| Iteris Chosen to Implement the City of Burleson's Advanced Traffic Management System Plan |
AUSTIN, Texas--(BUSINESS WIRE)-- #IoT--Iteris awarded a $1.7 million contract by the city of Burleson, Texas to execute an Advanced Traffic Management System (ATMS) plan. |
businesswire.com |
2025-05-14 14:00:00 |
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| Iteris Selected by Hillsborough County for Traffic Management Center Support and Smart Mobility Initiatives |
TAMPA, Fla.--(BUSINESS WIRE)-- #IoT--Iteris has been awarded a four-year, task order-based contract from Hillsborough County to support their TMC and other smart mobility initiatives. |
businesswire.com |
2025-05-06 14:00:00 |
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| Iteris Technology Selected by City of Corona for Smart Mobility Upgrades |
SANTA ANA, Calif.--(BUSINESS WIRE)-- #IoT--Iteris been has awarded an over $4 million contract to provide the city of Corona CA with smart mobility infrastructure management technologies. |
businesswire.com |
2025-04-30 14:00:00 |
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| Iteris Chosen by the Orange County Transportation Authority for Harbor Boulevard Transit Initiative |
SANTA ANA, Calif.--(BUSINESS WIRE)-- #IoT--Iteris awarded a contract by Orange County Transportation Authority (OCTA) for initiative that will improve public roadway transit in the county. |
businesswire.com |
2025-04-22 14:00:00 |
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| Iteris Announces Favorable Verdict in Wavetronix Litigation |
AUSTIN, Texas--(BUSINESS WIRE)-- #IoT--Iteris announced the U.S. District Court for the Western District of Texas has ruled in favor of Iteris in the litigation brought by Wavetronix LLC. |
businesswire.com |
2025-02-20 15:00:00 |
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| Iteris Partners with National Renewable Energy Lab for Department of Energy-Funded Initiative |
FAIRFAX, Va.--(BUSINESS WIRE)---- $ITI #IoT--Iteris announced that it is partnering with the US Department of Energy's National Renewable Energy Laboratory on a project focused on energy metrics. |
businesswire.com |
2025-01-21 12:00:00 |
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| Indian markets trade higher; IT, and metal sectors lead gains; Greaves Cotton gains most in three years |
Benchmark Indian equity indices BSE Sensex and Nifty 50 advanced on Tuesday, buoyed by gains in IT, metal, and real estate stocks. At 10:34 am, the BSE Sensex rose 0.14%, while the Nifty 50 edged up by 0.092%. The BSE Metal Index outperformed, climbing over 1%, with major gainers like Jindal Steel, NMDC, and APL Apollo driving momentum. The Nifty IT Index and Nifty Realty Index also recorded steady gains of 22 points and 7 points, respectively. Greaves Cotton surges to a 52-week high Greaves Cotton shares surged 13.58% to reach a 52-week high of ₹242.20 after ace investor Vijay Kedia acquired a 0.52% stake in the company. Kedia’s purchase of 12 lakh shares at an average price of ₹208.9 per share, totalling approximately ₹25 crore, fuelled market excitement. The strategic move follows Greaves Cotton’s announcement of an IPO for its subsidiary, Greaves Electric Mobility, signalling growth prospects in the electric vehicle segment. This marks the stock’s strongest single-day gain in three years. ITI Limited continues rally ITI Limited shares extended their upward trajectory for a third consecutive session, hitting an all-time high of ₹404 on the NSE. The stock opened at ₹385, up from its previous close of ₹368.10, before soaring 9.8% to its new peak. By 10:30 am, ITI shares traded 7.42% higher at ₹395.40, with a market capitalization nearing ₹38,000 crore. The stock has gained nearly 40% over the past three days, reflecting strong investor confidence amid robust buying interest. Mishtann Foods falls as SEBI takes action Shares of Mishtann Foods plummeted nearly 10% to ₹8.95 after the Securities and Exchange Board of India (SEBI) barred the company, its promoter, and four other entities from the securities market for alleged financial irregularities. SEBI’s investigation revealed that Mishtann Foods engaged in circular trading with fictitious buyers and suppliers, many of which were shell entities controlled by company insiders. This scandal has raised concerns over corporate governance and could lead to further regulatory scrutiny. Inflation data eyed amid global cues Upcoming CPI data releases in India and the US are expected to guide market sentiment. US CPI figures, due Wednesday, could influence the Federal Reserve’s interest rate decisions. Markets anticipate an 86% probability of a 25 basis point rate cut at the Fed’s December 18 meeting. India’s CPI data, due Thursday, is projected to have slowed to 5.53% in November, retreating below the Reserve Bank of India’s 6% upper tolerance limit, according to a Reuters poll of economists.Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, highlighted a consolidation phase in Indian markets. “There are no major triggers for a new bull orbit or deep correction. The current weakness in FMCG stocks presents a buying opportunity for long-term investors,” he noted. The post Indian markets trade higher; IT, and metal sectors lead gains; Greaves Cotton gains most in three years appeared first on Invezz |
