Iteris: Fiscal 4Q Earnings Snapshot
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.