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Stay informed about Badger Meter Inc. (NYSE: BMI) with the latest news, press releases, and market developments affecting the flow measurement and smart water technology company. As a global provider of water metering solutions, flow instrumentation products, and water management software platforms, Badger Meter operates in markets influenced by water infrastructure investment, utility modernization initiatives, industrial activity, and technology adoption trends.
News coverage of Badger Meter typically includes product launches and technological innovations in water metering and flow measurement, announcements of utility customer wins and deployment milestones for AMI/AMR systems, quarterly earnings reports and financial performance updates, mergers and acquisitions that expand the company's technology portfolio or market reach, and strategic partnerships with technology providers or water utilities. The company's performance is often discussed in the context of water infrastructure spending, smart city initiatives, and global water scarcity challenges.
Investors and industry observers track several key themes in Badger Meter news. Utility sector trends, including municipal water system modernization programs and adoption rates for smart metering technology, provide context for the company's growth prospects in its core market. Industrial production levels and commercial construction activity influence demand for flow instrumentation products. Water conservation regulations, drought conditions, and environmental policy developments can affect utility investment priorities. Technology advancements in IoT connectivity, battery technology, and data analytics shape competitive dynamics in the smart water market.
The news feed below aggregates press releases, financial filings, analyst coverage, and industry news relevant to Badger Meter and its operating environment. This stream provides context for understanding the company's business performance, strategic direction, competitive position, and market opportunities in the water technology and flow measurement industries. Follow this page to track developments that may impact Badger Meter's operations and stock performance.
Badger Meter (NYSE: BMI) reported strong Q1 2025 results with total sales reaching $222.2 million, up 13% year-over-year. Operating earnings increased 35% to $49.5 million, with margins expanding 360 basis points to 22.2%. Diluted EPS grew 31% to $1.30.
The company's utility water sales increased 16%, including contributions from the newly acquired SmartCover. Excluding SmartCover, utility water sales grew 12%, driven by increased adoption of digital smart water solutions. Flow instrumentation products saw a 5% decline, though water-related markets showed modest growth.
Gross margin reached a record 42.9%, up 360 basis points year-over-year, benefiting from favorable product mix and operational initiatives. The company maintains its high-single-digit long-term revenue growth outlook and normalized gross margin range of 38-40%, while acknowledging challenging year-over-year comparisons in Q2 2025.
Badger Meter (NYSE: BMI) has announced its schedule for the first quarter 2025 earnings release and conference call. The company will release its Q1 2025 earnings before market opening on Thursday, April 17, 2025, followed by an earnings conference call at 10:00am CT.
A live listen-only webcast will be available through the Investor section of the company's website. The webcast recording will remain accessible on the company's website until May 1, 2025. Participants wanting to actively join the conference call can pre-register through a provided registration link.
Badger Meter (NYSE:BMI) has announced its regular quarterly cash dividend of $0.34 per share. The dividend will be payable on March 14, 2025, to shareholders of record as of February 28, 2025.
The company, which has over a century of experience in water technology innovation, provides comprehensive water management solutions through its BlueEdge™ suite. Their portfolio includes smart measurement hardware, communications systems, data visualization and analytics software, along with ongoing support and industry expertise.
Badger Meter (NYSE: BMI) has announced the acquisition of SmartCover Systems for $185 million, funded with available cash. SmartCover, generating approximately $35 million in annual revenue, provides real-time monitoring solutions for utility water collection systems, focusing on sewer line and lift station monitoring.
The acquisition enhances Badger Meter's BlueEdge™ suite of water management solutions by adding SmartCover's technology, which helps utilities predict, detect, and prevent sewer overflow spills. The system provides 24/7 monitoring of sewer levels, pattern analysis, and automatic alerts for potential issues. SmartCover's solutions also reduce the need for frequent cleanings, detect intrusion, and minimize harmful sewer gases.
This strategic acquisition positions Badger Meter in the fast-growing stormwater management space, which is in early adoption stages across North America and other markets. The company plans to leverage its sales network to accelerate municipal adoption of SmartCover's solutions.
Badger Meter (NYSE: BMI) reported strong financial results for Q4 and full year 2024. Fourth quarter highlights include total sales of $205.2 million, up 13% year-over-year, with operating profit increasing 22% and margins expanding to 19.1%. Q4 diluted EPS grew 24% to $1.04.
Full year 2024 achievements include record total sales of $826.6 million, an 18% increase from 2023, with software sales growing 30% to over $56 million. Operating profit margins improved 230 basis points to 19.1%, while diluted EPS rose 35% to $4.23. The company generated record cash flow of $155 million from operations.
The company announced the acquisition of SmartCover Systems to expand its BlueEdge suite of solutions for water management. Utility water sales increased 14% year-over-year, driven by strong adoption of cellular AMI offerings, while flow instrumentation products saw a modest 1% growth.
Badger Meter (NYSE: BMI) has announced it will release its fourth quarter and full year 2024 earnings before market opening on Friday, January 31, 2025. The company will host an earnings conference call at 10:00am CT on the same day. A live listen-only webcast will be available through the Investor section of the company's website.
Participants who wish to actively engage in the conference call can pre-register through a provided link. The webcast recording will remain accessible on the company's website until February 14, 2025. Badger Meter specializes in water technology innovation, offering comprehensive water management solutions through its BlueEdge™ suite, which includes smart measurement hardware, communications, data visualization, and analytics software.
Badger Meter (NYSE:BMI) has announced its regular quarterly cash dividend of $0.34 per share. The dividend will be payable on December 6, 2024, to shareholders of record as of November 22, 2024. The company, with over a century of water technology innovation, specializes in providing water solutions including flow measurement, quality monitoring, and system parameters, helping customers optimize operations and promote sustainable water resource management.
Badger Meter (NYSE: BMI) reported strong third quarter 2024 financial results. Highlights include:
- Total sales of $208.4 million, up 12% year-over-year
- Operating profit increased 29%, with margins expanding 260 basis points to a record 19.5%
- Diluted EPS rose 23% to $1.08
- Record cash flow with $45.1 million in net cash from operations, up 43% year-over-year
- Annual dividend rate increased by 26% to $1.36 per share
The company saw continued solid demand for its water management solutions, with utility water sales up 14% year-over-year. Flow instrumentation product sales remained flat. Badger Meter anticipates delivering high single-digit sales growth rates over the cycle and expects modest operating profit margin expansion year-over-year.
Badger Meter, Inc. (NYSE: BMI) has announced the schedule for its third quarter 2024 earnings release and conference call. The company will issue its earnings release before the market opens on Thursday, October 17, 2024. This will be followed by an earnings conference call at 10:00am CT.
A live listen-only webcast will be available from the Investor section of the company's website. For those wishing to actively participate in the call, pre-registration is required through a provided link. The webcast will remain archived on Badger Meter's website until October 31, 2024.
Badger Meter is a global provider of water technology solutions, specializing in flow measurement, quality, and other system parameters. The company's offerings provide customers with data and analytics for optimizing operations and promoting sustainable water use.
Badger Meter, Inc. (NYSE: BMI) has announced a significant 26% increase in its quarterly dividend to $0.34 per share, up from $0.27. This raise marks the company's 32nd consecutive year of annual dividend growth. The new dividend is payable on September 6, 2024, to shareholders of record as of August 23, 2024. With this increase, BMI's new annual dividend rate stands at $1.36 per share.
CEO Kenneth C. Bockhorst attributed this decision to the company's consistent approach to customer service, strategic execution, and strong cash flow generation. He emphasized that a durable dividend is a important component of Badger Meter's capital allocation framework.
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