STOCK TITAN

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.

Iteris, Inc. (ITI) delivers transformative data solutions for transportation networks and agricultural operations through advanced analytics. This news hub provides investors and industry professionals with direct access to official corporate announcements, financial updates, and operational developments.

Stay informed about ITI's latest innovations in traffic management systems, environmental sensing technologies, and farm optimization tools. Our curated collection includes earnings reports, strategic partnerships, product launches, and regulatory filings – all essential for understanding the company's market position.

Key updates cover transportation safety initiatives, precision agriculture advancements, and smart city infrastructure projects. Bookmark this page for real-time access to verified information about ITI's data-driven solutions that enhance mobility efficiency and agricultural sustainability.

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
Rhea-AI Sentiment
End-of-Day
-9.15%
Tags
conferences
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.35%
Tags
none
-
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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.1%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.85%
Tags
none
-
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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.05%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.59%
Tags
none
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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
partnership
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.58%
Tags
none
-
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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.71%
Tags
none
Rhea-AI Summary

Iteris, selected by the University of Michigan’s Transportation Research Institute, will participate in a $20 million U.S. Department of Transportation-funded project focused on enhancing connected vehicle safety. Over three years, Iteris will deploy its Vantage Fusion technology at more than 20 intersections in Ann Arbor, Michigan. This initiative aims to demonstrate significant safety benefits via vehicle-to-everything (V2X) systems, involving partnerships with industry leaders such as Ford, Toyota, and Qualcomm.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.36%
Tags
none

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.
Iteris

Nasdaq:ITI

ITI Rankings

ITI Stock Data

309.47M
42.07M
2.26%
53.91%
1.51%
Communication Equipment
Communications Equipment, Nec
Link
United States
AUSTIN