Iteris (NASDAQ:ITI) reported its Q3 earnings results on Thursday, February 3, 2022 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Iteris missed estimated earnings by 700.0%, reporting an EPS of $-0.06 versus an estimate of $0.01, which surprised analysts.
Revenue was up $3.83 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01, which was followed by a 0.75% increase in the share price the next day.
Here’s a look at Iteris’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.01 | 0.03 | 0 | 0.01 |
| EPS Actual | 0.02 | 0.01 | -0.01 | 0 |
| Revenue Estimate | 33.92M | 32.67M | 31.45M | 29.09M |
| Revenue Actual | 33.25M | 34.09M | 31.71M | 28.17M |
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.
