secwatch.observer — SEC 8-K summary
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Issuer:     BADGER METER INC (BMI)
CIK:        0000009092
Form:       8-K
Filed at:   2021-07-20T23:59:59+00:00
Accession:  0001157523-21-000886
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Badger Meter Q2 record sales $122.9M, EPS $0.48 (+45% YoY); backlog at record
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- Sales $122.9M (+35% YoY); diluted EPS $0.48 (+45% from $0.33).
- Utility water sales up 38% YoY; core (ex-acquisitions) up 22%.
- Gross margin improved 150bps to 40.8%; operating margin 15.2% (up 130bps).
- Record backlog; supply chain disruptions limiting output; robust order pace.
- Credit facility upsized to $150M; no outstanding borrowings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/9092/000115752321000886/0001157523-21-000886-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/9092/000115752321000886/a52462250.htm
  HTML page:      https://secwatch.observer/filing/0001157523-21-000886

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer