Iteris ITI reported its Q2 earnings results on Thursday, November 9, 2023 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Iteris missed estimated earnings by 50.0%, reporting an EPS of $0.01 versus an estimate of $0.02.
Revenue was up $4.30 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 8.63% increase in the share price the next day.
Here's a look at Iteris's past performance:
| Quarter | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.01 | 0.03 | -0.05 | -0.03 |
| EPS Actual | 0.05 | -0.01 | -0.05 | -0.17 |
| Revenue Estimate | 38.33M | 40.47M | 37.73M | 36.05M |
| Revenue Actual | 43.55M | 42.44M | 40.69M | 39.26M |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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