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Zacks Investment Research Downgrades Badger Meter, Inc. (BMI) to Sell

2015-12-30 13:43:04| Industrial Machines - Topix.net

According to Zacks, "Badger Meter reported an 18% year-over-year decline in earnings to $0.58 per share in the third quarter of 2015 mainly impacted by lower margins, and higher selling, engineering and administration expenses due to the National Meter acquisition and a high tax rate. Badger Meter's gross margin will be impacted by the product issue with radios, product mix and pricing pressure.

Tags: research sell investment meter

Category:Industrial Goods and Services

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