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Transdata settlement software#
It produces electricity, gas, water, and heat meters, data collection and utility software solutions, and various other associated metering products for residential, commercial and industrial customers as well as transmission and distribution customers.Ĭurrently, Itron carries a Zacks Rank #3 (Hold). Liberty Lake, WA-based Itron Inc., along with its subsidiaries, is one of the principal technology providers to the energy and water industries worldwide. Moreover, significant backlog growth, benefits from restructuring and efficiency projects as well as Itron OpenWay Riva next-generation platform are expected to drive revenue growth and improve profitability. The company is also undertaking aggressive measures to strengthen quality processes, additional project risk management controls, centralized global supplier and procurement management. Itron continues to focus on investments to increase operational efficiencies and customer-service levels by embracing new technologies. The company will now record adjustments to the amount in 2016, to reflect the final agreement. Itron had previously recorded a financial reserve in 2015 for estimated settlement costs related to this matter.
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