Itron Now Accepting Nominations for Seventh Annual Itron Innovator Award
Itron, Inc.
Award Recognizes Itron Customer Driving Innovation with Itron's Solutions
LIBERTY LAKE, Wash., May 06, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), a global leader revolutionizing energy and water management for utilities and cities, which is innovating new ways for utilities and cities to manage energy and water, is now accepting nominations for the 7th annual Itron Innovator Award. The award will recognize an Itron utility or city customer that has taken advantage of Itron's partner enablement program to deliver an innovative solution that improves resource efficiency, enhances safety and fosters community connectivity. The winner will be announced at Itron Inspire 2025, Itron's premier customer-focused event, which takes place Oct. 24-30 in Orlando, Florida. The deadline for nominations is Monday, June 30, 2025.
The nominated customer and their solution should either be in a pilot phase, deployed in the field or generating quantifiable outcomes. Additionally, successful integration with an Itron solution—whether networks, back-office software, or our distributed intelligence platform—is a key criterion for consideration.
In 2024, the award was presented to Hydro One, Ontario's largest electricity provider, for its technology initiatives that leveraged Itron's Distributed Intelligence (DI) applications available through the Itron Enterprise Application Center and Distribution Automation (DA) solutions to assist with its grid modernization initiatives. For a list of all the previous award winners, visit the award landing page.
'Our customers continue to pioneer new solutions, leveraging the innovations made possible through our partner enablement program. To showcase what's possible and to recognize our customers' abilities to solve challenges in energy, water and smart city management, we are thrilled to accept nominations for this year's Itron Innovator Award,' said Christina Haslund, head of partner management at Itron.
Itron's robust partner ecosystem plays a pivotal role in delivering innovative solutions. Through Itron's ecosystem and partner network, cities and utilities can benefit from cutting-edge solutions to address vital business, operational and community challenges, fostering resourceful and vibrant communities for generations to come.
Submit an Itron customer project here by June 30, 2025.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Insider
21 minutes ago
- Business Insider
Upcoming Stock Splits This Week (June 9 to June 13)
These are the upcoming stock splits for the week of June 9 to June 13, based on TipRanks' Stock Splits Calendar. A stock split is a corporate maneuver that increases the number of shares outstanding by issuing more shares to existing holders, all while keeping the company's total market value unchanged. This lowers the price per share, often making the stock more affordable and potentially more appealing to retail investors. Confident Investing Starts Here: In contrast, a reverse stock split reduces the number of shares by consolidating them, which raises the price per share without affecting the company's valuation. Companies typically turn to this strategy to meet stock exchange requirements – like Nasdaq's minimum price threshold – and avoid delisting. Whether intended to boost investor interest or maintain compliance with exchange rules, these adjustments often serve as key signals for traders tracking a company's strategic direction. Let's take a look at the upcoming stock splits for the week. Nektar Therapeutics (NKTR) – Nektar Therapeutics is a biopharmaceutical company developing novel drug candidates. Following stockholder approval on May 23, the company formalized a 1-for-15 reverse stock split. The split takes effect on June 8, with trading on a split‑adjusted basis beginning June 9. Fangdd Network Group (DUO) – China-based Fangdd is a technology-driven real estate platform. The company confirmed a 16-for-1 reverse share consolidation, effective June 9, aimed at boosting its share price and maintaining compliance with listing standards. Bone Biologics (BBLG) – Bone Biologics develops orthobiologic products for spinal fusion procedures. After gaining shareholder approval on May 30, the company filed for a 1-for-6 reverse stock split, which takes effect on June 10. The goal is to elevate its share price back into compliance with Nasdaq's minimum pricing rules and enhance its appeal to institutional investors. Cero Therapeutics Holdings (CERO) – Cero Therapeutics is a biotech firm developing engineered T-cell immunotherapies for cancer. Following shareholder approval in November and board action on December 25, it enacted a 1-for-100 reverse stock split effective on January 8, consolidating every 100 shares into one. The move aimed to boost the stock above $1.00 and secure compliance with Nasdaq's listing standards. Inuvo, Inc. (INUV) – Inuvo specializes in AI-powered marketing technologies and is gearing up for a 1-for-10 reverse stock split on June 10. The move is designed to lift its share price, restore Nasdaq compliance, and strengthen its financial foundation for future growth. O'Reilly Automotive (ORLY) – O'Reilly Automotive is a specialty retailer of automotive aftermarket parts and accessories. On March 13, the company declared a 15-for-1 forward stock split, with the distribution of additional shares set for June 9 and split-adjusted trading beginning June 10. SaverOne 2014 (SVRE) – Israel-based SaverOne develops driver safety systems that block mobile-device distractions in vehicles. The company executed a 1-for-3 reverse ADS split, effective June 11, adjusting its American Depositary Share ratio to strengthen its Nasdaq standing and enhance market appeal. China Natural Resources, Inc. (CHNR) – China Natural Resources is focused on mining exploration in Inner Mongolia and is working toward picking up Zimbabwe's Williams Minerals lithium mine for up to $1.75 billion. The company executed an 8-for-1 reverse stock split effective June 12 to meet Nasdaq's $1 minimum bid price requirement, converting every eight shares into one to boost its per-share value and comply with listing rules
Yahoo
an hour ago
- Yahoo
Ituran Location and Control Ltd (ITRN) Q1 2025 Earnings Call Highlights: Record Revenue and ...
