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Iteris inc   (ITI)
Other Ticker:  
 
    Sector  Technology    Industry Communications Equipment
 
Price: $4.8000 $0.10 2.128%
Day's High: $4.895 Week Perf: -3.42 %
Day's Low: $ 4.65 30 Day Perf: -6.43 %
Volume (M): 491 52 Wk High: $ 5.49
Volume (M$): $ 2,358 52 Wk Avg: $4.50
Open: $4.65 52 Wk Low: $3.72



 Market Capitalization (Millions $) 210
 Shares Outstanding (Millions) 44
 Employees -
 Revenues (TTM) (Millions $) 170
 Net Income (TTM) (Millions $) 2
 Cash Flow (TTM) (Millions $) 11
 Capital Exp. (TTM) (Millions $) 3

Iteris Inc

Iteris, Inc. is a provider of essential applied informatics that enable smart transportation and digital agriculture. Municipalities, government agencies, crop science companies, farmers and agronomists use our solutions to make roads safer and travel more efficient, as well as farmlands more sustainable, healthy and productive.

As a pioneer in intelligent transportation systems ("ITS") technology for more than two decades, our intellectual property, products, software-as-a-service offerings and weather forecasting systems offer a comprehensive range of ITS solutions to our customers throughout the U.S. and internationally.

In the agribusiness markets, we have combined our intellectual property with enhanced atmospheric, land surface and agronomic modeling techniques to offer smart content solutions that provide analytical support to large enterprises in the agriculture industry, such as seed and crop protection companies, integrated food companies, and agricultural equipment manufacturers and service providers.

We believe our products, solutions and services improve and safely optimize mobility within our communities, while minimizing environmental impact on the roads we travel and the lands we farm.

We continue to make significant investments to leverage our existing technologies and further expand both our advanced detection sensors and performance analytics systems in the transportation infrastructure market, while supporting the entire value chain in the agriculture market with our smart content and digital farming platform.

We currently operate in three reportable segments: Roadway Sensors, Transportation Systems, and Agriculture and Weather Analytics.

The Roadway Sensors segment provides various advanced detection sensors and systems for traffic intersection management, communication systems and roadway traffic data collection applications. The Transportation Systems segment provides engineering and consulting services, performance measurement, regulatory compliance, and traffic analytics solutions, as well as the development of traveler information systems for the ITS industry. The Agriculture and Weather Analytics segment includes ClearPath Weather, our road maintenance applications, and ClearAg, our digital agriculture platform.

 

Roadway Sensors

Our Roadway Sensors segment product line uses advanced image and signal processing technology and other techniques to capture and analyze sensor data through sophisticated algorithms, enabling vehicle, bicycle and pedestrian detection, as well as the transmission of both video images and data using various communication technologies. Our Roadway Sensors products include, among others, Vantage, VantageLive!, VantageNext, VantageRadius, VantagePegasus, Vantage Vector, Velocity, SmartCycle, SmartCycle Bike Indicator, SmartSpan, VersiCam, PedTrax and P-Series products.


Our Vantage detection systems detect vehicle presence at intersections, as well as vehicle count, speed and other traffic data used in traffic management systems. Vantage detection systems typically include up to four of our advanced cameras or radar devices. Our Vantage systems give traffic managers the tools to mitigate roadway congestion by visualizing and analyzing traffic patterns allowing them to modify traffic signal timing to improve traffic flow. Our various software components complement our Vantage detection systems by providing integrated platforms to manage and view detection assets remotely over a network connection, as well as mobile application for viewing anywhere.


Our Vantage Vector video/radar hybrid product is an all-in-one detection sensor with a wide range of capabilities, including stop bar and advanced zone detection, which enable advanced safety and adaptive control applications. Vantage Vector includes all of the benefits of Iteris video detection, including high accuracy, high-availability remote viewing of video images, bicycle and pedestrian detection capability, and dilemma-zone detection.

VantageLive! is a cloud-based platform that allows users to collect, process and analyze advanced intersection data, as well as to view and understand intersection activity.


All of our Vantage systems are available with SmartCycle capability, which can effectively differentiate between bicycles and other vehicles with a single video detection camera, enabling more efficient signalized intersections, improved traffic throughput and increased bicyclist safety. Agencies using bicycle timing can now benefit from bicycle-specific virtual detection zones that can be placed anywhere within the approaching traffic lanes, eliminating the need for separate bicycle-only detection systems.

The SmartCycle Bike Indicator, which leverages the SmartCycle bicycle detection algorithm, is a device that mounts onto traffic signals and illuminates when cyclists waiting at an intersection have been detected, allowing cyclists to avoid interacting with vehicle traffic to push pole-mounted buttons.

