Badger Meter hits record high on Q1 profit beat

Badger Meter

20/04/2023 16:21

** Shares of water tech firm Badger Meter Inc  BMI.N  hit a
record high 
    ** Stock up 10.2% at $132.79
    ** Co posts Q1 EPS of $0.66, above anlaysts' est of $0.55
per share
    ** Quarterly rev was $159.1 mln, a 20% increase from prior
year's $132.4 mln
    ** Net earnings for the quarter also rose to $19.4 mln from
$14.4 mln in Q1 2022 
    ** Up to last close, stock up 21.8% YTD
    

 (Reporting by Khushi Singh)
 ((Khushi.Singh@thomsonreuters.com;))