MILWAUKEE (AP) — MILWAUKEE (AP) — Badger Meter Inc. (BMI) on Thursday reported first-quarter earnings of $29.1 million.
On a per-share basis, the Milwaukee-based company said it had profit of 99 cents.
The manufacturer of products that measure gas and water flow posted revenue of $196.3 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $182.9 million.
Badger Meter shares have decreased roughly 1% since the beginning of the year. The stock has climbed 27% in the last 12 months.
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