Our Vantage systems are also available with the PedTrax capability, which provides bi-directional counting and speed tracking of pedestrians within the crosswalk to help improve signal timing efficiency, as well as providing an additional data stream to existing vehicle and bicycle counts.


VersiCam, our integrated camera and processor video detection system, is a cost-efficient video detection system for smaller intersections that require only a few detection points.
We believe that future growth domestically and internationally, will be dependent in part on the continued adoption of above-ground video detection technologies, instead of traditional in-pavement loop technology, to manage traffic.

We also sell certain complementary original equipment manufacturer ("OEM") products for the traffic intersection market, which include, among other things, traffic signal controllers and traffic signal equipment cabinets.



   Company Address: 1250 S. Capital of Texas Hwy., Building 1 Austin 78746 TX
   Company Phone Number: 382-9669   Stock Exchange / Ticker: NASDAQ ITI
   


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BWXT   -2.37%    
GD        1.07% 
LMT   -0.39%    
NOC        0.77% 
OSIS        1.04% 
TXT        1.52% 
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Iteris Inc

Iteris Inc Experiences Surprising Revenue Surge in Fiscal Q3 2024

Iteris Inc (NASDAQ: ITI) faces significant headwinds that could impact its future performance and stock price. Despite reporting a positive bottom line in the fiscal third quarter of 2024, with EPS remaining steady and revenue growth, there are several factors that suggest a bearish outlook for the company.
Firstly, while the company may have seen improvement in its financial metrics, the overall industry trends suggest challenges ahead. Many companies in the Communications Equipment sector are struggling with receding orders and declining revenue. The fact that Iteris Inc's stockpiles have increased due to seasonal factors and that accounts receivable have declined raises concerns about slowing demand. This could ultimately have a negative impact on the company's future financial performance.

Product Service News

Iteris Launches Cutting-Edge Integrated Detection and Connected Vehicle System for Safety Applications

Published Wed, Dec 13 2023 1:30 PM UTC


Iteris Launches Cutting-Edge Integrated Detection and Connected Vehicle System for Safety Applications
Iteris Inc. continues to revolutionize the smart mobility infrastructure management industry with its latest launch of Vantage CV. The integrated detection and connected vehicle (CV) system for safer intersections sets a new standard in advanced safety features and...

Iteris Inc

Iteris Inc shines as second quarter of 2024 earnings season yields positive income once again!

Over the past week, shares of Iteris Inc, a company traded on the NASDAQ, experienced a decline of -4.49%. This drop contributes to a year-to-date performance increase of 38.89%. Currently, the stock is trading 3% above its 52-week average.
Looking at the second quarter of the 2024 earnings season, Iteris Inc showed positive profitability. The company reported earnings of $0.01 per share, compared to a loss of $-0.17 per share during the same period the previous year. However, there was a significant decrease in earnings per share (EPS) by -80% from the preceding quarter's $0.05 per share.

Iteris Inc

Iteris Inc's Remarkable Revenue Growth of 27.136% and Turnaround Sends Shockwaves through the Communications Equipment Sector

The remarkable performance of Communications Equipment company, Iteris Inc, in recent months has astounded investors and market analysts alike. With a staggering revenue improvement of 27.136% to $42.80 million, the company has not only achieved profitability but also surpassed expectations. Comparing this to the previous year's figures, where earnings per share stood at $0.05 as opposed to a loss of $-0.11, further highlights Iteris Inc's triumphant turnaround.
This significant growth is particularly noteworthy within the context of the broader Communications Equipment sector. While others in the industry experienced a contraction of 7.25% in their top-line, Iteris Inc emerged as a beacon of success. The company's ability to outperform its peers has undoubtedly come as a revelation to many, leaving them eager to explore how these achievements were made possible.

Iteris Inc

Dramatic Revenue Boost Overshadows Diminishing Returns at Iteris Inc During Q1 2023


Introduction:
Iteris Inc, a Communications Services company, has reported improved financial results for the January to March 31, 2023 period compared to the previous year. However, a closer analysis reveals concerning trends that suggest the company may still be struggling. Despite growth in revenue, the persistent loss per share, widening net loss, and a decline in share price indicate underlying issues that investors should be aware of.
Financial Performance:
For the January to March 31, 2023 period, Iteris Inc reported a loss per share of $-0.01, a slight improvement from the loss of $-0.07 per share the previous year. Despite this improvement, the loss per share remains negative, indicating a continued lack of profitability. Additionally, net loss widened from $-3.114 million to $-0.544 million, further raising concerns about the company's ability to generate sustainable profits.






 

Iteris Inc's Segments
 
 
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