Itron Inc. (Nasdaq: ITRI) has reported a $17 million second-quarter earnings increase compared with the year-earlier quarter.

The Liberty Lake-based utility-tech company posted Q2 net income of just over $68 million, or $1.47 per diluted share.

"Itron delivered solid second-quarter results driving quarterly record levels of margin, profitability, and cash flow," says Tom Deitrich, Itron’s president and CEO, in a press release. "The market environment remains dynamic with long-term growth, against a backdrop of near-term macroeconomic uncertainty and trade policy volatility.”

Through the first half of the year, Itron’s net income is $134 million, a roughly $30 million increase over the first half of 2024.

Itron stock traded at $124.54 per share at the close of the market on July 31, up from a 52-week low of $90.11 per share and down from a 52-week high of $140.04.