Iteris Reports Higher 3Q Income

Iteris Inc., which makes lane-departure warning systems for the trucking industry, reported its fiscal third-quarter profit improved from a year ago.

The company reported operating income of $1.1 million and net income of $954,000, or 3 cents per share, for the quarter ended Dec. 31, compared with $310,000, 1 cent, a year earlier.

Net sales and contract revenue rose 6% to $15.4 million, Iteris said in a statement.