Iteris Inc (OQ:ITI)

Sector:  Technology Industry:  Communications & Networking
 
See Regulatory Filings on SEC
Company Contact
Address: 1250 S. Capital Of Texas Hwy.
Bldg. 1, Suite 330
AUSTIN TX 78746
Tel: 1-213-2775550
Website: https://www.iteris.com
IR: See website
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Key People
J. Joseph Bergera
President, Chief Executive Officer, Director
Kerry A. Shiba
Chief Financial Officer, Senior Vice President, Treasurer, Secretary
Todd Kreter
Senior Vice President, Chief Technology Officer
William M. Cousins
Senior Vice President, Chief Product Officer
   
Business Overview
Iteris, Inc. is a provider of smart mobility infrastructure management solutions. The Company offers its solutions for public and private sectors customers primarily located in North America, which 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. It offers a range of software solutions, such as ClearGuide, ClearRoute, BlueArgus, TrafficCarma, Vantage Fusion, Vantage Apex, Vantage Fusion, Vantage Next, Vantage Vector, VantagePegasus, SmartCycle Bike Indicator, SmartSpan, VersiCam, PedTrax, BlueTOAD Spectra, BlueTOAD Spectra RSU and P-Series products. Its BlueARGUS is a software-as-a-service solution that collects, analyzes, and visualizes various information related to travel times, speeds, and origin-destination from its BlueTOAD Spectra sensors.
Financial Overview
For the nine months ended 31 December 2023, Iteris Inc revenues increased 14% to $129.2M. Net income totaled $3M vs. loss of $14.3M. Revenues reflect Product revenues increase of 17% to $70.2M, Service revenues increase of 10% to $59M. Net Income reflects Restructuring charges decrease from $707K (expense) to $0K, Amortization of deferred financing costs increase from $332K (expense) to $109K (income).
Employees: 450 as of Mar 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $175.76M as of Dec 31, 2023
Annual revenue (TTM): $171.68M as of Dec 31, 2023
EBITDA (TTM): $6.22M as of Dec 31, 2023
Net annual income (TTM): $2.49M as of Dec 31, 2023
Free cash flow (TTM): $10.32M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 42,908,024 as of Feb 2, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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