earnings
confidence high
sentiment positive
materiality 0.60
Badger Meter Q1 2022 sales $132.4M (+12% YoY), EPS $0.49 vs $0.47
BADGER METER INC
2022-Q1 EPS reported
$0.49
revenue$132,402,000
- Total sales $132.4M, up 12% from $117.8M year ago; diluted EPS $0.49 vs $0.47.
- Gross margin 38.3% vs 41.9% due to inflation and supply chain disruptions.
- Utility water sales up 15% YoY; record order pace and backlog increased.
- Operating margin 14.2% vs 15.1% YoY; SEA expenses leveraged lower as percent of sales.
- Flow instrumentation sales flat YoY amid strong orders, constrained by supply chain.