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Iteris: Q3 Earnings Insights

Iteris (NASDAQ:ITI) reported its Q3 earnings results on Thursday, February 3, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Iteris missed estimated earnings by 700.0%, reporting an EPS of $-0.06 versus an estimate of $0.01, which surprised analysts.

Revenue was up $3.83 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01, which was followed by a 0.75% increase in the share price the next day.

Here's a look at Iteris's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.01 0.03 0 0.01
EPS Actual 0.02 0.01 -0.01 0
Revenue Estimate 33.92M 32.67M 31.45M 29.09M
Revenue Actual 33.25M 34.09M 31.71M 28.17M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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