AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Iteris Inc. (ITI) on Thursday reported net income of $392,000 in its fiscal first quarter.
On a per-share basis, the Austin, Texas-based company said it had net income of 1 cent. Earnings, adjusted for non-recurring costs and stock option expense, were 6 cents per share.
The vehicle detection and traffic control company posted revenue of $45.8 million in the period.
For the current quarter ending in September, Iteris said it expects revenue in the range of $44 million to $48 million.
The company expects full-year revenue in the range of $188 million to $194 million.
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