Itron Inc's (NASDAQ: ITRI) shares have been performing well on the trading front with a gain of 36.1% year to date compared with 15.2% and 6.8% growth of the S&P 500 composite and the sub-industry, respectively. Headquartered in Liberty Lake, WA, Itron is one of the leading global suppliers of a wide range of standard, advanced and smart meters and meter communication systems. It also provides networks and communication modules, software, services and sensors for the effective management of electricity, gas and water resources for consumers. Solid financial performance is driving a good run on the trading front. The company's earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters with an average surprise of 77.9%. Image Source: Zacks Investment Research Catalysts Driving Performance Itron's performance is gaining from higher recurring and one-time service revenues, communication module sales, improved component supply and sales of water meters.  Momentum in the Grid Edge Intelligence platform augurs well. The platform's growth is being driven by various factors including data center-related demand growth, reindustrialization and production localization, as well as electrification of transportation and homes. Itron added that automation of water infrastructure, safety applications for gas customers and the digitalization of its operations were other growth drivers. Also, the acquisition of Elpis Squared expanded the Grid Edge Intelligence platform's solutions. Management noted that customers are increasingly deploying new digital technology and non-wires grid solutions. This represents a strong opportunity for ITRI. Increased demand for electric vehicles and distributed energy resources is expected to drive customer bookings.