Iteris, Inc. (ITI)

NASDAQ: ITI · IEX Real-Time Price · USD
3.65
-0.05 (-1.35%)
Feb 1, 2023, 9:38 AM EST - Market open
-1.35%
Market Cap 157.76M
Revenue (ttm) 139.17M
Net Income (ttm) -17.81M
Shares Out 42.64M
EPS (ttm) -0.41
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 22,004
Open 3.50
Previous Close 3.70
Day's Range 3.65 - 3.76
52-Week Range 2.40 - 3.95
Beta 0.98
Analysts Buy
Price Target 4.59 (+25.75%)
Earnings Date Feb 2, 2023

About ITI

Iteris, Inc. provides intelligent transportation systems technology solutions in North America, Europe, South America, and Asia. The company offers smart mobility infrastructure solutions include traveler information systems, transportation performance measurement software, traffic analytics software, transportation operations software, transportation-related data sets, advanced sensing devices, managed services, traffic engineering services, and mobility consulting services. Its products include ClearGuide, ClearRoute, Commercial Vehicle Opera... [Read more]

Sector Technology
CEO J. Bergera
Employees 428
Stock Exchange NASDAQ
Ticker Symbol ITI
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for ITI stock is "Buy." The 12-month stock price forecast is $4.59, which is an increase of 25.75% from the latest price.

Price Target
$4.59
(25.75% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Iteris Sets Fiscal Third Quarter 2023 Conference Call for Thursday, February 2, 2023 at 4:30 p.m. ET

SANTA ANA, Calif.--(BUSINESS WIRE)--Iteris, Inc. (NASDAQ: ITI), the world's trusted technology ecosystem for smart mobility infrastructure management, today announced that it will conduct a conferen...

1 week ago - Business Wire

Iteris Awarded $2.8 Million by San Bernardino County Transportation Authority to Support I-10 Express Lane Initiative

SANTA ANA, Calif.--(BUSINESS WIRE)--Iteris, Inc. (NASDAQ: ITI), the world's trusted technology ecosystem for smart mobility infrastructure management, today announced that it has been awarded a $2.8...

3 weeks ago - Business Wire

Iteris Selected to Provide Network Infrastructure Support at Fort Bend County's New Emergency Operations Center

AUSTIN, Texas--(BUSINESS WIRE)--Iteris, Inc. (NASDAQ: ITI), the world's trusted technology ecosystem for smart mobility infrastructure management, announced that it has been chosen as the prime cons...

2 months ago - Business Wire

North Carolina Department of Transportation Selects Iteris' ClearGuide Solution to Provide Smart Mobility Infrastructure Management

FAIRFAX, Va.--(BUSINESS WIRE)--Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today announced that it has been awarded a four-year contract from the North...

2 months ago - Business Wire

Iteris (ITI) Reports Q2 Loss, Tops Revenue Estimates

Iteris (ITI) delivered earnings and revenue surprises of -325% and 8.83%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Iteris Reports Record Fiscal 2023 Second Quarter Total Revenue of $39.3 Million and Record Total Ending Backlog of $111.8 Million

AUSTIN, Texas--(BUSINESS WIRE)---- $ITI #IoT--Iteris reported financial results for its fiscal second quarter 2023 ended September 30, 2022.

3 months ago - Business Wire

Iteris Awarded $1 Million Extension for Continued Support of Florida Department of Transportation Initiative for Regional Smart Mobility, Safety and Sustainability

TAMPA, Fla.--(BUSINESS WIRE)---- $ITI #BrevardCounty--Iteris has been awarded a $1 million extension to support a Florida Department of Transportation smart mobility, safety and sustainability program...

4 months ago - Business Wire

Iteris Awarded $2.95 Million in New Task Order Funding by Federal Highway Administration to Support Nation's Architecture Reference for Cooperative and Intelligent Transportation

FAIRFAX, Va.--(BUSINESS WIRE)---- $ITI #FHWA--Iteris has received a $2.95 million task order under its IDIQ contract from the Federal Highway Administration (FHWA).

4 months ago - Business Wire

Iteris Awarded General Services Administration's Multiple Award Schedule Contract

FAIRFAX, Va.--(BUSINESS WIRE)---- $ITI #GSA--Iteris announced that it has been awarded a Multiple Award Schedule (MAS) by the General Services Administration (GSA).

