Badger Meter, Inc. (BMI) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Please go ahead, Ms. Bauer. Thank you. Good morning. Thanks for joining us for Badger Meters first quarter 2025 earnings conference call and the 72nd and last quarterly earnings call for me ever with my May 2nd retirement date now just two short weeks away. Joining me on the call today are Ken Bockwurst, Chairman, President, and Chief Executive Officer, Bob Rockledge, Chief Financial Officer, and Barb Noverini, Senior Director of Investor Relations. Please note that the earnings release and related slide presentation are available on our website. Quickly, I'll cover the safe harbor, reminding you that any forward-looking statements made during this call are subject to various risks and uncertainties, the most important of which are outlined in our press release and SEC filing. On the call, we will refer to certain non-GAAP financial metrics. Our earnings slides provide a reconciliation of the GAAP to non-GAAP financial metrics used. With that, I'll turn the call over to Kevin. Thanks, Karen, and thank you all for joining our call. I'm pleased with our start to the year with another quarter of solid revenue growth, record operating margins, and robust earnings per share improvement, which continues to reflect the durable drivers supporting water industry technology adoptions. Our results now include Smart Cover following completion of the acquisition in late January. Since then, we've been onboarding our new colleagues and setting common goals to capture the many opportunities we have to drive sales and operating synergies. We've heard strong positive feedback on our combination from many customers who recognize the value of adding Smart Cover's sewer and lift station monitoring capabilities to our blue edge suite of water management solutions. I'll be back to provide...