Revenue: $86.5 million, a 2% increase year-over-year. Subscription Fees Revenue: $62.2 million, a 2% increase year-over-year. Product Revenue: $24.3 million, a 1% increase year-over-year. EBITDA: $23.3 million, 26.9% of revenues, a 4% increase year-over-year. Net Income: $14.6 million, or $0.73 diluted earnings per share, a 12% increase year-over-year. Operating Cash Flow: $15.5 million for the first quarter. Subscriber Base: Increased by 99,000 to 2,508,000. Dividend: $10 million declared for the quarter, representing $0.50 per share. Net Cash: $75.7 million as of March 31, 2025. Warning! GuruFocus has detected 4 Warning Signs with MOV. Release Date: May 28, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Ituran Location and Control Ltd (NASDAQ:ITRN) achieved a significant milestone by surpassing 2.5 million subscribers, driven by a net addition of 99,000 subscribers in the first quarter. The company signed a new telematics service agreement with Stellantis, a major car OEM manufacturer, contributing to the subscriber growth. First-quarter revenues reached a record $86.5 million, marking a 2% increase year-over-year, with a 7% growth in local currency terms. EBITDA for the quarter increased by 4% to $23.3 million, with a 12% growth in local currency terms. Ituran Location and Control Ltd (NASDAQ:ITRN) declared a $10 million dividend for the quarter, reflecting strong profitability and cash flow, with an annualized dividend yield of around 6%. The strengthening of the US dollar negatively impacted financial results when translated from local currencies, particularly affecting revenues from Brazil and Mexico. The new OEM agreement with Stellantis, while contributing to subscriber growth, involves lower ARPU compared to the company's average. Increased R&D and marketing expenditures outpaced revenue growth, raising concerns about cost management. CapEx was higher than average in Q1, with expectations for it to decrease in subsequent quarters, indicating potential volatility in capital expenditures. The insurance market in Latin America, particularly in Brazil and Mexico, shows limited short-term potential for usage-based insurance (UBI) solutions, impacting growth opportunities in this segment. Q: In terms of new agreements, does it imply you set up new equipment and provide services for each produced car by Stellantis in Latin America, or do you have some options for them? A: Eyal Sheratzky, Co-CEO, explained that the current agreement with Stellantis is to provide services based on existing technology in their cars. While there is potential to broaden the relationship and add other services or hardware in the future, the current focus is on service provision. Q: What primarily affected the ramp-up of your subscription base, given the recent increase to roughly 100,000 per quarter? A: Eyal Sheratzky noted that the agreement with Stellantis initially brought a bulk of car owners to Ituran, which is not typical. Future quarters are expected to return to the usual rate of about 40,000 new subscribers per quarter. Q: Has Ituran taken steps to improve product gross margins, and what should we expect for the next couple of quarters? A: Eli Kamer, CFO, stated that the improvement in gross margins is due to operational leverage and cost savings. While telematics services margins are expected to improve with subscriber growth, product margins may fluctuate due to product mix changes. Q: What are your expectations for the Latin American insurance market, particularly regarding UBI insurance? A: Eyal Sheratzky mentioned that while there is high demand for car theft solutions in Brazil, the insurance companies in Brazil and Mexico are not yet ready to adopt UBI solutions. However, Argentina has shown some interest, and Ituran is prepared to capitalize on future opportunities. Q: Can you discuss the dynamics in the market for product revenues and how you see the pipeline evolving throughout the year? A: Eli Kamer explained that product revenue pipelines are managed on a daily basis, with stock levels adjusted according to demand. Gross margins for product revenues are expected to remain around 20-25%, depending on the product mix. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Business Upturn
3 hours ago
