JFrog stock rises as Cantor Fitzgerald maintains Overweight rating after strong Q2
LIBERTY LAKE, Wash. - Itron, Inc. (NASDAQ:ITRI), a provider of energy and water management solutions for utilities and cities with a market capitalization of $5.7 billion, announced Thursday the appointment of Sheri Savage to its board of directors, effective Aug. 11, 2025. According to InvestingPro data, the company maintains a "GREAT" financial health score, supported by strong liquidity and moderate debt levels.
Savage currently serves as senior vice president of finance and CFO at Ultra Clean Holdings (UCT), Inc., a semiconductor capital equipment and manufacturing services provider. She brings more than 30 years of finance experience to Itron’s board, joining at a time when the company has demonstrated robust financial performance with annual revenue of $2.4 billion and a notable 32% stock price increase over the past six months.
Since joining UCT in 2009, Savage has held multiple leadership roles before becoming CFO in 2016, helping guide the company through a period of revenue and earnings growth. Her previous experience includes positions at Credence Systems Corporation, Protiviti and KLA-Tencor Corporation.
"Sheri’s strategic financial leadership, including extensive experience in accounting, treasury, equity, financial planning and analysis, internal audit, investor relations, and mergers and acquisitions, makes her an ideal candidate for Itron’s board of directors," said Diana Tremblay, chair of Itron’s board, according to the company’s press release.
Tom Deitrich, Itron’s president and CEO, noted that Savage’s "depth of experience in senior-level public company finance will be an asset to the board."
Savage expressed that she is "honored to join Itron’s board of directors" and looks forward to helping advance the company’s strategy, including optimizing shareholder value.
Itron provides intelligent infrastructure solutions that help utilities and cities manage energy, water and city services. The company currently trades near its InvestingPro Fair Value, with seven analysts recently revising their earnings expectations upward. For detailed insights and more exclusive tips about Itron’s financial outlook, investors can access the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Itron Inc. reported its second-quarter 2025 earnings, with an earnings per share (EPS) of $1.62, surpassing analyst expectations of $1.32. However, the company’s revenue slightly missed projections, recording $607 million against an expected $609 million. Despite the earnings beat, the market reacted negatively. In related developments, JPMorgan upgraded Itron to Overweight from Neutral and raised its price target to $145, citing strong margins and performance metrics like gross margin and EBITDA exceeding expectations. The company’s bookings grew by 2% year-over-year, maintaining a book-to-bill ratio of 0.75x, consistent with the previous year. Stephens also adjusted its price target for Itron to $130 from $110, maintaining an Equal Weight rating. This adjustment followed Itron’s earnings report, which highlighted record margins despite reduced sales guidance.
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