In the most recent quarter, Badger Meter Inc. (BMI) posted outstanding financial returns, with sales growth peaking at 26% and a record-setting Earnings Per Share (EPS). The company demonstrated notable growth, reflecting an 80 basis point hike in its operating margin and generating substantial cash flow, which has facilitated its capital allocation strategy, including increasing dividends.
BMI is witnessing remarkable expansion across its comprehensive assortment of digital smart water solutions. This growth is also supported by the gradual restoration of supply chain conditions, resulting in a surge in sales.
