earnings
confidence high
sentiment positive
materiality 0.72
Badger Meter Q2 sales $137.8M (+12% YoY), EPS $0.57 (+19%); record backlog
BADGER METER INC
2022-Q2 EPS reported
$1.06
revenue$270,235,000
- Total sales $137.8M, up 12% YoY; ex-FX nearly 14%; utility water sales +14%.
- Diluted EPS $0.57 vs $0.48 prior year (+19%); operating margin 16.0% (+80 bps).
- Gross margin 39.7%, up 140 bps sequentially but down from 40.8% prior year.
- SEA expenses 23.7% of sales vs 25.6% prior year; net cash from ops $19.7M.
- Record backlog driven by strong order pace; supply chain constraints persist.