Press Releases

Energy Recovery Achieves Record-Breaking First Quarter 2022 Revenue

SAN LEANDRO, CA / ACCESSWIRE / May 4, 2022 / Energy Recovery, Inc. (NASDAQ:ERII) ("Energy Recovery" or the "Company") today announced its financial results for the first quarter ended March 31, 2022.News SummaryRevenue of $32.5 million, an increase of 12% year-over-year ("YoY").Income from operations of $8.2 million, an increase of 34% YoY, and adjusted income from operations(1) of $10.1 ...... read more

Energy Recovery to Host First Quarter 2022 Financial Results Conference Call on May 4, 2022

SAN LEANDRO, CA / ACCESSWIRE / April 8, 2022 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ending March 31, 2022, on May 4, 2022 after market close.The Company will host a conference call to discuss first quarter results and related matters on Wednesday, May 4, 2022 at 2:00 PM PT / 5:00 PM ET.EARNINGS RELEASEWednesday, May ...... read more

Energy Recovery Awarded SWRO Contracts Totaling Over $20 Million in the Gulf Region

SAN LEANDRO, CA / ACCESSWIRE / April 7, 2022 / Energy Recovery, Inc. (NASDAQ:ERII) today announced multiple contract awards in the Gulf region totaling over $20 million for its PX® Pressure Exchanger® energy recovery devices. The orders are expected to be fulfilled by Q4 of 2023 and altogether, the desalination plants will be able to provide over one million cubic meters of water each day in ...... read more

Energy Recovery Achieves Record-Breaking Fourth Quarter and Fiscal Year 2021 Product Revenue

SAN LEANDRO, CA / ACCESSWIRE / February 24, 2022 / Energy Recovery, Inc. (Nasdaq:ERII) today announced its financial results for the fourth quarter and fiscal year ended December 31, 2021. The Company achieved 13% product revenue growth for the fiscal year 2021 across all business segments."We are pleased to report another year of record revenue in 2021. This achievement reflects the important ...... read more

Energy Recovery Receives Industrial Wastewater Treatment Contracts Totaling $885K in New Market Verticals in Asia

SAN LEANDRO, CA / ACCESSWIRE / February 17, 2022 / Energy Recovery, Inc. (NASDAQ:ERII) today announced two awards to supply its PX® Pressure Exchanger® (PX) energy recovery devices and an array of pumps to support industrial wastewater treatment operations at a battery-grade lithium carbonate manufacturing facility in Tibet, China and a textile wastewater treatment facility in Rajasthan, ...... read more

Energy Recovery to Host Year End and Fourth Quarter 2021 Financial Results Conference Call

SAN LEANDRO, CA / ACCESSWIRE / January 25, 2022 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the year and quarterly period ending December 31, 2021, on February 24, 2022 after market close.The Company will also host a conference call to discuss the fourth quarter and year-end financial results and related matters on Thursday, February 24, 2022 ...... read more

Energy Recovery Awarded Nearly $25 Million in Contracts with SWRO Plants in Kingdom of Saudi Arabia

SAN LEANDRO, CA / ACCESSWIRE / January 19, 2022 / Energy Recovery (NASDAQ:ERII) today announced contract awards totaling nearly $25 million for its PX® Pressure Exchanger® (PX) energy recovery devices for desalination plants in the Kingdom of Saudi Arabia, as well as several of the company's PX PowerTrain™ solutions. The capacity for the combined plants will be 1 million cubic meters per day, ...... read more

Joan Chow Joins Energy Recovery Board of Directors

SAN LEANDRO, CA / ACCESSWIRE / December 20, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced the appointment of Joan Chow to its Board of Directors."We are delighted to have Ms. Chow join our board, who brings years of experience as an executive and corporate director in multiple industries," said Robert Mao, Chairman of the Board, President and Chief Executive Officer of Energy ...... read more

Energy Recovery Reports Third Quarter Financial Results

SAN LEANDRO, CA / ACCESSWIRE / November 4, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced its financial results for the third quarter ended September 30, 2021."2021 is playing out as expected, and we are well positioned to end the year in record fashion. Our desalination business continues to demonstrate strength, and we are building our pipeline of new industrial wastewater ...... read more

Energy Recovery Signs Agreement with Vallarta Supermarkets for First Commercial PX G Deployment

SAN LEANDRO, CA and SAN FERNANDO VALLEY, CA / ACCESSWIRE / November 2, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) and Vallarta Supermarkets, a California-based company with more than 50 locations, today announced an agreement to install Energy Recovery's PX G1300 (PX G) energy recovery device in Vallarta Supermarkets' store located in the City of Indio in Southern California. "As we've ...... read more