Iteris, Inc. (Nasdaq:ITI) is an intelligent transportation systems technology company working to provide an ecosystem for what they call smart mobility infrastructure management. What they mean is essentially a system showing real-time end-to-end transportation data. To accomplish this, they developed their cloud-connected platform. ClearMobility®, which applies cloud computing, artificial intelligence, advanced sensors, advisory services, and managed services to help ensure roads are safe, travel is efficient, and communities thrive. Currently, more than 10,000 public agencies and private-sector mobility-focused enterprises rely on their platform.
Comps: Inseego Corp. (Nasdaq:INSG), Sequans Communications S.A. (NYSE:SQNS)
When we look at Iteris in relation to Inseego and Sequans Communications, they have better earnings per share, debt to equity, profit margin, and return on equity. Furthermore, Iteris has significantly more revenue than Sequans Communications. Additionally, they showed higher quarterly revenue growth year-over-year compared to Inseego.