Press Releases

Energy Recovery Inc. to Present at the 5th Annual Credit Suisse Small and Mid-Cap Conference

SAN LEANDRO, Calif., Sept. 12, 2014 (GLOBE NEWSWIRE) -- Energy Recovery Inc. (Nasdaq:ERII), the leader in capturing reusable energy from industrial fluid flows and pressure cycles, today announced that the Company will be presenting at the 5th Annual Credit Suisse Small and Mid Cap Conference in New York City. Tom Rooney, Chief Executive Officer, will present to the group on Wednesday, ...... read more

Energy Recovery Schedules Analyst Day on December 5 in New York

NEW YORK, Sept. 11, 2014 (GLOBE NEWSWIRE) -- Energy Recovery Inc. (Nasdaq:ERII), the leader in capturing reusable energy from industrial fluid flows and pressure cycles, is scheduling an Analyst Day on December 5, 9:00am-2:00pm, at Grand Hyatt Hotel in New York City. The event will unveil new, disruptive technology for an as-yet-unnamed major industry, and guide investors and analysts through ...... read more

Energy Recovery Announces Search for New Chief Sales Officer

SAN LEANDRO, Calif., Sept. 10, 2014 (GLOBE NEWSWIRE) -- Energy Recovery Inc. (Nasdaq:ERII), the leader in capturing reusable energy from industrial fluid flows and pressure cycles, today announced that effective immediately, it has terminated the employment relationship with its Senior Vice President of Sales, Borja Sanchez-Blanco, for cause. The Company recently became aware that Mr. Blanco ...... read more

Energy Recovery Inc. to Present at the Jefferies 2014 Global Industrials Conference

SAN LEANDRO, Calif., Aug. 6, 2014 (GLOBE NEWSWIRE) -- Energy Recovery Inc. (Nasdaq:ERII), the leader in capturing reusable energy from industrial fluid flows and pressure cycles, today announced that the Company will be presenting at the Jefferies 2014 Global Industrials Conference in New York City, August 11-14, 2014. Tom Rooney, Chief Executive Officer, will present to the group on Monday, ...... read more

Energy Recovery Reports Unaudited Financial Results for the Second Quarter of 2014

SECOND QUARTER SUMMARY: Total revenue decreased from $8.6 million in the second quarter of 2013 to $6.4 million in the second quarter of 2014 Gross profit margin decreased from 62% in the second quarter of 2013 to 48% in the current period, attributable to no mega-project revenue and a mix shift Operating expenses increased $1.0 million, or 16%, from $6.6 million in the second quarter of 2013 ...... read more

Energy Recovery to Release Earnings and Host Conference Call

SAN LEANDRO, Calif., July 2, 2014 (GLOBE NEWSWIRE) -- Energy Recovery Inc (Nasdaq:ERII), the leader in capturing reusable energy from industrial fluid flows and pressure cycles, will release its financial results for the quarter ended June 30, 2014 on Wednesday, August 6, 2014 after the market close. Tom Rooney, President and Chief Executive Officer, and Joel Gay, Chief Financial Officer, will ...... read more

Energy Recovery Appoints Joel Gay as Chief Financial Officer

SAN LEANDRO, Calif., June 27, 2014 (GLOBE NEWSWIRE) -- Energy Recovery Inc (Nasdaq:ERII), the leader in capturing reusable energy from industrial fluid flows and pressure cycles, today announced that it has promoted Mr. Joel Gay to Chief Financial Officer, replacing Alex Buehler, who will be leaving to pursue the next step in his career. Joel joined Energy Recovery in January 2012 and has held ...... read more

Energy Recovery Reports Unaudited Financial Results for the First Quarter of 2014

FIRST QUARTER HIGHLIGHTS: Reflective of continued manufacturing efficiencies, gross profit margin increased from 47% in the first quarter of 2013 to 58% in the current period despite a revenue decrease of 39% caused by lower OEM sales Operating expenses decreased $1.5 million, or 20%, from $7.5 million in the first quarter of 2013 to $6.0 million in the current period due to lower general and ...... read more

Energy Recovery to Release Earnings and Host Conference Call

SAN LEANDRO, Calif., April 3, 2014 (GLOBE NEWSWIRE) -- Energy Recovery Inc (Nasdaq:ERII), the leader in capturing reusable energy from industrial fluid flows and pressure cycles, will release its financial results for the quarter ended March 31, 2014 on Wednesday, May 7, 2014 after the market close. Tom Rooney, President and Chief Executive Officer, and Alex Buehler, Chief Financial Officer, ...... read more

Energy Recovery Reports Record Financial Results for Revenue and Net Income in the Fourth Quarter of 2013

FOURTH QUARTER HIGHLIGHTS: Net revenue was $23.2 million in the fourth quarter of 2013, up 54% from $15.1 million in the same period of 2012 and representing the strongest revenue quarter in the Company's history Gross profit margin was 63% in the fourth quarter of 2013, increased from 43% in the same period of 2012 and demonstrating the third consecutive quarter at or above 60% Operating ...... read more