Itron Sees FY23 Revenues Of $2.16B-$2.17B Versus Previous Guidance Of $2.11B-$2.14B And Consensus Of $2.11B
Portfolio Pulse from Benzinga Newsdesk
Itron has updated its FY23 revenue guidance to $2.16B-$2.17B, up from the previous guidance of $2.11B-$2.14B and above the consensus of $2.11B.
November 02, 2023 | 12:40 pm
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Itron's updated FY23 revenue guidance is higher than previous estimates and consensus, indicating strong performance.
Itron's updated revenue guidance for FY23 is higher than both its previous guidance and the consensus. This indicates that the company is performing well and expects this strong performance to continue into the future. This news is likely to be viewed positively by investors and could lead to an increase in the company's stock price in the short term.
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