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Badger Meter Inc.

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Badger Meter reported an 18% year-over-year decline in earnings to $0.58 per share in the third quarter of 2015 mainly impacted by lower margins, and higher selling, engineering and administration expenses due to the National Meter acquisition and a high tax rate. Badger Meter’s gross margin will be impacted by the product issue with radios, product mix and pricing pressure. Moreover, Badger Meter’s performance will be hurt by the weakening oil and gas sector, strong U.S. dollar, volatile raw material prices and strong competition.

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