Iteris selected by South Carolina for $2.5M project Iteris was selected by the South Carolina Department of Transportation to upgrade and operate the State’s next generation 511 Traveler Information System. The three-year contract, valued at approximately $2.5M, includes two one-year options for ongoing operation and maintenance.
News For ITI From The Last 14 Days
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Iteris reports preliminary 2014 revenue $67.2M-$68.6M, consensus $68.25M Reports preliminary 2014 net income $500K-$1.5M vs. $2.38M in 2013. Preliminary results are pending completion of the fiscal 2014 audit.
Iteris to require additional time to complete FY14 audit Iteris announced that the company is continuing to work diligently with its auditors to complete the FY14 audit but will require additional time to complete its audit for the fiscal year ended March 31 primarily due to the time necessary to complete the review of certain complex, multi-element contracts.