Badger Meter slides on Q1 revenue miss

Badger Meter

17/04/2026 14:17

** Shares of fluid meters manufacturer Badger Meter BMI.N fall 18.6% to $124.01 premarket

** Co reports Q1 sales of $202.3 million vs analysts' estimate of $230.4 million, according to data compiled by LSEG

** Utility water sales declined 10% year-on-year reflecting project timing, softer short‑cycle municipal customer ordering

** Posts Q4 EPS of $0.93 vs analysts' estimate of $1.38

** BMI to buy UDlive Limited for $100 million; acquisition to be funded by cash on hand

** Stock fell 17.78% in 2025

 (Reporting by Megha Anilkumar Nair)

 ((MeghaAnilkumar.Nair@thomsonreuters.com;))