Every material Form 8-K Badger Meter filed with the SEC in 2023, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Badger Meter reported record third quarter 2023 results, with net sales of $186.2 million, up 26% from $148.0 million a year earlier. Diluted earnings per share rose 44% to $0.88, and operating earnings increased 31%. The company also announced a 20% increase in its annual dividend rate, its 31st consecutive annual increase.
Net sales of $186.2 million, up 26% from $148.0 million in the third quarter of 2022.
Diluted EPS of $0.88, up from $0.61; the 20.3% tax rate included a discrete favorable income tax benefit.
Operating profit margin expanded 80 basis points to 16.9% from 16.1%.
Annual dividend rate increased 20%, the 31st consecutive annual increase; net cash provided by operations was $31 million, up 32%.
Badger Meter reported record second-quarter 2023 results, with net sales of $175.9 million, up 28% from $137.8 million a year earlier. Diluted earnings per share rose 33% to $0.76, and operating profit increased 34%, showing growth in both sales and profit for shareholders. Management said it expects benefits from stabilizing supply chain and inflation conditions for the rest of 2023, while acknowledging tougher comparisons in the second half.
Q2 2023 net sales of $175.9 million, up 28% from $137.8 million
Diluted EPS of $0.76, up from $0.57; operating profit up 34% year over year
Operating profit margin of 16.8%, up 80 basis points from 16.0%
Utility water sales rose 32% year over year; flow instrumentation sales rose 6%
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Badger Meter filing is on SEC EDGAR ↗. 8-K briefs of other companies →