Badger Meter Inc. (NYSE:BMI) reported results for the third quarter ended September 30, 2011. Net sales were $69,698,000 for the third quarter of 2011, a 7.9% decrease from record sales of $75,702,000 for the third quarter of 2010. Net earnings were $6,880,000 for the third quarter of 2011, a 23.8% decrease from record net earnings of $9,023,000 for the third quarter of 2010. Diluted earnings per share were $0.46 for the third quarter of 2011, a 23.3% decrease from record diluted earnings per share of $0.60 for the third quarter of 2010.

Badger Meter, Inc. engages in manufacturing and marketing liquid flow measurement and control technology products worldwide. Its products are used in various applications, including water, oil, and chemicals.

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