Badger Meter reported strong Q1 earnings with solid revenue growth and shares soaring 10%.

From Nasdaq: 2025-04-21 05:42:00

Badger Meter, Inc. (BMI) reported first-quarter 2025 earnings per share (EPS) of $1.30, beating the Zacks Consensus Estimate by 20.4%. Quarterly net sales were $222.2 million, up 13% from the year-ago quarter, driven by higher utility water sales and the SmartCover acquisition. Shares rallied 9.64% post-earnings.

Utility water sales for BMI rose 16% in the first quarter, driven by strong demand for various meters and solutions. Flow instrumentation sales dipped 5% year over year but showed sequential growth. Gross profit and operating earnings both saw significant increases, showcasing operational efficiency and cost control.

Badger Meter acquired SmartCover to expand its smart water portfolio, integrating advanced monitoring capabilities into its suite. The company reported record quarterly free cash flow of $30 million in Q1 2025, a 60% increase year over year. Management expects high single-digit revenue growth over the long term.

In other news, BlackBerry Limited (BB) reported fourth-quarter fiscal 2025 non-GAAP EPS of 3 cents, beating estimates. Simulations Plus, Inc. (SLP) reported second-quarter fiscal 2025 adjusted earnings of 31 cents per share, while CSX Corporation (CSX) reported disappointing first-quarter 2025 results. Shares of BB and SLP have gained and declined, respectively, in the past year.



Read more at Nasdaq: Badger Meter Q1 Earnings Beat on Solid Revenue Growth, Shares Soar 10%