- Business Upturn
ASUS Republic of Gamers Announces the ROG Xbox Ally and ROG Xbox Ally X, Raising the Standard for Gaming Handhelds
KEY POINTS All-day comfort : Redesigned chassis is purpose-built to fit the hands like a real gamepad : Redesigned chassis is purpose-built to fit the hands like a real gamepad Seamless software experience : New Xbox ® software offers the best of Xbox and Windows PC gaming in one handheld : New Xbox software offers the best of Xbox and Windows PC gaming in one handheld Efficiency and performance: Two new processors offer incredible AAA and indie gaming experiences LOS ANGELES, June 08, 2025 (GLOBE NEWSWIRE) — ASUS Republic of Gamers (ROG) is proud to announce an all-new series of Ally handhelds built from the ground up with improved ergonomics and a seamless player-first user experience. Developed in partnership with the incredible team at Xbox, the new ROG Xbox Ally and ROG Xbox Ally X offer best-in-class ergonomics and a full-screen Xbox experience that marries the best of Xbox and PC gaming in one cohesive package. 'We wanted to take our handheld to the next level, but we could not do it alone.' said Shawn Yen, Head of the Consumer product team at ASUS. 'This revolutionary partnership with Microsoft allowed us to forge a brand new device with ROG muscle and the soul of Xbox.' The ROG Xbox Ally sports an AMD Ryzen™ Z2 A Processor with incredible power efficiency, while the ROG Xbox Ally X offers the new AMD Ryzen™ AI Z2 Extreme Processor for next-level gaming performance. Both launch holiday 2025 in select markets, with additional markets to follow. All-day comfort The ROG Xbox Ally and the ROG Xbox Ally X feature a completely redesigned chassis. Gaming on handheld is a very personal experience, and comfort in the hand is a key pillar of a well-designed device. With years of feedback on the original Ally and Ally X, the ROG Xbox Ally series offers a more comfortable grip than ever, inspired by Xbox. With a redesigned palm rest and texturing patterns to keep gamers locked on target, the ROG Xbox Ally series truly raises the bar for comfort with a handheld gaming device. The ROG Xbox Ally X also features impulse triggers, improving the haptics in supported games. These triggers allow for more nuance and immersion and are a feature that Xbox gamers have come to expect with their controllers. These devices are the most comfortable and immersive handhelds ever built by ROG. Seamless software experience While the ROG Armoury Crate Special Edition software made the original Ally easy to use, ROG and Xbox aimed to make handheld gaming even more seamless on Windows 11. 'We wanted to create an authentic Xbox experience in a handheld form factor,' explained Roanne Sones, CVP at Xbox. 'With ROG, we made it happen on the Xbox Ally and Xbox Ally X.' As soon as players power on the device, they enter the full screen Xbox experience. Powered by Windows 11 underneath, this software has been optimized for the ROG Xbox Ally, reducing system overhead and offering easy joystick and button navigation. Quick access to settings and customizable widgets are available via Game Bar with a single press of the Xbox button. But with the full freedom of Windows 11 running under the hood, games and mods from other sources are still easily accessible. The ROG Xbox Ally series offers the power of Xbox, the craftsmanship of ROG, and the versatility of Windows, all in one cohesive device. Efficiency and performance The ROG Xbox Ally X features the new top-of-stack AMD Ryzen AI Z2 Extreme Processor, giving it plenty of horsepower even in AAA games. Combined with software optimizations from the new Xbox experience, the ROG Xbox Ally X stands ready to provide gamers with next-gen handheld performance. 'Battery life is paramount on handhelds like the ROG Xbox Ally and Ally X,' said Jack Huynh, Senior Vice President and General Manager of AMD. 