Recap: Badger Meter Q2 Earnings

Shares of Badger Meter BMI were flat in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share fell 15.38% over the past year to $0.33, which missed the estimate of $0.34.

Revenue of $91,119,000 decreased by 12.00% from the same period last year, which missed the estimate of $98,650,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Jul 16, 2020

Time: 11:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.badgermeter.com%2Fhome%2Fdefault.aspx&eventid=2403296&sessionid=1&key=1C489E353A390CB491C441BD0E4398FE&regTag=&sourcepage=register

Recent Stock Performance

Company's 52-week high was at $70.83

Company's 52-week low was at $41.50

Price action over last quarter: Up 10.78%

Company Profile

Badger Meter Inc is a manufacturer and marketer of products incorporating flow measurement, control and communication solutions. The company's products measure water, oil, chemicals and other fluids, provide and communicate timely measurement data. Badger's product lines include two categories: sales of water meters and related technologies to municipal water utilities (municipal water), and sales of meters to various industries for water and other fluids (flow instrumentation). It derives most of its revenues from the United States.