppiness.

$ITRI
Research

Research Alert: Strong Execution, Softer Outlook: Record Margins Amid Mixed Signals

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Itron's Q1 2026 results beat consensus with revenue of $587M (vs. $572M estimate) despite a 3% decline and non-GAAP EPS of $1.49 (vs. $1.24 estimate), though down $0.03 Y/Y. Record adjusted gross margin expanded 490 bps to 40.7%, fueled by strong execution and projects ahead of schedule. We view these results as validating the business mix evolution, with Outcomes growing 22% to $96M and service revenues surging 30% across all segments, while the new Resiliency Solutions segment contributed $16M. Q2 guidance of $560M-$570M revenue and $1.25-$1.35 EPS came well below consensus of $606M/$1.46, requiring management clarity on project timing explanations. We believe the declining backlog (down 6% to $4.4B) coupled with Networked Solutions revenue declines represent a worrisome double headwind worth monitoring. However, our long-term thesis remains intact as we see the revenue shift toward AI-powered grid analytics as positive, supported by robust $79M free cash flow and accelerating demand in the Outcomes segment.

$ITRI
Wire

Itron Reports Unauthorized System Access, Operations Continue

Itron (ITRI) said in a filing Friday that an unauthorized third party accessed certain systems on April 13, prompting it to activate its cybersecurity response plan and launch an investigation with external advisors.The company said it took steps to contain and remediate the incident, as well as notified law enforcement.No unauthorized activity was observed in customer-hosted systems, according to a filing with the US Securities and Exchange Commission.The company said its operations have continued "in all material respects." The incident will likely have no material impact on the company and any costs incurred are expected to be covered by insurance, Itron added.Price: $87.99, Change: $-0.57, Percent Change: -0.64%

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