Iteris: Fiscal 3Q Earnings Snapshot
SANTA ANA, Calif. (AP) _ Iteris Inc. (ITI) on Wednesday reported a fiscal third-quarter loss of $2.5 million, after reporting a profit in the same period a year earlier.
The Santa Ana, California-based company said it had a loss of 7 cents per share. Losses, adjusted for non-recurring costs, were 4 cents per share.
The vehicle detection and traffic control company posted revenue of $23.1 million in the period.
In the final minutes of trading on Wednesday, the company’s shares hit $4.05. A year ago, they were trading at $5.93.