Badger Meter reported record fourth-quarter sales of $135.7 million, a 21% increase compared to the prior year. Diluted EPS increased by 31% to $0.59. Strong order momentum continued, and the company exited the quarter with a record backlog.
Record total sales of $135.7 million, a 21% increase year-over-year.
Operating profit margins increased by 170 basis points.
Diluted earnings per share (EPS) were $0.59, a 31% increase year-over-year.
Cash provided by operations was $27.1 million.
Sporadic supply chain disruptions and inflation headwinds are expected to continue in the near term, but the company expects to continue to deliver strong financial results through execution momentum.
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