Badger Mete - BMI STOCK NEWS

Badger Meter (NYSE: BMI) has announced that it will release its second quarter 2024 earnings report on Friday, July 19, 2024, before the market opens. Following the release, the company will hold an earnings conference call at 10:00am CT. A live, listen-only webcast of the call will be available on the Investor section of Badger Meter’s website. Participants can pre-register for the call through a provided link. The webcast will be archived on the company's website until August 2, 2024. Badger Meter is a global leader in water solutions, offering data and analytics to optimize operations and support sustainable water use.

Badger Meter (NYSE: BMI) has published its 2023 Sustainability Report, emphasizing its commitment to Environmental, Social, and Governance (ESG) initiatives. The report underscores Badger Meter's growth strategy intertwined with sustainability, showcasing record sales and earnings, alongside significant reductions in greenhouse gas emissions and water intensity. Highlights include an 18% reduction in Scope 1 and 2 emissions intensity year-over-year and a 44% reduction from the 2020 baseline, a 9% reduction in water usage, and a 32% reduction in the total case incident rate. The company also reported improved employee engagement and new mental health programs. The report aligns with GRI, SASB, and TCFD standards.

Badger Meter, Inc. (NYSE:BMI) has declared a regular quarterly cash dividend of $0.27 per share for shareholders of record on May 24, 2024, payable on June 7, 2024. This announcement reflects the company's commitment to rewarding shareholders and maintaining financial stability.

Badger Meter, Inc. (BMI) reported record first-quarter 2024 financial results with total sales of $196.3 million, a 23% increase from the previous year. Operating profit rose by 46%, reaching a record 18.6% margin. Diluted EPS increased by 50% to $0.99. The company completed the acquisition of Telog/Unity remote network monitoring. Utility water sales grew by 29%, driven by smart water solutions. Gross margin improved to 39.3%. SEA expenses increased due to growth investments. EPS reached a record $0.99, up 50% from the prior year. Badger Meter remains focused on sustainable growth and was recognized for sustainability and workplace excellence.

Badger Meter, Inc. (BMI) will release its first quarter 2024 earnings on April 18, 2024. The earnings conference call will be held at 10:00am CT, with a live webcast available. Participants can pre-register to actively join the call. The webcast will be archived until May 2, 2024.

Badger Meter, Inc. (BMI) announces a regular quarterly cash dividend of $0.27 per share, payable to shareholders of record on February 23, 2024, and payable on March 8, 2024.

Badger Meter, Inc. reported a strong financial performance for the fourth quarter and full year of 2023, with total sales increasing by 24% and operating profit margins expanding. Diluted EPS increased by 40% in the fourth quarter, and a record $3.14 for the full year. The company also achieved record cash flow, and completed a strategic acquisition to expand its smart water offerings. Utility water sales increased by 28% year-over-year, and the company expressed confidence in its ability to drive strong shareholder returns in the future.

Badger Meter, Inc. (BMI) to Release Q4 and Full Year 2023 Earnings on January 26, 2024

Badger Meter, Inc. (NYSE: BMI) has acquired remote water monitoring hardware and software from Trimble (NASDAQ:TRMB), including the Telog brand of RTUs and Trimble Unity Remote Monitoring software. This acquisition expands the company's offerings for real-time monitoring in water, wastewater, stormwater, and environmental water monitoring. The Chairman, President, and CEO, Kenneth C. Bockhorst, sees this acquisition as a strategic fit that enhances the company's growth plans and provides customers with more efficient, resilient, and sustainable solutions.