SoFi shares rise as record revenue, member growth drive strong Q3 results
Donald L. Reeves III, Senior Vice President of Outcomes at Itron, Inc. (NASDAQ:ITRI), a $5.17 billion market cap company with a GOOD financial health score according to InvestingPro, recently sold 529 shares of the company’s common stock. The transaction, which took place on May 27, 2025, was valued at approximately $60,805, with each share sold at a price of $114.9451. This sale was conducted to cover tax withholding obligations related to the vesting of a restricted stock unit award. Following the sale, Reeves holds 20,151 shares directly. The company maintains strong liquidity with a current ratio of 1.93, and InvestingPro analysis reveals 6 additional key insights about Itron’s financial position. Access the comprehensive Pro Research Report for detailed analysis of this and 1,400+ other top US stocks.
In other recent news, Itron Inc. reported its first-quarter 2025 earnings, revealing an earnings per share (EPS) of $1.52, which exceeded analyst expectations of $1.32. However, the company faced a slight revenue shortfall, reporting $607 million against a forecast of $614.49 million. Despite the revenue miss, Itron achieved a record gross margin of 35.8% and an EBITDA margin of 14.5%. The company also reported a strong backlog of $4.7 billion, with 70% of it being recurring revenue. In corporate developments, Itron announced an increase in authorized shares from 75 million to 150 million, aiming to enhance corporate flexibility. Additionally, shareholders ratified Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year 2025. Analysts from firms such as Oppenheimer and R.W. Baird discussed the impacts of tariffs and regulatory environments during the earnings call, highlighting ongoing challenges and opportunities for the company.
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