Net earnings were a record
Diluted earnings per share were a record
Net earnings were
Diluted earnings per share were
Meeusen said the company is seeing significant increases in sales of two municipal water products that were introduced in 2013. Sales of ORION® SE two-way fixed network meter reading systems and the new polymer version of the company's E-Series® line of ultrasonic meters for residential and commercial applications continue to ramp up as they gain acceptance in the market.
"In the municipal water industry, the process from product launch to customer adoption takes some time. As a result, we are also encouraged by the response to our newest product, the BEACON Advanced Metering Analytics (AMA) system, which was introduced in January.
BEACON AMA combines both fixed and cellular networks with proprietary software, all in a single managed solution. It reduces the need for costly network infrastructure and gives utilities greater control and more information to better manage their operations and enhance customer service. It also includes the EyeOnWater consumer portal and smartphone/tablet app, which give end-water customers the opportunity to view and manage their water usage activity - a benefit that appeals to conservation-minded water utilities.
"Looking ahead, with two strong quarters behind us, we are cautiously optimistic about the second half of the year," added Meeusen. Conference Call and Webcast Badger Meter management will hold a conference call to discuss the company's 2014 second quarter results on
Interested parties can listen to the call live on the Internet through the company's Web site: www.badgermeter.com or by dialing 1-888-679-8035 and entering the passcode 65629528. Listeners should dial in to the call at least 5-10 minutes prior to the start of the call or should go to the Web site at least 15 minutes prior to the call to download and install any necessary audio software. Participants may pre-register for the call at https://www.theconferencingservice.com/prereg/key.process?key=PYCHLTPV8. Pre-registrants will be issued a pin number to use when dialing into the live call which will provide quick access to the conference by bypassing the operator upon connection. In addition, the Webcast is also available through Thomson's investor portals. Individual investors can listen to the call at www.earnings.com, Thomson/CCBN's individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson's password-protected event management site, StreetEvents (www.streetevents.com).
Keywords for this news article include: Finance, Software,
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