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 |
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 |