Brief: Iteris Reports 14% Revenue Growth Year Over Year For Fiscal Third Quarter 2022

Iteris

03/02/2022 21:44

Feb 3 (Reuters) - Iteris Inc  ITI.O :
    * ITERIS REPORTS 14% REVENUE GROWTH YEAR OVER YEAR FOR
FISCAL
THIRD QUARTER 2022
    * Q3 GAAP LOSS PER SHARE $0.06 FROM CONTINUING OPERATIONS
    * Q3 REVENUE ROSE 14 PERCENT TO $32 MILLION
    * SEES FY REVENUE UP 14 TO 16 PERCENT
    * SEES FY REVENUE $134 MILLION TO $136 MILLION
    * LOWERS ADJUSTED EBITDA GUIDANCE RANGE TO 5% TO 5.4% OF
FISCAL
2022 FULL YEAR REVENUE
    * ALTHOUGH WE ANTICIPATE SUPPLY CHAIN CHALLENGES TO CONTINUE
THROUGH OUR FISCAL Q4, WE EXPECT DOUBLE DIGIT ORGANIC REVENUE
GROWTH
    * FY2022 REVENUE VIEW $135.2 MILLION -- REFINITIV IBES DATA
    * Q3 EARNINGS PER SHARE VIEW $0.01, REVENUE VIEW $32.6
MILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nBw5tMHjca 
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