Shares of Badger Meter (BMI -6.9%) slip after missing the mark on its Q4 report late yesterday,...

|About: Badger Meter, Inc. (BMI)|By:, SA News Editor

Shares of Badger Meter (BMI -6.9%) slip after missing the mark on its Q4 report late yesterday, due largely to acquisition costs, and despite a 22% jump in total revenue. Net earnings soared to $5.5M for the quarter, a 362% increase from Q411, largely due to the acquisition of Racine Federated in January 2012, along with higher sales of residential water meters.