Investing.com - Badger Meter 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 and are trading at $96.97 , down-from-52-week-high.
Badger Meter follows other major Information Technology sector earnings this month
Badger Meter's report follows an earnings beat by Taiwan Semiconductor on Thursday, October 13, 2022, 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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