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ITERIS, INC. (ITI)

Income Statement Business | Product | Geographic | Customer

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsMar-31-23Mar-31-22Mar-31-21Mar-31-20Mar-31-19Mar-31-18Mar-31-17Mar-31-16
   10-K10-K10-K10-K10-K/A10-K10-K10-K
Revenues:  
    Transportation Systems      49.854.549.334.1
    Roadway Sensors      43.544.442.240.3
    Agriculture and Weather Analytics       4.94.53.4
Total revenues   [+]0.0133.6117.1107.493.3103.796.077.7
            Revenue growth   [+]-100.0%14.0%9.1%15.1%-10.0%8.1%23.5%7.6%
Cost of goods sold   [+]0.086.270.363.858.063.958.647.1
Gross profit  0.047.446.943.635.339.837.430.7
            Gross margin   35.5%40.0%40.6%37.8%38.4%39.0%39.4%
Selling, general and administrative   [+] 44.139.240.734.237.433.326.8
Research and development   7.45.14.33.87.96.96.9
Other operating expenses   2.71.50.80.30.10.30.4
EBITDA   [+] -2.63.8-0.1-1.6-4.1-1.7-2.3
            EBITDA margin   -2.0%3.3%-0.1%-1.7%-3.9%-1.8%-3.0%
Depreciation   0.80.70.80.80.80.70.6
EBITA  0.0-3.53.1-0.9-2.3-4.9-2.4-2.9
            EBITA margin   -2.6%2.6%-0.8%-2.5%-4.7%-2.5%-3.8%
Amortization of intangibles   3.22.01.30.60.70.60.5
EBIT   [+]0.0-6.71.1-2.1-2.9-5.6-3.1-3.5
            EBIT margin   -5.0%0.9%-2.0%-3.1%-5.4%-3.2%-4.5%
Non-recurring items   [+]  0.6   2.2 
Interest income, net   [+] 0.00.10.20.10.00.00.0
Other income (expense), net   0.00.10.30.00.00.00.0
Pre-tax income  0.0-6.70.6-1.6-2.8-5.6-5.2-3.5
Income taxes  0.00.20.10.20.0-1.80.09.1
            Tax rate    19.0%  32.5%0.8% 
Earnings from continuing ops   -6.90.5-1.8-2.8-3.8-5.2-12.5
Earnings from discontinued ops   -0.220.9-3.9-5.00.20.40.2
Net income  0.0-7.110.1-5.6-7.8-3.5-4.8-12.3
            Net margin   -5.3%8.7%-5.2%-8.4%-3.4%-5.0%-15.8%
   
Basic EPS   [+] ($0.16)$0.01($0.05)($0.08)($0.11)($0.16)($0.39)
Diluted EPS   [+] ($0.16)$0.01($0.05)($0.08)($0.11)($0.16)($0.39)
   
Shares outstanding (basic)   [+] 42.241.239.033.332.832.232.0
Shares outstanding (diluted)   [+] 42.241.639.033.332.832.232.0
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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