Investing.com - Badger Meter (NYSE:BMI) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Badger Meter announced earnings per share of $0.61 on revenue of $148.00. Analysts polled by Investing.com anticipated EPS of $0.58 on revenue of $137.86M.
Badger Meter shares are down 9% from the beginning of the year, still down 13.70% from its 52 week high of $112.36 set on December 8, 2021.
Badger Meter follows other major Information Technology sector earnings this month
Badger Meter's report follows an earnings beat by Taiwan Semiconductor on October 13, who reported EPS of $1.79 on revenue of $20.23B, compared to forecasts EPS of $1.65 on revenue of $19.44B.
ASML ADR had beat expectations on Wednesday with third quarter EPS of $4.29 on revenue of $5.78B, compared to forecast for EPS of $3.96 on revenue of $5.68B.
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