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.
Badger Meter (NYSE: BMI) will release its fourth quarter 2022 earnings on January 27, 2023, before market opening. A conference call will follow at 10:00 AM CT, accessible via a live webcast from the Investor section on their website. Interested participants can pre-register for the call using a link provided in the press release. Badger Meter, with over a century of water technology innovation, offers leading solutions for flow measurement and water quality, aiding customers in optimizing operations while promoting sustainable resource use.
The Board of Directors of Badger Meter (NYSE:BMI) declared a quarterly cash dividend of $0.225 per share. Shareholders of record on November 25, 2022 will receive payment on December 9, 2022. With over a century of experience, Badger Meter is a leader in water technology, providing essential data and analytics to optimize operations for sustainable resource management.
Badger Meter reported record sales of $148.0 million for Q3 2022, up 15% from the previous year. Excluding currency impacts, sales rose nearly 17%. Operating profit surged 23%, with margins increasing to 16.1%. Diluted EPS rose 13% to $0.61. Strong cash flow generated $23.8 million in net cash from operations. The company announced its 30th consecutive dividend increase. Utility water sales grew 17%, particularly in ultrasonic meters and SaaS revenue, reflecting a robust demand for smart water solutions amid ongoing inflation challenges.
Badger Meter, Inc. (NYSE: BMI) is set to release its third quarter 2022 earnings on October 19, 2022, before market opening. A conference call will follow at 10:00 am CT, where insights on financial performance will be discussed. Investors can access the live webcast through the company's website.
Badger Meter specializes in water technology solutions, providing essential data and analytics for clients to enhance operational efficiency and promote sustainable resource use.
The Board of Directors of Badger Meter (NYSE: BMI) has approved a 12.5% increase in its quarterly dividend, raising it from $0.20 to $0.225 per share. The new dividend will be payable on September 9, 2022, to shareholders of record on August 26, 2022. This marks the 30th consecutive year of dividend increases, reflecting the company's commitment to rewarding shareholders and confidence in its earnings and cash flow.
Badger Meter, Inc. (NYSE:BMI) has appointed Xia Liu, the Chief Financial Officer of WEC Energy Group (NYSE:WEC), to its Board of Directors, increasing the board size to ten members. Liu has been with WEC since June 2020 and boasts extensive experience in financial and risk management, having previously held leadership roles at CenterPoint Energy and Southern Company. CEO Kenneth C. Bockhorst expressed enthusiasm for Liu's appointment, highlighting her financial expertise and utility knowledge as valuable assets for the board.
Badger Meter reported a strong second quarter for 2022, with total sales of $137.8 million, up 12% year-over-year. Diluted earnings per share increased 19% to $0.57. Operating profit margins expanded by 80 basis points to 16.0%. Utility water sales saw a 14% increase, driven by demand for E-Series Ultrasonic meters and BEACON SaaS revenue. The backlog grew significantly, aided by strong order momentum. Despite supply chain challenges, cash flow remained robust with $19.7 million generated from operations.
Badger Meter, Inc. (NYSE: BMI) will release its second quarter 2022 earnings on July 20, 2022, before market opening. The earnings conference call will take place at 10:00 AM CT. Investors can access a live webcast through the Company’s website and register for the call in advance. Badger Meter is a leader in water technology, providing solutions for flow measurement and water quality to help optimize operations and promote sustainable resource use.
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The Badger Meter Board of Directors has declared a regular quarterly cash dividend of $0.20 per share to shareholders of record on May 27, 2022. The payment date is set for June 10, 2022. This decision reflects the company's ongoing commitment to return value to shareholders while maintaining its leadership in water technology solutions. Badger Meter has over a century of experience in providing essential data and analytics to support the sustainable management of water resources.