badger meter inc (BMI) Key Developments
Badger Meter Inc. Announces Consolidated Unaudited for the Second Quarter and Six Months Ended June 30, 2015
Jul 20 15
Badger Meter Inc. announced consolidated unaudited for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net sales of $98,896,000 against $95,662,000 a year ago. Operating earnings were $12,182,000 against $14,221,000 a year ago. Earnings before income taxes were $11,863,000 against $13,910,000 a year ago. Net earnings were $7,901,000 against $8,814,000 a year ago. Earnings per diluted share was $0.55 against $0.61 a year ago. The decrease in second quarter earnings was due to a number of factors.
For the half year, the company reported net sales of $182,540,000 against $179,158,000 a year ago. Operating earnings were $19,235,000 against $21,911,000 a year ago. Earnings before income taxes were $18,599,000 against $21,309,000 a year ago. Net earnings were $12,128,000 against $13,446,000 a year ago. Earnings per diluted share was $0.84 against $0.94 a year ago.
Badger Meter Inc. Announces New RCVcalc Valve Sizing Software
Jun 16 15
Badger Meter Inc. to introduce its new sizing software for Research Control® Valves (RCV). This software will adapt to the unique process requirements of a plant and guides specifiers through selecting the right control valve for any project. With more than 2000 different media available and the ability to create customized media, plus automatic phase identification, RCVcalc provides accurate and meaningful valve sizing information to better reflect the system parameters of individual applications. RCVcalc enables users to graphically visualize their operation set points and review various trims and characteristics, which are dynamically filtered based on their selections. The software provides realtime scenarios to review trims and control points while considering the rangeability of each innervalve. For low flow calculations, RCVcalc features advanced formulas to serve transitional and laminar flow situations. Leveraging the REFPROP package from the National Institute of Standards and Technology (NIST), RCVcalc provides direct access to predetermined thermodynamic equations of various fluid states providing higher accuracy for high pressure and/or low temperature applications.
Badger Meter Inc., Q2 2015 Earnings Call, Jul 21, 2015
Jun 11 15
Badger Meter Inc., Q2 2015 Earnings Call, Jul 21, 2015
Major California Water Utility Experiences Significant Savings Using Technology Solution from Trimble and Badger Meter
May 20 15
Trimble and Badger Meter announced that adoption of the Trimble® Unity solution has enabled the City of Sacramento Department of Utilities (DOU) to streamline installations and achieve significant savings on their citywide Badger Meter Advanced Metering Infrastructure (AMI) deployment project. The initial rollout of the Trimble technology solution streamlined the Badger Meter deployment and produced a return-on-investment (ROI) in 3 months; with the full deployment projected to enable the DOU to achieve savings of approximately $1.6 million over the 5-year meter deployment project. For the Advanced Metering Analytics (AMA) solution, DOU is deploying new endpoints with a BEACON AMA system using ORION two-way fixed network endpoints. To support the deployment and maximize efficient use of resources, the DOU selected Trimble Unity software, a unified, GIS-centric, collaboration platform for managing critical utility assets and field operations, and the Trimble Ranger™ 3 rugged handheld computers, equipped for use with the ORION SE network. The Trimble Unity Meter Change-out app, which supports meter deployment, installation and maintenance operations, was used for the WMRA project. The DOU realized its ROI for the Trimble Unity solution in just 3 months. The total projected savings attributable to Trimble Unity for the WMRA project are approximately $1.6 million over the 5-year meter deployment project. These savings came from the elimination of extra trips to each worksite (installation and inspection are now completed in one trip, rather than two) and elimination of back-office manual data entry. Trimble partnered with Badger Meter to modify the Trimble Ranger 3 rugged handheld computer with an integrated ORION transceiver for operation within the ORION two-way fixed communications network. For the WMRA project workflow, DOU office personnel schedule jobs in Cityworks; projects are then imported into Trimble Unity and dispatched to the field crews using the Trimble Ranger 3 handheld computers. The crews can use the Rangers to sync their jobs over Wi-Fi, program the meters, capture meter information and condition data, including the GPS location of each meter and photos if needed, and transmit the data to the back office, where personnel use Trimble Unity to review the project progress and export projects and data into Cityworks. The Trimble Unity solution is a unified, GIS-centric, cloud-based and mobile collaboration software platform that includes a suite of applications for managing critical utility assets and field operations. By integrating GIS and field operations, sensors and wireless communications, mobile workers and office professionals, and field and back-office enterprise systems, Trimble Unity provides a comprehensive solution for improving operations, reducing cost, enhancing customer service, and regulatory reporting. Trimble Unity is available through a software-as-a-service (SaaS) subscription.
Badger Meter Inc. Declares Regular Quarterly Dividend, Payable June 15, 2015
Apr 24 15
The Badger Meter Inc. Board of Directors declared a regular quarterly cash dividend of $0.19 cents per share to shareholders of record May 29, 2015, payable June 15, 2015.