|Bid||5.48 x 900|
|Ask||5.50 x 800|
|Day's Range||5.42 - 5.61|
|52 Week Range||3.24 - 5.73|
|Beta (3Y Monthly)||0.91|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jun 16, 2017 - Jun 19, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||8.10|
Activities to Encourage State-Level Interoperability and Preparedness for Connected and Automated Vehicles
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
Albeck Gerken will operate as a wholly owned subsidiary of Iteris, with the former Albeck Gerken employees being aligned with Iteris’ Transportation Systems business segment. “We are excited to complete this transaction and move forward with the process of integrating Albeck Gerken into the Iteris family,” said Ramin Massoumi, senior vice president and general manager, Transportation Systems at Iteris.
Iteris, Inc. (ITI), the global leader in applied informatics for transportation and agriculture, today announced that it has been awarded a two-year contract by the Wyoming Department of Transportation (WYDOT), continuing its support of the state’s 511 service and maintaining its position as a market leader in the nationwide traveler information system market, with a 25% share.
Iteris received all of the proceeds from the offering less underwriting discounts and commissions, and other offering expenses payable by the Company. Iteris intends to use the net proceeds from the offering to fund the cash purchase price of a planned acquisition and for general corporate purposes, including possible additional future acquisitions. The securities described above were offered by Iteris pursuant to the Company’s shelf registration statement on Form S-3 (File No. 333-220305) that was declared effective by the Securities and Exchange Commission (“SEC”) on September 21, 2017.
New Initiatives will Improve Traffic Management in Major California Central Valley City
Iteris has granted the underwriters a 30-day option to purchase at the public offering price, less the underwriting discount, up to an additional 806,452 shares of common stock. All shares of common stock to be sold in the offering will be offered by Iteris.
Under the terms of the agreement, Iteris will acquire Albeck Gerken for a total purchase price of $10.7 million to be paid in cash and stock, with the ability for key principals to realize an additional $2.3 million in other incentives over three years from the date of close. For the fiscal year ending December 31, 2018, Albeck Gerken’s audited GAAP revenue was $8.1 million and EBITDA was $2.0 million. Albeck Gerken has developed a reputation for exceptional traffic operations engineering and consulting expertise, particularly in Florida, which is one of the most robust markets in the U.S. for smart transportation, with the Florida Department of Transportation (FDOT) having committed $49.9 billion of investment over a five-year period.
Iteris expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock sold in the proposed offering. All shares of common stock to be sold in the proposed offering will be offered by Iteris. Iteris intends to use the net proceeds from the offering to fund the cash purchase price for a planned acquisition and for general corporate purposes, including possible additional future acquisitions.
Iteris (ITI) delivered earnings and revenue surprises of 33.33% and 8.96%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
The Santa Ana, California-based company said it had a loss of 7 cents per share. Losses, adjusted for non-recurring costs, came to 4 cents per share. The vehicle detection and traffic control company posted ...
NEW YORK, NY / ACCESSWIRE / June 3, 2019 / Iteris, Inc. (NASDAQ: ITI ) will be discussing their earnings results in their 2019 Fourth Quarter Earnings to be held on June 3, 2019 at 4:30 PM Eastern Time. ...
Don't be caught off-guard: Iteris (NYSE: ITI ) releases its next round of earnings this Monday, June 3. Want to skip the homework and get all the facts in one place? We thought so. Here is your everything-that-matters ...
Throughout the week, Iteris will be providing in-booth demonstrations of Iteris SPM™, the foundation of Iteris’ intersection-as-a-service™ offering, as well as its multimodal intersection analytics software, VantageLive!™, and its newly unveiled mobility intelligence platform. Iteris will also be showcasing the next generation of video detection equipment for vehicle, bicycle and pedestrian presence detection, built on Iteris’ Vantage Next® platform, as well as other smart mobility solutions.
ClearAg Precision Weather Data Will Help Agronomists and Farmers Using FieldApex Reach the Most Profitable Nitrogen Rate
Iteris (ITI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The panel will be hosted by Paul Misener, vice president for global innovation and policy at Amazon, and will explore how new forms of intelligent mobility are transforming how we move people, data and freight.
Iteris, Inc. , the global leader in applied informatics for transportation and agriculture, has been invited to present at the 20th Annual B. Riley FBR Institutional Investor Conference being held May 22-23, 2019 at the Beverly Hilton Hotel in Beverly Hills, California.
New $2 Million Contract Expected to Expand the Company’s Market Penetration in Texas
Iteris, Inc. (ITI), the global leader in applied informatics for transportation and agriculture, today announced that its intersection detection and related traffic management products have been certified for purchase under the newly reinstated Texas SmartBuy contract 550-A2, administered by the Statewide Procurement Division of the Texas Comptroller of Public Accounts. SmartBuy contract 550-A2, which was just renewed, administers the purchase of traffic control devices, markers and delineators for the Texas Department of Transportation, as well as local agencies across the state of Texas.