Iteris, Inc. (NASDAQ:ITI) is reporting first quarter financial results on Tuesday 4th August 2020, after market close.
According to analysts surveyed by Thomson Reuters, ITI is expected to report 1Q21 loss of $ 0.03 per share from revenue of $ 28.28 million.
For the full year, analysts anticipate top line of $ 117.72 million, while looking forward to income of $ 0.02 per share bottom line.
Previous Quarter Performance
Iteris, Inc. disclosed income for the fourth quarter of $ 0.04 per share, from the revenue of $ 30.89 million. The quarterly revenues improved 18.40 percent compared with the same quarter last year. Street analysts expected Iteris, Inc. to report loss of $ 0.01 per share on revenue of $ 31.06 million for the fourth quarter. The bottom line results beat street analysts by $ 0.05 or 500.00 percent, at the same time, top line results fell short of analysts by $ 0.17 million or 0.55 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of ITI was $ 4.75, representing a 128.37 % increase from the 52 week low of $ 2.08 and a 29 % decrease over the 52 week high of $ 6.69.
The company has a market capital of $ 194.34 million and is part of the Technology sector and Communication Equipment industry.
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Conference Call
Iteris, Inc. will be hosting a conference call at 4:30 PM eastern time on 4th August 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.iteris.com
Iteris, Inc. provides intelligent transportation systems technology solutions worldwide. The companys Roadway Sensors segment offers sensors and systems for traffic intersection management, communication systems, and roadway traffic data collection applications.
