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Iteris Inc. - ITI STOCK NEWS

Welcome to our dedicated news page for Iteris (Ticker: ITI), a resource for investors and traders seeking the latest updates and insights on Iteris.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Iteris's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Iteris's position in the market.

Rhea-AI Summary
Iteris, Inc. (NASDAQ: ITI) announces Carson City's upgrade to Vantage Apex hybrid sensors for improved intersection safety and mobility. The sensors feature AI algorithms for vehicle, pedestrian, and cyclist detection, along with HD video display. The upgrade aims to enhance safety, mobility, and sustainability in Carson City by providing critical infrastructure data to connected and automated vehicles.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.68%
Tags
AI
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Rhea-AI Summary
Iteris, Inc. (NASDAQ: ITI) has been awarded a $900,000 contract by the Port of Long Beach for an 18-month multimodal transportation study. The study aims to enhance safety and efficiency for various transportation modes, including trucks, rail, transit, bicyclists, and pedestrians, within the Port. Iteris will lead a team of partner firms to provide comprehensive services and coordinate future Port development and infrastructure improvements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.65%
Tags
none
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Rhea-AI Summary
Iteris, Inc. (NASDAQ: ITI) secures a $9.6 million contract with the Orange County Transportation Authority for a countywide traffic signal synchronization project. The project aims to enhance efficiency, safety, and sustainability across Orange County, California, by leveraging Iteris' ClearGuide® SaaS solution. This initiative marks a significant step towards data-driven decision-making and showcases OCTA's commitment to safety and sustainability in transportation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.74%
Tags
none
Rhea-AI Summary
Iteris, Inc. (NASDAQ: ITI) launches ClearGuide Signal Trends, a probe data-based solution to enhance signal performance without infrastructure reliance. The solution provides real-time performance data, anomaly detection, and prioritized signal retiming, leveraging cloud-connected vehicle data.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.91%
Tags
none
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Rhea-AI Summary
Iteris, Inc. (NASDAQ: ITI) secures a one-year contract from the South Dakota Department of Transportation to enhance the 511 traveler information system. The contract includes new features such as county and tribe road closure updates and automation of state highway network map updates. Iteris will also provide operation and maintenance services for the system, website, mobile apps, and interactive voice response number.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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Rhea-AI Summary
Iteris, Inc. (NASDAQ: ITI) secures a $3 million contract with the Texas Department of Transportation San Antonio District for smart mobility and traffic engineering services, marking their third contract with a total value of $8 million in the last six years. The agreement includes developing construction plans and deploying various smart infrastructure solutions to reduce congestion, enhance safety, and promote sustainability in the twelve-county area.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.48%
Tags
none
Rhea-AI Summary
Iteris, Inc. (NASDAQ: ITI) secures a $1 million contract from Ventura County Transportation Commission for its ClearGuide solution to enhance mobility analytics and traffic volume data in the region, utilizing AI-powered technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.6%
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none
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Rhea-AI Summary
Iteris, Inc. (NASDAQ: ITI) secures a new contract with the Virginia Department of Transportation for a smart mobility initiative. The contract involves developing a Traffic Operations Strategic Plan (TOSP) to enhance safety, accessibility, and efficiency statewide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.39%
Tags
none
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Rhea-AI Summary
Iteris, Inc. (ITI) secures $2 million in contracts from the Federal Highway Administration for training programs aimed at improving transportation safety and mobility nationwide. The five-year deal highlights Iteris' expertise in developing and delivering educational courses for transportation professionals over two decades.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.97%
Tags
none
Rhea-AI Summary
Iteris, Inc. (NASDAQ: ITI) secures a $900,000 contract with the City of Downey in Los Angeles County, California for a regional smart mobility project. The project aims to improve traffic flow for bus transportation by installing technology to enable buses to request priority at signalized intersections. This initiative is part of Iteris' Intelligent Transportation Systems (ITS) Build initiative, offering specialized ITS installation services for traffic sensors and other hardware, with benefits including streamlined procurement, accelerated implementation, and cost savings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.26%
Tags
none
Iteris Inc.

Nasdaq:ITI

ITI Rankings

ITI Stock Data

200.96M
35.64M
2.07%
51.04%
0.49%
Other Communications Equipment Manufacturing
Manufacturing
Link
United States
Santa Ana

About ITI

iteris, inc. (nasdaq: iti) is the global leader in applied informatics for transportation and agriculture, turning big data into big breakthrough solutions. we collect, aggregate and analyze data on traffic, roads, weather, water, soil and crops to generate precise informatics that lead to safer transportation and smarter farming. municipalities, government agencies, crop science companies, farmers and agronomists around the world use our solutions to make roads safer and travel more efficient, as well as farmlands more sustainable, healthy and productive. visit www.iteris.com for more information.