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2024-12-10 09:15:28 |
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| Iteris Completes Transaction with Almaviva |
AUSTIN, Texas--(BUSINESS WIRE)--Iteris, Inc. (“Iteris” or the “Company”), the world's trusted technology ecosystem for smart mobility infrastructure management, today announced the closing of its previously announced agreement to be acquired by Almaviva S.p.A. (“Almaviva”). Iteris' common stock has ceased trading on the NASDAQ and Iteris will no longer be listed on any public market effective as of the closing. As part of Almaviva, Iteris will continue to operate as a separate legal entity and. |
businesswire.com |
2024-11-01 12:35:00 |
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| Iteris Stockholders Approve Merger Agreement with Almaviva |
AUSTIN, Texas--(BUSINESS WIRE)--Iteris, Inc. (NASDAQ: ITI) (“Iteris” or the “Company”), the world's trusted technology ecosystem for smart mobility infrastructure management, today announced that Iteris stockholders approved the proposed merger agreement with Almaviva S.p.A. (“Almaviva”) at Iteris' Special Meeting of Stockholders held yesterday. As previously announced, under the terms of the merger agreement, Almaviva will acquire Iteris in an all-cash transaction in which Iteris' stockholders. |
businesswire.com |
2024-10-23 10:36:00 |
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| ITERIS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Iteris, Inc. - ITI |
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Iteris, Inc. (NasdaqCM: ITI) to Almaviva S.p.A. Under the terms of the proposed transaction, shareholders of Iteris will receive $7.20 in cash for each share of Iteris that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration. |
businesswire.com |
2024-09-26 18:42:00 |
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| ITI Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Iteris, Inc. is Fair to Shareholders |
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Iteris, Inc. (NASDAQ: ITI) to Almaviva S.p.A. for $7.20 in cash per share is fair to Iteris shareholders. Halper Sadeh encourages Iteris shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Iteris and its board of d. |
businesswire.com |
2024-09-07 17:21:00 |
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| SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Iteris, Inc. – ITI |
NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Iteris, Inc. (Nasdaq : ITI ), relating to its proposed merger with Almaviva S.p.A. Under the terms of the agreement, Iteris shares will automatically be converted into the right to receive $7.20 in cash. |
globenewswire.com |
2024-09-05 20:43:00 |
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| SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Iteris, Inc. - ITI |
NEW YORK , Sept. 4, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. |
prnewswire.com |
2024-09-04 22:59:00 |
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| ITERIS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Iteris, Inc. - ITI |
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Iteris, Inc. (NasdaqCM: ITI) to Almaviva S.p.A. Under the terms of the proposed transaction, shareholders of Iteris will receive $7.20 in cash for each share of Iteris that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration. |
businesswire.com |
2024-08-15 18:37:00 |
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| Iteris, Inc. (ITI) Q1 2025 Earnings Call Transcript |
Iteris, Inc. (NASDAQ:ITI ) Q1 2025 Results Conference Call August 8, 2024 4:30 PM ET Company Participants Jim Byers - MKR Investor Relations Joe Bergera - President and CEO Kerry Shiba - Chief Financial Officer Conference Call Participants Jeff Van Sinderen - B. Riley Alex Latimore - Northland Capital Markets Derek Greenberg - Maxim Group Operator Good day and welcome to Iteris' Fiscal First Quarter 2025 Conference Call. |
seekingalpha.com |
2024-08-10 14:37:06 |
