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Iteris’ Income Falls for Fiscal 2Q
Iteris Inc., which makes lane-departure warning systems for the trucking industry, said Thursday its fiscal second-quarter profit decreased from a year ago.
Net income was $543,000, or 2 cents per share, down from $1.1 million, or 3 cents, a year earlier, the company said.
Net sales and contract revenue fell 22% to $14.9 million for the fiscal quarter ended Sept. 30, Iteris said.
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