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Stock impact report

Badger Meter Reports Third Quarter 2020 Results

Badger Meter, Inc (BMI)  More Company Research Source: Business Wire
Last badger meter, inc earnings: 4/16 08:30 am Check Earnings Report
US:NYSE Investor Relations: badgermeterinc.gcs-web.com/investor-overview
PDF MILWAUKEE--(BUSINESS WIRE)--Badger Meter, Inc. (NYSE: BMI) today reported results for the third quarter ended September 30, 2020.Third Quarter 2020 HighlightsResiliency of municipal water market evident with consolidated third quarter 2020 sales of $113.6 million, an increase of 5% compared to $108.6 million in the comparable prior year quarter; municipal water sales grew 11% year-over-year.Strong incremental profitability with a 210 basis point increase in operating profit margins.Net earnings and diluted earnings per share (EPS) were $14.9 million and $0.51, respectively, compared to $12.7 million and $0.44 in the comparable prior year period.Generated $21 million of cash provided by operations representing strong earnings conversion, ending the quarter with $94 million in cash on the balance sheet.Overview“During the quarter, we continued to effectively serve customers while protecting the health, safety and well-being of our employees and communities. We were pleased with the [Read more]
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