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, Inc. (NYSE: BMI) reported first quarter 2022 results showing a 12% increase in sales to $132.4 million. Diluted EPS rose to $0.49, up from $0.47 year-over-year. Utility water sales climbed 15%, supported by strong demand despite supply chain disruptions. Gross margins fell to 38.3% from 41.9% in Q1 2021 due to inflation and production volatility. Operating margin decreased to 14.2%. Despite challenges, the company remains optimistic about long-term demand and operational strategies.
Badger Meter, Inc. (NYSE: BMI) will announce its first quarter 2022 earnings on April 19, 2022, before market opening. Following the release, a conference call is scheduled for 10:00am CT, with a live webcast available on the company’s Investor website. Participants can pre-register for the call through a provided link. Badger Meter has a long history of innovation in water technology, offering solutions that support the sustainable use of water resources. For more information, visit www.badgermeter.com.
Badger Meter (NYSE:BMI) has appointed Melanie K. Cook, former Chief Operating Officer of GE Appliances, to its Board of Directors, expanding the Board to ten members. With nearly 30 years of global experience in profit and loss responsibilities, product lifecycle management, and supply chain, Ms. Cook brings valuable expertise in driving growth and digital transformation. Her leadership at GE Appliances, which oversaw operations for 15,000 employees, included notable achievements in diversity initiatives and environmental management certifications. This strategic move is expected to bolster Badger Meter's innovation in digital water solutions.
The Board of Directors of Badger Meter (NYSE:BMI) has declared a regular quarterly cash dividend of $0.20 per share. Shareholders of record on February 25, 2022 will receive the payment on March 11, 2022. This dividend declaration reflects the company's commitment to returning value to its shareholders amidst its ongoing dedication to water technology innovation.
Badger Meter reported record fourth-quarter sales of $135.7 million, up 21% from the previous year, with diluted EPS rising 31% to $0.59. For the full year, sales reached $505.2 million, a 19% increase. Operating margins improved 170 basis points in Q4 and 30 basis points for the year despite supply chain challenges. Cash generated by operations totaled $27.1 million in Q4 and $87.5 million for the year. Strong demand for innovative water solutions, alongside a record backlog, positions the company favorably for future growth.
Badger Meter, Inc. (NYSE: BMI) will release its fourth quarter and full year 2021 earnings on January 28, 2022, before market opening. Following the announcement, a conference call is scheduled for 10:00am CT to discuss the results. Investors can access the live webcast via the company’s Investors website, where the call will also be archived. Badger Meter specializes in water technology, providing solutions that help optimize operations and promote sustainable practices.
The Board of Directors of Badger Meter (NYSE:BMI) declared a regular quarterly cash dividend of $0.20 per share. This dividend is payable on December 10, 2021, to shareholders on record as of November 26, 2021. The company, with over a century of experience in water technology, provides critical solutions in flow measurement and quality, aiming to optimize operations and promote sustainable water usage.
Badger Meter, Inc. (NYSE: BMI) reported notable third-quarter results for 2021, with total sales rising 13.3% to a record $128.7 million. Diluted earnings per share reached $0.54, a slight increase from $0.51 year-over-year. The company announced its 29th consecutive annual dividend increase and recorded solid cash flow of $17.7 million. Despite persistent supply chain challenges, strong demand led to an impressive order backlog. Utility water sales grew 12.2%, driven by acquisitions and enhanced sales of mechanical meters and ORION® endpoints.
Badger Meter (NYSE: BMI) will release its third quarter 2021 earnings before the market opens on October 15, 2021. A conference call will follow at 10:00 AM CT, and interested parties can access a live webcast on the Company's investor website. Participants can pre-register for the call via a provided link. Badger Meter is renowned for over a century of innovation in water technology, offering solutions for flow measurement and quality that help customers optimize operations.
Badger Meter (NYSE:BMI) has appointed Henry F. Brooks, President of Power & Controls at Collins Aerospace, to its Board of Directors, expanding the Board to nine members. Mr. Brooks brings over 30 years of experience in aerospace and defense, overseeing a multi-billion dollar division at Raytheon Technologies. His expertise includes engineering, product development, and global business operations, making him a valuable asset as Badger Meter aims to innovate their smart water solutions and expand globally.