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| Shareholder Alert: Ademi LLP investigates whether Iteris, Inc. has obtained a Fair Price for its Public Shareholders |
MILWAUKEE , Aug. 9, 2024 /PRNewswire/ -- Ademi LLP is investigating Iteris (NASDAQ: ITI) for possible breaches of fiduciary duty and other violations of law in its transaction with Almaviva. Click here to learn how to join our investigation https://www.ademilaw.com/case/iteris-inc or call Guri Ademi toll-free at 866-264-3995. |
prnewswire.com |
2024-08-09 15:38:00 |
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| Why Is Iteris (ITI) Stock Up 64% Today? |
Iteris (NASDAQ: ITI ) stock is soaring higher on Friday after the intelligent transportation systems technology solutions company announced a new acquisition deal. This will see Iteris be acquired by the private digital innovation group Almaviva. |
investorplace.com |
2024-08-09 11:52:04 |
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| Iteris to Be Acquired by Almaviva for $335 Million |
AUSTIN, Texas--(BUSINESS WIRE)--Iteris, Inc. (NASDAQ: ITI) (“Iteris” or the “Company”), the world's trusted technology ecosystem for smart mobility infrastructure management, today announced that it has entered into a definitive merger agreement to be acquired by Almaviva S.p.A. (“Almaviva”), a private Italian digital innovation group, in an all-cash transaction valuing Iteris at approximately $335 million equity value. Under the terms of the agreement, Iteris shareholders will receive $7.20 in. |
businesswire.com |
2024-08-09 06:02:00 |
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| Iteris (ITI) Beats Q1 Earnings and Revenue Estimates |
Iteris (ITI) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.05 per share a year ago. |
zacks.com |
2024-08-09 00:45:46 |
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| EXL acquires ITI Data to expand data management capabilities in banking and healthcare |
Investment accelerates EXL's data and AI-led strategy by adding new Global 1000 clients in the U.S., Europe and Australia Investment accelerates EXL's data and AI-led strategy by adding new Global 1000 clients in the U.S., Europe and Australia |
globenewswire.com |
2024-08-01 09:30:00 |
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| Iteris Receives $3.75 Million Contract from San Francisco Bay Area Metropolitan Transportation Commission |
OAKLAND, Calif.--(BUSINESS WIRE)---- $ITI #BayAreaTransportation--Iteris has been awarded a $3.75 million contract for ongoing operational support by the Metropolitan Transportation Commission (MTC) in the Bay Area. |
businesswire.com |
2024-07-23 12:30:00 |
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| Iteris Awarded $2 Million Texas DOT IDIQ Contract for Smart Mobility and Traffic Signal Timing Services |
AUSTIN, Texas--(BUSINESS WIRE)---- $ITI #Houston--Iteris announced that it has been awarded a five-year IDIQ contract with a value of up to $2 million by the Texas Department of Transportation (TxDOT). |
businesswire.com |
2024-06-27 12:30:00 |
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| Iteris Selected to Support IIJA-Funded Northwestern Illinois Region Safety Evaluation Project |
GENEVA, Ill.--(BUSINESS WIRE)---- $ITI #IoT--Iteris has been chosen to support a transportation infrastructure safety analysis in Stephenson County and surrounding areas in rural Illinois. |
businesswire.com |
2024-06-18 12:30:00 |
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| Iteris, Inc. (ITI) Q4 2024 Earnings Call Transcript |
Iteris, Inc. (NASDAQ:ITI ) Q4 2024 Earnings Call Transcript June 13, 2024 4:30 PM ET Company Participants Todd Kehrli - IR, MKR IR Joe Bergera - President and CEO Kerry Shiba - CFO Conference Call Participants Jeff Van Sinderen - B. Riley Mike Latimore - Northland Capital Markets Tim Moore - EF Hutton Allen Klee - Maxim Group Operator Good day and welcome to the Iteris Fiscal 2024 Fourth Quarter and Full Year Financial Results Conference Call. |
seekingalpha.com |
2024-06-13 23:24:08 |
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| Iteris (ITI) Reports Break-Even Earnings for Q4 |
Iteris (ITI) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.03. This compares to loss of $0.01 per share a year ago. |
zacks.com |
2024-06-13 22:26:16 |
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| Iteris Reports Record Fiscal 2024 Full Year Revenue of $172.0 million, Up 10% Year Over Year |
AUSTIN, Texas--(BUSINESS WIRE)---- $ITI #IoT--Iteris, Inc. reported financial results for its fiscal fourth quarter and full year ended March 31, 2024. |
businesswire.com |
2024-06-13 20:05:00 |
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