Badger Meter (BMI) Tops Q2 EPS by 3c
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Badger Meter Reports Second Quarter 2018 Results
July 18, 2018 4:15 PM EDTCompany achieves record sales
MILWAUKEE--(BUSINESS WIRE)-- Badger Meter, Inc. (NYSE: BMI) today reported second quarter results for the quarter ended June 30, 2018.
Second Quarter 2018 Highlights
Net sales were a record $113,648,000 for the second quarter of 2018, a 9.1% increase from sales of $104,176,000 for the second quarter of 2017. Net earnings were $6,154,000 for the second quarter of 2018, a decrease of 42.0% from net earnings of $10,614,000 for the second quarter of 2017. Excluding the non-cash pension settlement charge discussed below, adjusted net earnings were a record $12,288,000... More