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Iteris Expects Q1 Total Revenues Of $43.5M - $45.5M (Est $46.401M); Represents Organic Growth Of 2% At Mid-point Of Guidance Range Due To Timing Of New Product Introduction Cycles

Author: Benzinga Newsdesk | June 13, 2024 04:10pm

Adjusted EBITDA margin in the range of 5.5% to 6.5%, representing a 324 basis points decline year over year at the midpoint of the guidance range due to anticipated investments in research and development and sales to support recent and planned new product releases

Posted In: ITI