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Iteris: Fiscal 4Q Earnings Snapshot

June 3, 2019

SANTA ANA, Calif. (AP) _ Iteris Inc. (ITI) on Monday reported a loss of $2.4 million in its fiscal fourth quarter.

The Santa Ana, California-based company said it had a loss of 7 cents per share. Losses, adjusted for non-recurring costs, came to 4 cents per share.

The vehicle detection and traffic control company posted revenue of $26.1 million in the period.

For the year, the company reported that its loss widened to $7.8 million, or 23 cents per share. Revenue was reported as $99.1 million.

Iteris shares have climbed 38% since the beginning of the year. In the final minutes of trading on Monday, shares hit $5.16, a rise of 1% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ITI at https://www.zacks.com/ap/ITI

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