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Class action lawsuit filed over Badger Meter's Q1 earnings miss and stock plunge

Market News
23 Jun 2026
GlobeNewsWire
View Source
Bearish
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Pomerantz LLP has filed a class action lawsuit against Badger Meter, Inc. following the company's Q1 2026 earnings report, which missed analyst expectations with earnings per share of $0.93 and revenue of $202.03 million. The company also reported a 10% decline in utility water sales, leading to a 24.13% drop in its stock price on April 17, 2026. The lawsuit alleges securities fraud and other unlawful practices by Badger Meter and its executives. Investors who purchased shares during the class period have until August 3, 2026, to join the lawsuit or seek lead plaintiff status.

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