'The Ryzen Z2 series improves efficiency over the previous generation while still offering excellent performance in modern games.' The ROG Xbox Ally offers console-caliber performance with its AMD Ryzen Z2 A Processor. At the same time, its ultra-efficient design at low wattages and its 60Wh battery produce improved battery life. Meanwhile, the ROG Xbox Ally X takes performance to greater heights, offering more room for graphical fidelity at higher framerates with the AMD Ryzen AI Z2 Extreme Processor. Both chips are primed to take full advantage of AMD's latest software suite for graphics and performance improvements, including AMD FidelityFX™ Super Resolution (FSR), Radeon Super Resolution (RSR), and AMD Fluid Motion Frames (AFMF) frame generation, the latter of which can offer better framerates for improved smoothness. In a nod to the future, the AMD Ryzen AI Z2 Extreme-equipped ROG Xbox Ally X features an NPU. With these next-generation chips, the ROG Xbox Ally X will be ready to power the latest AI features as they are introduced. At launch this holiday, the ROG Xbox Ally and ROG Xbox Ally X will be available in Australia, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Italy, Japan, Korea, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal, Saudi Arabia, Singapore, Spain, Sweden, Switzerland, Thailand, Turkey, the United Arab Emirates, the United Kingdom, and the United States, with availability to follow for other markets where ROG Ally series products are sold today. For more information, please visit Users can also sign up on the page to get notified when pre-orders go live. SPECIFICATIONS ROG Xbox Ally X (2025) Operating System Windows 11 Home Comfort & input Contoured grips inspired by Xbox Wireless Controllers deliver all-day comfort, complete with impulse triggers for enhanced control ABXY buttons / D-pad / L & R impulse triggers / L & R bumpers / Xbox button / View button / Menu button / Command Center button / Library button / 2x assignable back buttons / 2x full-size analog sticks / HD haptics / 6-Axis IMU Processor AMD Ryzen™ AI Z2 Extreme Processor Display 7' FHD (1080p) IPS, 500 nits, 16:9120Hz refresh rateFreeSync Premium Corning® Gorilla® Glass Victus® + Corning DXC Anti-Reflection Memory 24GB LPDDR5X-8000 Storage 1TB M.2 2280 SSD for easier upgrade Network and Communication Wi-Fi 6E (2 x 2) + Bluetooth® 5.4 I/O Ports 1x USB4® with DisplayPort™ 2.1 / Power Delivery 3.0, Thunderbolt™ 4 compatible 1x USB 3.2 Gen 2 Type-C® with DisplayPort™ 2.1 / Power Delivery 3.0 1x UHS-II microSD card reader (supports SD, SDXC and SDHC; UHS-I with DDR200 mode) 1x 3.5mm Combo Audio Jack Battery 80Wh Dimensions 290.8 (W) x 121.5 (D) x 50.7 (H) mm Weight 715 grams Included ROG Xbox Ally X 65W charger Stand ROG Xbox Ally (2025) Operating System Windows 11 Home Comfort & input Contoured grips inspired by Xbox Wireless Controllers deliver all-day comfort ABXY buttons / D-pad / L & R Hall Effect analog triggers / L & R bumpers / Xbox button / View button / Menu button / Command Center button / Library button / 2x assignable back buttons / 2x full-size analog sticks / HD haptics / 6-Axis IMU Processor AMD Ryzen™ Z2 A Processor Display 7' FHD (1080p) IPS, 500 nits, 16:9 120Hz refresh rate FreeSync Premium Corning® Gorilla® Glass Vitus® + Corning DXC Anti-Reflection Memory 16GB LPDDR5X-6400 Storage 512GB M.2 2280 SSD for easier upgrade Network and Communication WiFi 6E (2 x 2) + Bluetooth® 5.4 I/O Ports 2x USB 3.2 Gen 2 Type-C® with DisplayPort™ 2.1 / Power Delivery 3.0 1x UHS-II microSD card reader (supports SD, SDXC and SDHC) 1x 3.5mm Combo Audio Jack Battery 60Wh Dimensions 290.8 (W) x 121.5 (D) x 50.7 (H) mm Weight 670 grams Included ROG Xbox Ally 65W charger Stand NOTES TO EDITORS ROG Facebook: ROG X (Twitter): ASUS Pressroom: ASUS Canada Facebook: ASUS Canada Instagram: ASUS Canada YouTube: ASUS Global Twitter: About ROG Republic of Gamers (ROG) is an ASUS sub-brand dedicated to creating the world's best gaming hardware and software. Formed in 2006, ROG offers a complete line of innovative products known for performance and quality, including motherboards, graphics cards, system components, laptops, desktops, monitors, smartphones, audio equipment, routers, peripherals and accessories. ROG participates in and sponsors major international gaming events. ROG gear has been used to set hundreds of overclocking records and it continues to be the preferred choice of gamers and enthusiasts around the world. To become one of those who dare, learn more about ROG at A photo accompanying this announcement is available at Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
