secwatch.observer — SEC 8-K summary
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Issuer:     BADGER METER INC (BMI)
CIK:        0000009092
Form:       8-K
Filed at:   2021-10-15T23:59:59+00:00
Accession:  0001157523-21-001205
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Badger Meter Q3 2021: record sales $128.7M (+13.3%), EPS $0.54, dividend raised for 29th year
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- Record sales of $128.7M (+13.3% YoY); diluted EPS $0.54 vs $0.51 in prior year.
- Utility water sales up 12.2% (core +1.7%); flow instrumentation +18.5%.
- Gross margin 39.8% (+20 bps); operating margin 15.1% (-210 bps) as SG&A rose $6.2M.
- Cash flow from ops $17.7M; record high order backlog entering Q4.
- 29th consecutive annual dividend increase; supply chain disruptions expected to persist into 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/9092/000115752321001205/0001157523-21-001205-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/9092/000115752321001205/a52509536.htm
  HTML page:      https://secwatch.observer/filing/0001157523-21-001205

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