Welcome to our dedicated page for Badger Mete news (Ticker: BMI), a resource for investors and traders seeking the latest updates and insights on Badger Mete stock.
Badger Meter, Inc. (NYSE: BMI) is a manufacturing company focused on smart water technology and totalizing fluid meter and counting device manufacturing. Its news flow provides insight into how the company executes its strategy around water management solutions, capital allocation and corporate governance. Public communications emphasize more than a century of water technology innovation and a growing portfolio of digital smart water offerings.
News about Badger Meter frequently highlights developments in its BlueEdge™ / BlueEdge® suite, which the company describes as a tailorable portfolio of smart measurement hardware, communications, data visualization and analytics software, and ongoing support. Updates often cover customer adoption of cellular Advanced Metering Infrastructure (AMI), BEACON® SaaS, water quality and remote monitoring solutions, and other smart water technologies that support utilities and other users.
Investors following BMI news will also see regular coverage of quarterly financial results, including net sales, operating earnings, gross margin trends and cash flow. Earnings releases typically discuss the contribution of utility water sales, flow instrumentation products, and acquisitions such as SmartCover, as well as the use of non-GAAP Base measures that exclude acquired operations for comparability.
In addition, Badger Meter’s news includes dividend declarations, dividend increases, and share repurchase authorizations, reflecting the company’s capital allocation framework. Leadership announcements and executive appointments, including roles focused on municipal utilities, SaaS, international utility markets and SmartCover, are also reported and provide context on organizational structure and succession planning.
For readers interested in the intersection of manufacturing, water technology and digital infrastructure, the Badger Meter news page offers a centralized view of earnings reports, capital allocation decisions, acquisitions, integration progress and strategic commentary from management. Bookmark this page to review new press releases, scheduled earnings calls and other material company updates as they are released.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Badger Meter (NYSE: BMI) reported record financial results for Q1 2023, achieving total sales of $159.1 million, up 20% from $132.4 million in Q1 2022. Operating profit increased by 33%, improving margins to 15.7%. The diluted earnings per share (EPS) rose 35% to $0.66 from $0.49 year-over-year. The company successfully completed the acquisition of Syrinix, Ltd. for $18 million, enhancing their smart water technology offerings. Demand remains robust, marked by a record backlog and strong order growth across key markets.
Badger Meter, Inc. (NYSE: BMI) is set to release its first quarter 2023 earnings on April 20, 2023, before market opening. Investors can tune into the earnings conference call starting at 10:00am CT. A live webcast will be available on the Company's Investor website, with pre-registration required for participants. Badger Meter, a leader in water technology, offers innovative water solutions that enable efficient flow measurement and quality monitoring, promoting sustainable resource management.
The Board of Directors of Badger Meter (NYSE:BMI) has declared a regular quarterly cash dividend of $0.225 per share. Shareholders of record on February 24, 2023 will receive this dividend, payable on March 10, 2023.
With over a century in water technology innovation, Badger Meter specializes in flow measurement and water quality solutions, providing essential data for optimizing operations and promoting sustainable water use.
Badger Meter reported strong financial results for Q4 and the full year of 2022. Q4 sales reached $147.3 million, up 8.5% year-over-year, with EPS increasing to $0.60. For the full year, total sales hit a record $565.6 million, an 11.9% increase from 2021. Software sales also peaked at $33.8 million, constituting 6% of total revenue. The company maintained strong cash flow with $29.7 million in Q4 and $82.5 million for the year. Ongoing strategic initiatives include an $18 million acquisition of Syrinix, enhancing their smart water solutions amidst positive industry trends.
Badger Meter, Inc. (NYSE: BMI) announced its acquisition of Syrinix, Ltd. for £15 million, to be funded with available cash. Syrinix specializes in intelligent water monitoring solutions, enhancing Badger Meter's portfolio with high-frequency pressure monitoring and leak detection technology. This acquisition aims to advance Badger Meter's smart water solutions by integrating Syrinix's capabilities with its ORION® Cellular endpoints and BEACON® software, promoting efficiency, sustainability, and operational insights in water management.