MILWAUKEE (AP) _ Badger Meter Inc. (BMI) on Friday reported fourth-quarter earnings of $13.1 million.

On a per-share basis, the Milwaukee-based company said it had net income of 45 cents.

The manufacturer of products that measure gas and water flow posted revenue of $112.3 million in the period.

For the year, the company reported profit of $49.3 million, or $1.69 per share. Revenue was reported as $425.5 million.

Badger Meter shares have risen roughly 3% since the beginning of the year. The stock has risen 57% in the last 12 months.

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