- Noting record gains across all business lines, Iteris (NASDAQ:ITI +19.4%) anticipates FQ1 revenue of $23.5M-$24.5M (28%-33% Y/Y), along with a lift in operating income.
- Iteris president and CEO Joe Bergera: “We are pleased to demonstrate continued strong acceleration across all our business segments. Iteris is focused on two large end-markets with substantial growth potential. Over the past few quarters, we have put in place a strong foundation to capitalize on the powerful secular trends in both our transportation and agriculture markets.”
- Final results are due on August 4.