Iteris: Fiscal 4Q Earnings Snapshot
SANTA ANA, Calif. (AP) _ Iteris Inc. (ITI) on Tuesday reported fiscal fourth-quarter net income of $217,000, after reporting a loss in the same period a year earlier.
The Santa Ana, California-based company said it had net income of 1 cent per share.
The vehicle detection and traffic control company posted revenue of $30.9 million in the period.
For the year, the company reported that its loss narrowed to $5.6 million, or 14 cents per share. Revenue was reported as $114.1 million.
In the final minutes of trading on Tuesday, the company’s shares hit $5. A year ago, they were trading at $5.17.