Badger Meter Q3 2022: Record sales of $148M, EPS $0.61 (+13% YoY)

BADGER METER INC

2022-Q3 EPS reported $1.67 revenue$418,244,000

Total sales $148.0M, up 15% YoY; excluding FX impact, growth nearly 17%.
Diluted EPS $0.61, up from $0.54 in prior year; operating profit margin expanded 100 bps to 16.1%.
Utility water sales rose 17%; driven by E-Series Ultrasonic meters, ORION Cellular endpoints, BEACON SaaS.
Net cash from operations $23.8M; announced 30th consecutive annual dividend rate increase.

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