Badger Meter, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
January 29, 2021 at 07:06 pm IST
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Badger Meter, Inc. announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was USD 112.329 million compared to USD 107.556 million a year ago. Operating income was USD 16.962 million compared to USD 16.343 million a year ago. Net income was USD 13.094 million compared to USD 12.274 million a year ago. Basic earnings per share from continuing operations was USD 0.45 compared to USD 0.42 a year ago.
Badger Meter, Inc. is a manufacturer and marketer of products incorporating flow measurement, quality, control and other system solutions serving markets worldwide. Its solutions encompass smart measurement hardware, reliable communications, data and analytics software as well as ongoing support to optimize customers' operations. Its smart measurement hardware is primarily comprised of product families, such as meters that measure the flow of water and other fluids, water quality monitoring solutions, including optical sensing and electrochemical instruments that provide real-time, on-demand data parameters, and high frequency pressure and acoustic leak detection hardware that provides real-time monitoring data. It offers a range of communication solutions, which include the ORION branded family of radio endpoints, for communicating data from hardware into usable applications. It also offers training, project management, technical support and other collaborative services for customers.