Post by
cabbieJBJ on Aug 08, 2024 4:23pm
Iteris Q1 Highlights
Curated...
-- Revenues of $45.8 million, up 5.1% year over year compared to an
unusually strong prior year period
-- Adjusted EBITDA of $2.9 million, or 6.3% of revenue, compared to $4.0
million, or 9.2% of revenue, in the same quarter a year ago
-- GAAP net income of $0.4 million, or $0.01 per diluted share, compared
to $2.1 million, or $0.05 per diluted share, in the same quarter a year
ago, which benefited from timing effects
Revenue has bee basically flat over the previous 5 quarters (range 42.13M to 43.56M). Q1 represents a 6.8% increase on teh 5 quarter averagem Margin follows has been static as well.