Brief: Iteris Says Due To Delays In Q2 In Completion Of Software Development Contract With State Of Iowa, Expects To Modify Some Of Financial Terms Of Contract

Iteris

22/10/2021 22:17

Oct 22 (Reuters) - Iteris Inc  ITI.O :
    * ITERIS - DUE TO DELAYS IN Q2 IN COMPLETION OF A SOFTWARE
DEVELOPMENT CONTRACT WITH STATE OF IOWA, EXPECTS TO MODIFY SOME
OF FINANCIAL TERMS OF CONTRACT
    * ITERIS INC - WILL RESULT IN A ONE-TIME PRETAX CHARGE OF
APPROXIMATELY $2.8 MILLION DURING Q2 OF FISCAL 2022

Source: [ID: https://bit.ly/3jMZhSL]
Further company coverage:  ITI.O 

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