secwatch.observer — SEC 8-K summary
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Issuer:     BADGER METER INC (BMI)
CIK:        0000009092
Form:       8-K
Filed at:   2022-04-19T23:59:59+00:00
Accession:  0001157523-22-000443
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Badger Meter Q1 2022 sales $132.4M (+12% YoY), EPS $0.49 vs $0.47
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/9092/000115752322000443/0001157523-22-000443-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/9092/000115752322000443/a52689190.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000443

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