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.