Badger Meter Inc. Files Q1 2024 10-Q

Ticker: BMI · Form: 10-Q · Filed: 2024-04-19T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, quarterly-report, financials

Related Tickers: BMI

TL;DR

**BADGER METER (BMI) Q1 2024 10-Q FILED - FINANCIALS OUT**

AI Summary

Badger Meter Inc. reported its first quarter results for the period ending March 31, 2024. The company's financial performance for the quarter and year-to-date is detailed in this 10-Q filing. Specific financial figures and operational highlights are presented within the document.

Why It Matters

This filing provides investors and analysts with the official financial performance data for Badger Meter Inc. for the first quarter of 2024, crucial for understanding the company's current health and future prospects.

Risk Assessment

Risk Level: low — This is a standard quarterly financial filing (10-Q) and does not inherently present new risks.

Key Numbers

Key Players & Entities

FAQ

What is the reporting period for this 10-Q filing?

The reporting period is for the quarter ended March 31, 2024.

When was this 10-Q filed with the SEC?

This 10-Q was filed on April 19, 2024.

What is Badger Meter Inc.'s Standard Industrial Classification code?

Badger Meter Inc.'s SIC code is 3824, for Totalizing Fluid Meters & Counting Devices.

What is the company's business address?

The business address is 4545 West Brown Deer Road, Milwaukee, WI 53223.

What is the company's state of incorporation?

The company is incorporated in Wisconsin (WI).

From the Filing

0000950170-24-045898.txt : 20240419 0000950170-24-045898.hdr.sgml : 20240419 20240419140703 ACCESSION NUMBER: 0000950170-24-045898 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 50 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240419 DATE AS OF CHANGE: 20240419 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BADGER METER INC CENTRAL INDEX KEY: 0000009092 STANDARD INDUSTRIAL CLASSIFICATION: TOTALIZING FLUID METERS & COUNTING DEVICES [3824] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 390143280 STATE OF INCORPORATION: WI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-06706 FILM NUMBER: 24857068 BUSINESS ADDRESS: STREET 1: 4545 WEST BROWN DEER ROAD CITY: MILWAUKEE STATE: WI ZIP: 53223 BUSINESS PHONE: 4143715702 MAIL ADDRESS: STREET 1: 4545 W BROWN DEER RD CITY: MILWAUKEE STATE: WI ZIP: 53223 FORMER COMPANY: FORMER CONFORMED NAME: BADGER METER MANUFACTURING CO DATE OF NAME CHANGE: 19710729 10-Q 1 bmi-20240331.htm 10-Q 10-Q --12-31 0000009092 false Q1 9 months 1 year 1 year 1 year 1 Year 1 Year http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent 0000009092 us-gaap:TransferredAtPointInTimeMember 2024-01-01 2024-03-31 0000009092 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0000009092 us-gaap:CommonStockMember 2022-12-31 0000009092 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0000009092 country:MX 2023-01-01 2023-03-31 0000009092 us-gaap:CommonStockMember 2023-03-31 0000009092 2023-12-31 0000009092 us-gaap:TreasuryStockCommonMember 2023-01-01 2023-03-31 0000009092 country:MX 2024-01-01 2024-03-31 0000009092 us-gaap:AccumulatedTranslationAdjustmentMember 2023-12-31 0000009092 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2024-01-01 2024-03-31 0000009092 srt:AsiaMember 2023-01-01 2023-03-31 0000009092 us-gaap:TreasuryStockCommonMember 2022-12-31 0000009092 bmi:CustomerRelationshipsDevelopedTechnologyAndTrademarksMember bmi:SyrinixLimitedMember srt:MaximumMember 2023-01-01 2023-12-31 0000009092 bmi:OtherGeographicalAreasMember 2023-01-01 2023-03-31 0000009092 us-gaap:TreasuryStockCommonMember 2023-03-31 0000009092 2022-12-31 0000009092 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0000009092 us-gaap:CommonStockMember 2024-03-31 0000009092 2024-04-01 2024-03-31 0000009092 us-gaap:RetainedEarningsMember 2023-03-31 0000009092 us-gaap:TreasuryStockCommonMember 2024-01-01 2024-03-31 0000009092 us-gaap:RetainedEarningsMember 2024-03-31 0000009092 2023-03-31 0000009092 srt:AsiaMember 2024-01-01 2024-03-31 0000009092 bmi:ServiceConcentrationRiskMember us-gaap:TransferredOverTimeMember us-gaap:SalesRevenueNetMember 2024-01-01 2024-03-31 0000009092 us-gaap:MiddleEastMember 2024-01-01 2024-03-31 0000009092 us-gaap:MiddleEastMember 2023-01-01 2023-03-31 0000009092 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0000009092 bmi:ServiceConcentrationRiskMember us-gaap:TransferredOverTimeMember us-gaap:SalesRevenueNetMember 2023-01-01 2023-03-31 0000009092 2024-01-01 2024-03-31 0000009092 bmi:SyrinixLimitedMember 2023-01-01 2023-12-31 0000009092 2030-01-01 2024-03-31 0000009092 us-gaap:ProductConcentrationRiskMember us-gaap:SalesRevenueNetMember us-gaap:TransferredAtPointInTimeMember 2024-01-01 2024-03-31 0000009092 country:CA 2024-01-01 2024-03-31 0000009092 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0000009092 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2023-03-31 0000009092 2028-01-01 2024-03-31 0000009092 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0000009092 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2023-01-01 2023-03-31 0000009092 us-gaap:RetainedEarningsMember 2022-12-31 0000009092 us-gaap:AccumulatedTranslationAdjus

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