secwatch.observer — SEC 8-K summary
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Issuer:     BADGER METER INC (BMI)
CIK:        0000009092
Form:       8-K
Filed at:   2024-01-26T23:59:59+00:00
Accession:  0001157523-24-000122
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Badger Meter Q4 sales up 24% to $182.4M, EPS $0.84 (+40%); record full-year results
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- Q4 sales $182.4M (+24% YoY); diluted EPS $0.84 (+40%); operating margin 17.6% (up 230 bps).
- Full-year sales $703.6M (+24%); diluted EPS $3.14 (+39%); record cash flow from ops $110.1M.
- Utility water sales +28% YoY, driven by cellular AMI, BEACON SaaS, and E-Series ultrasonic meters.
- Software sales exceeded $42M (+27% YoY). Completed acquisition of remote water monitoring assets post-year-end.
- CEO expects 2024 sales and earnings growth year-over-year driven by resilient demand and backlog.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/9092/000115752324000122/0001157523-24-000122-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/9092/000115752324000122/a53887922.htm
  HTML page:      https://secwatch.observer/filing/0001157523-24-000122

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