Press Releases

Energy Recovery Reports Unaudited Financial Results for the First Quarter Of 2013

FIRST QUARTER HIGHLIGHTS: Net revenue increased 34% from $4.8 million in the first quarter of 2012 to $6.4 million in the first quarter of 2013 Gross profit margin increased from 26% in the first quarter of 2012 to 47% in the current period Operating expenses increased $1.6 million, or 26%, from $5.9 million in the first quarter of 2012 to $7.5 million in the first quarter of 2013 Net loss was ...... read more

Energy Recovery to Release Earnings and Host Conference Call

SAN LEANDRO, Calif., April 3, 2013 (GLOBE NEWSWIRE) -- Energy Recovery Inc (Nasdaq:ERII), the global leader in harnessing reusable energy from industrial fluid flows and pressure cycles, will release its financial results for the quarter ended March 31, 2013 on Wednesday, May 8, 2013 after the market close. Tom Rooney, President and Chief Executive Officer, and Alex Buehler, Chief Financial ...... read more

Energy Recovery Reports Unaudited Financial Results for 2012, Achieving 52% Revenue Growth Over 2011

FOURTH QUARTER HIGHLIGHTS: Net revenue increased 147% from $6.1 million in the fourth quarter of 2011 to $15.1 million in the fourth quarter of 2012 Gross profit margin increased from 1% in the fourth quarter of 2011 to 43% in the current period Operating expenses decreased $1.9 million, or 18%, from $10.6 million in the fourth quarter of 2011 to $8.7 million in the fourth quarter of 2012 Net ...... read more

Energy Recovery to Release Earnings and Host Conference Call

SAN LEANDRO, Calif., Jan. 17, 2013 (GLOBE NEWSWIRE) -- Energy Recovery Inc (Nasdaq:ERII), the leader in harnessing reusable energy from industrial fluid flows and pressure cycles, will release its financial results for the quarter ended December 31, 2012 and the full year of 2012 on Wednesday, March 6, 2013 after the market close. Tom Rooney, President and Chief Executive Officer, and Alex ...... read more

Energy Recovery Reports Unaudited Financial Results for the Third Quarter of 2012

THIRD QUARTER HIGHLIGHTS: Reflecting strong volume related to mega-project shipments, net revenue increased 113% from the third quarter of 2011 to the third quarter of 2012 Gross profit margin increased from 15% in the third quarter of 2011 to 55% in the current period Due primarily to increased research and development activities for oil & gas diversification, operating expenses increased by ...... read more

Energy Recovery to Release Earnings and Host Conference Call

SAN LEANDRO, Calif., Oct. 2, 2012-- Energy Recovery, Inc., a global leader in the design and development of energy recovery devices for desalination and other industrial processes, will release its financial results for the third quarter on Wednesday, November 7, 2012 after the market close. Energy Recovery, Inc. designs and develops energy recovery devices and...... read more

Energy Recovery Reports Unaudited Financial Results for the Second Quarter of 2012

Reflecting increased volume related to mega-project shipments, net revenue increased 85% over the same period of the prior year Gross profit margin was 54%, up from 35% in the second quarter of 2011 and 26% in the first quarter of 2012 Operating expenses decreased by nearly $1.0 million, or 13%, compared to the second quarter of the prior year due to cost savings...... read more

Energy Recovery Reports Financial Results for the First Quarter of 2012

Reflecting decreased volume in what is projected to be the final quarter of a protracted industry downturn, net revenue was $4.8 million due to the anticipated absence of mega-project shipments Gross profit margin was 26%, up from 15% and 1% in the third and fourth quarters of 2011, respectively Operating expenses decreased by $1.6 million, or 21%, as compared...... read more