Itron Inc - $ITRI STOCK NEWS

Itron, Inc. enhances its Temetra® platform in Australia and New Zealand by adding NB-IoT communications, enabling water utilities to streamline operations and maximize business value. The platform provides comprehensive meter data processing, analytics, and validation, allowing utilities to remotely read water meters, reduce costs, and prioritize maintenance. Temetra supports various communication protocols, providing utilities with interoperability and flexibility for digital transformation.

Itron, Inc. (NASDAQ: ITRI) is teaming up with Cairns Regional Council in Australia to implement Itron’s intelligent connectivity and analytic solution to modernize the water distribution system. The initiative includes deploying Intelis® wSource NB-IoT water meters and Itron’s unified Temetra® NB-IoT digital platform over the next three years as part of the Council’s water security plan. The collaboration focuses on harnessing technology to identify water leaks, improve customer experience, extend meter life, and reduce costs. This project builds upon a previous phase of the smart water network project, demonstrating Itron's advanced solutions in addressing operational challenges related to water.

Itron, Inc. (ITRI) will release financial results for the quarter ended March 31, 2024, on May 2, 2024. The company's press release and financial statements will be available on their website. A management conference call will follow to discuss the results.

Itron, Inc. (NASDAQ: ITRI) partners with Bangladesh Rural Electrification Board (BREB) to deploy Advanced Metering Infrastructure (AMI) solution, enhancing operational efficiency and customer service in Bangladesh.

Itron, Inc. introduces its innovative Low Voltage Distributed Energy Resource Management Solution (LV DERMS) for Australian utilities at the Energy Networks Conference. The solution aims to manage Consumer Energy Resources like rooftop solar and battery storage to maintain network stability amidst the energy transition challenges in Australia.

Itron, Inc. announces the deployment of 2 million Gen™5 Riva™ distributed intelligence-enabled electric smart meters by Xcel Energy, a major U.S. electric and natural gas company. This deployment aids Xcel Energy in providing cleaner, safer, and more reliable energy to nearly 3.7 million customers across eight states, helping them achieve their carbon reduction goals. The meters are connected to Itron's Advanced Metering Infrastructure network, enhancing grid management and operational efficiency.

Coopesantos R.L. becomes the first rural utility in Costa Rica to fully implement Itron's smart metering solution, enhancing grid efficiency and reliability. The project included connecting over 50,000 smart meters with Itron's Advanced Metering Infrastructure (AMI) network, providing benefits like power outage alerts, reduced carbon footprint, and increased client satisfaction.

Itron, Inc. (ITRI) will host an Investor Day at Nasdaq MarketSite to discuss its strategy, operational focus, and long-term financial goals. The event will be live webcasted on March 12, 2024.

Itron, Inc. acquires Elpis Squared to enhance Grid Edge Intelligence portfolio, providing utilities with innovative solutions for grid planning, operations, and engineering. The acquisition aims to accelerate the energy transition by enabling utilities to optimize and manage energy distribution more efficiently. Elpis Squared brings expertise in real-time grid edge data integration, enhancing distribution grid modeling and analysis for improved performance metrics. The acquisition is set to benefit utilities by streamlining scenario planning, improving asset planning, enhancing wildfire prevention, and mitigation efforts.