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Badger Meter Reports Fourth Quarter and Full Year 2023 Financial Results
BMIBadger Meter(BMI) Businesswire·2024-01-26 13:30

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 182.4million,24182.4 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,upfrom0.84, up from 0.60 in the comparable prior year quarter. Record cash ...