Iteris: Q3 Earnings Insights

Iteris 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.

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.

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.