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Itron (ITRI) Shares Jump 17.4% This Week on Strong Q2 Earnings and Raised Guidance
svmuu.com31/07/2026 11:40
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Shares of Itron (NASDAQ: ITRI), a global utility technology provider, surged 17.4% this week, trading just below $100 as of Friday. The company reported robust second-quarter earnings, with non-GAAP earnings per share of $1.59, significantly exceeding analyst expectations of $1.29. Itron also raised its full-year guidance, citing strong demand for its products and services, particularly for electric grid stability amidst the ongoing artificial intelligence (AI) infrastructure build-out.
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