Badger Meter reports record 2Q results

Associated Press

July 21, 2017

MILWAUKEE - The second quarter had record results for Badger Meter, Inc., which reported its net sales were $104,176,000.

The second quarter results had an increase of 0.3 percent from sales of $103,820,000 for the second quarter of 2016.

Net earnings for the Milwaukee-based company were $10,614,000 for the second quarter of 2017, which also was a record for any quarter and increased 12.9 percent from net earnings of $9.4 million for the second quarter of 2016.

Diluted earnings per share of $0.36 for the second quarter of 2017 were a record for any quarter and increased 12.5 percent from diluted earnings per share of $0.32 for the second quarter of 2016.

Badger Meter is an innovator in flow measurement, control and communications solutions, serving water utilities, municipalities, and commercial and industrial customers worldwide.