November 2023 Investor Presentation
Latest Presentation
Upcoming Event
2024 ERII Annual Meeting of Shareholders
Latest Financial Results
Q1 2024
Quarter Ended Mar 31, 2024
$12.1M
Revenue of $12.1 million, which is in-line with our February 2024 guidance.
59.0%
Gross margin of 59.0%, a decrease of 190 bps, as compared to Q1’2023, due primarily to higher manufacturing costs and an increase in inventory scrap.
$18.1M
Operating expenses of $18.1 million, an increase of 11%, as compared to Q1’2023, due primarily to increased investments within sales and marketing and Executive transition costs.
$129.5M
Cash and investments of $129.5 million, which include cash, cash equivalents, and short- and long-term investments.
For complete information regarding our financials, see our periodic filings
Latest Annual Filing
For Fiscal Year Ending Dec 31, 2023
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Innovative Technology Made to Solve Complex Issues
Energy Recovery (NASDAQ:ERII) is a trusted global leader in energy efficiency technology. Building on our pressure exchanger technology platform, we design and manufacture reliable, high-performance solutions that generate cost savings and increase energy efficiency across several industries. With a strong foundation in the desalination industry, Energy Recovery has delivered transformative solutions that increase operational efficiency and provide a positive environmental impact to our customers worldwide for more than 30 years. Headquartered in the San Francisco Bay Area, Energy Recovery has manufacturing, research, and development facilities across California and Texas, with sales and on-site technical support available globally.
Energy Recovery at a Glance
Employees
Countries with employees
Product Revenue
As of Dec. 31, 2023 • 2023 10-K
For complete information regarding our financials, see our periodic filings.
2023 Revenue Breakdown
Revenue by Operating Segment in FY2023
As of Dec. 31, 2023 • 10-K 2023
Revenue by Primary Geographic Markets in FY2023
As of Dec. 31, 2023 • 10-K 2023
YoY Product Revenue
(in thousands)
As of Dec. 31, 2023 • 10-K 2023
Environmentally and Socially Conscious with Every Decision
Sustainability is at the core of what we do. In addition to developing and manufacturing solutions that help our customers reduce their emissions, we are dedicated to applying the principles of sustainability to our own operations.
Explore our Sustainability ProgramIR Contacts
Corporate Office
Energy Recovery
1717 Doolittle Drive
San Leandro, CA 94577
United States
Investor Relations
Energy Recovery
1717 Doolittle Drive
San Leandro, CA 94577
United States
346-382-6927
ir@energyrecovery.com
Transfer Agent
AST Financial
800-937-5449
help@astfinancial.com