Badger Meter reports Q2 EPS $1.17, consensus $1.23

Reports Q2 revenue $238.1M, consensus $236.95M. “We delivered strong sales growth, solid profitability and robust cash flow against last year’s quarterly sales high-water mark,” said Kenneth Bockhorst, chairman, president and CEO. “Demand for our versatile, industry-leading cellular AMI solution and broad BlueEdgeTM portfolio of tailorable water management solutions remained steady, despite continuously evolving and challenging macroeconomic, trade and policy environments. I’d like to thank our dedicated employees for their continued efforts delivering yet another record sales quarter and for supporting our customers.”