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Iteris Stock Price, News & Analysis

ITI Nasdaq

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

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) will host a conference call on June 1, 2022, at 4:30 p.m. Eastern time to discuss its financial results for the fiscal fourth quarter and full year ending March 31, 2022. The call will feature CEO Joe Bergera and CFO Douglas Groves, including a Q&A session. Participants can join via a toll-free dial-in or through the live webcast available on Iteris' investor relations page. The company emphasizes its commitment to smart mobility infrastructure management through the ClearMobility Platform.

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0.41%
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Rhea-AI Summary

Iteris, Inc. (NASDAQ: ITI) has been invited to present at the B. Riley Securities 22nd Annual Institutional Investor Conference on May 25-26, 2022, at The Beverly Hilton, Beverly Hills, CA. President and CEO Joe Bergera and CFO Douglas Groves will present on May 26 at 1:40 p.m. PT. They will also participate in one-on-one meetings with investors. The presentation will be webcast live and available for replay via the company's investor relations webpage.

Iteris is recognized for its smart mobility infrastructure management technology, with over 10,000 agencies relying on its solutions.

Rhea-AI Impact
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-9.15%
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conferences
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-5.35%
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Rhea-AI Summary

Iteris, a leader in smart mobility infrastructure, has secured a new task order under a $19.5 million IDIQ contract with the Federal Highway Administration. This task focuses on a multimodal travel assessment to enhance accessibility and interoperability in mobility services. The funding commitment has reached $15.5 million so far. Iteris aims to improve travel options, particularly for underserved populations, aligning its efforts with the US Department of Transportation goals.

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3.1%
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Rhea-AI Impact
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End-of-Day
9.85%
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Rhea-AI Summary

Iteris has secured a $1.5 million subcontract from HNTB Corporation to manage LA Metro's NextGen Countywide Signal Priority System, enhancing transit efficiency and safety for over 10 million residents in LA County. This project, the largest of its kind in the nation, expands Iteris' operational footprint to over 600 signalized intersections. The initiative demonstrates Iteris' commitment to utilizing vehicle-to-infrastructure (V2X) technology for improved public transit systems.

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7.05%
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-6.59%
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Rhea-AI Summary

Iteris has expanded its partnership with Total Traffic & Weather Network (TTWN) to enhance mobility intelligence solutions targeting both public and commercial sectors. This multi-year agreement focuses on addressing the pandemic-induced shifts in traffic patterns by integrating TTWN's traffic incident data with Iteris' ClearMobility™ Cloud. The collaboration aims to provide comprehensive traffic information to various industries, reflecting the increased demand for accurate data as traffic congestion returns to pre-pandemic levels with more variability.

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Rhea-AI Summary

Summary not available.

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2.58%
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Rhea-AI Summary

Iteris, awarded a three-year open-ended on-call contract by the Virginia Department of Transportation (VDOT), aims to enhance transportation safety and mobility in the Mid-Atlantic region. The contract, which has an unlimited ceiling and is renewable for two additional years, involves support for transportation system operations, connected vehicle programs, and integrated corridor management. This deal signals ongoing demand for Iteris' consulting services, potentially opening avenues for federal funding under the Infrastructure Investment and Jobs Act to bolster infrastructure improvements.

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0.71%
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FAQ

What is the current stock price of Iteris (ITI)?

The current stock price of Iteris (ITI) is $7.195 as of February 7, 2025.

What is the market cap of Iteris (ITI)?

The market cap of Iteris (ITI) is approximately 309.5M.

ITI Rankings

ITI Stock Data

309.47M
42.07M
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