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Iteris Stock Price, News & Analysis

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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.

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Iteris, Inc. has secured a $2.9 million one-year contract with CAI to provide traffic operations support services for the Virginia Department of Transportation (VDOT). This contract includes the deployment of Iteris’ ClearAsset® asset management software and ongoing support, with options for two additional one-year extensions.

The partnership aims to enhance operational efficiency by consolidating over 15,000 Intelligent Transportation System (ITS) assets and adding an estimated 12,000 signal assets across 3,200 intersections. Iteris will also manage asset performance, contractor performance, and lifecycle analysis, ultimately improving traffic management and sustainability in Virginia.

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Iteris, Inc. (NASDAQ: ITI) is set to participate in the EF Hutton Global Conference on May 10-11, 2023, at The Plaza Hotel in New York City. The company's President and CEO, Joe Bergera, along with CFO Kerry Shiba, will host one-on-one investor meetings on May 11.

Iteris is recognized for its innovative ClearMobility® Platform, providing cloud-enabled solutions for smart mobility infrastructure management. Trusted by over 10,000 public agencies and enterprises, Iteris aims to enhance mobility through cutting-edge technology.

For inquiries or to schedule meetings, contact your EF Hutton representative or reach out to MKR Investor Relations at ITI@mkr-group.com.

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Iteris has secured a four-year contract with the Minnesota Department of Transportation for the $377 million I-494 Improvement Project. The initiative aims to enhance traffic management around the Minneapolis area, focusing on the I-494 corridor leading to the Minneapolis−Saint Paul International Airport. Key features include the installation of new E-Z Pass HOV lanes, the reconstruction of multiple interchanges, and the building of new bridges and retaining walls. Iteris will employ its ClearGuide® SaaS solution to monitor traffic flow and mitigate delays during construction. This project represents the third use of ClearGuide for performance-based traffic management in highway projects. The goal is to improve safety and mobility in a region that has seen rising roadway accidents, particularly in work zones.

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Iteris, Inc. (NASDAQ: ITI) has been awarded a five-year contract valued at up to $10 million by the National Highway Institute to enhance transportation safety through comprehensive training programs. The project will leverage the expertise of Iteris in modern intersection design and federal aid systems, improving the skills of transportation professionals at various government levels across the United States.

Iteris has a long-standing partnership with NHI, dating back to 2002, having developed over 20 courses and conducted more than 1,000 instructional sessions. The training will utilize best practices and real-world applications to foster safer transportation systems nationwide.

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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.
Iteris

Nasdaq:ITI

ITI Rankings

ITI Stock Data

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