Badger Meter Reports Fourth Quarter and Full Year 2023 Financial Results

MILWAUKEE--(BUSINESS WIRE)--Badger Meter, Inc. (NYSE: BMI) today reported results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Highlights Total sales of $182.4 million, 24% higher than the prior year’s $147.3 million. Operating profit increased 43% year-over-year, with operating profit margins expanding 230 basis points to 17.6% from 15.3%. Diluted earnings per share (EPS) increased 40% to $0.84, up from $0.60 in the comparable prior year quarter. Record cash ...