Financial PerformanceBadger Meter reported a strong 2Q24 operating beat with upside on sales and margins.
Market PositionBadger Meter, a U.S. market leader in water metering solutions, has been outperforming the category with growth strategies in hardware, communications and software which are well aligned with category trends.
Strategic GrowthBadger Meter noted a strong funnel of niche water mergers and acquisitions targets, particularly in sensor technology, with a solid funding position of $259M cash and no debt.