5 months ago - Business Wire

Iteris Selected by Virginia Department of Transportation for Connected and Automated Vehicle Initiative

RICHMOND, Va.--(BUSINESS WIRE)---- $ITI #IoT--Iteris awarded a sub-contract by the Virginia Department of Transportation (VDOT) for connected and automated vehicle (CAV) related planning services

5 months ago - Business Wire

New York State Department of Motor Vehicles Awards a Contract for Iteris' Commercial Vehicle Operations SaaS Solution to Improve Safety and Mobility Statewide

AUSTIN, Texas--(BUSINESS WIRE)---- $ITI #IoT--Iteris has been awarded a new contract by the New York State Department of Motor Vehicles for CVIEWplus software-as-a-service (SaaS) solution.

6 months ago - Business Wire

Iteris (ITI) Reports Q1 Loss, Lags Revenue Estimates

Iteris (ITI) delivered earnings and revenue surprises of -120% and 1.79%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Iteris Reports Fiscal 2023 First Quarter Total Revenue of $33.7 Million and Record Ending Total Backlog of $109 Million, Up 36% Year Over Year

AUSTIN, Texas--(BUSINESS WIRE)---- $ITI #IoT--Iteris today reported financial results for its fiscal first quarter 2023 ended June 30, 2022.

6 months ago - Business Wire

Iteris Sets Fiscal First Quarter 2023 Conference Call for Thursday, August 4, 2022 at 4:30 p.m. ET

AUSTIN, Texas--(BUSINESS WIRE)---- $ITI #IoT--Iteris will conduct a conference call on Thursday, August 4 at 4:30 p.m. EDT to discuss its fiscal first quarter ended June 30, 2022.

6 months ago - Business Wire

Iteris Awarded a Multimillion-dollar Contract by Virginia Department of Transportation for Traffic, Traveler and Road Information Program (TTRIP) Services for Statewide Transportation Operations

RICHMOND, Va.--(BUSINESS WIRE)---- $ITI #IoT--Iteris awarded a new contract by the Virginia Department of Transportation (VDOT) for smart mobility, safety and sustainability programs.

7 months ago - Business Wire

Iteris Selected by City of Baton Rouge for Smart Mobility, Safety and Sustainability Initiative

AUSTIN, Texas--(BUSINESS WIRE)---- $ITI #IoT--Iteris has been awarded a $3.2 million-contract by the City of Baton Rouge for a smart mobility, safety and sustainability initiative.

8 months ago - Business Wire

Seattle Department of Transportation Selects Iteris' ClearGuide SaaS Solution for Smart Mobility, Safety and Sustainability Program

SANTA ANA, Calif.--(BUSINESS WIRE)---- $ITI #IoT--Iteris has been awarded a contract from the Seattle Department of Transportation (SDOT) for a smart mobility, safety and sustainability program.

8 months ago - Business Wire

Iteris Clocks 8% Revenue Growth In Q4 Aided By Strong Adoption Of ClearMobility Platform; Plans $10M Buyback

Iteris, Inc (NASDAQ: ITI) reported fourth-quarter FY22 revenue growth of 8% year-on-year to $34.2 million, missing the consensus of $34.7 million. The sustained strong customer adoption of Iteris' Cle...

8 months ago - Benzinga

Iteris (ITI) Reports Q4 Loss, Misses Revenue Estimates

Iteris (ITI) delivered earnings and revenue surprises of -225% and 0.07%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Iteris Announces New $10 Million Stock Repurchase Program

SANTA ANA, Calif.--(BUSINESS WIRE)---- $ITI #IoT--Iteris today announced a new stock repurchase program that permits the purchase of up to $10 million of the Company's common stock.

8 months ago - Business Wire

Iteris Reports Record Full Year 2022 Revenue of $134 Million, Up 14% Year Over Year, and Record Full Year 2022 Bookings of $155 Million, Up 28% Year Over Year

SANTA ANA, Calif.--(BUSINESS WIRE)---- $ITI #IoT--Iteris today reported financial results for its fiscal fourth quarter and full year 2022 ended March 31, 2022.

8 months ago - Business Wire

Iteris Announces Availability of Customizable Enhanced Mobility Data

SANTA ANA, Calif.--(BUSINESS WIRE)---- $ITI #DaaS--Iteris announces the addition of customizable ClearData™ traffic management feeds, adding to its extensive mobility solutions offerings.

8 months ago - Business Wire

Iteris to Participate at Stifel Cross Sector Insight Investor Conference on June 7, 2022

SANTA ANA, Calif.--(BUSINESS WIRE)---- $ITI #IoT--Iteris to participate in the Stifel 2022 Cross Sector Insight Investor Conference on Tuesday, June 7, 2022.

9 months ago - Business Wire