Itron’s Revenue Dips by 9% in Q1 2022; Margins Reduce Due to Component Constraints

Itron's net income decreased by 93% YoY to $900,000 during the quarter

May 4, 2022

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Itron, a U.S.-based energy and water resource management solutions provider, reported a revenue of $475.3 million for the first quarter (Q1) of 2022, a 9 % year-over-year (YoY) decrease compared to $519.6 million reported in Q1 2021.

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Gourav Mishra

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Itron’s Revenue Dips by 9% in Q1 2022; Margins Reduce Due to Component Constraints

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