Press Releases

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

Energy Recovery to Release Earnings and Host Conference Call

SAN LEANDRO, Calif., Jan. 31, 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 fourth quarter and year ended December 31, 2013 on Wednesday, March 5, 2014 after the market close. Tom Rooney, President and Chief Executive Officer, and Alex Buehler, Chief ...... read more

Energy Recovery Reports Unaudited Financial Results for the Third Quarter of 2013

THIRD QUARTER HIGHLIGHTS Continued gains in manufacturing efficiency and strong prices achieved through market leadership drove gross profit margin to 60%, up from 55% in the third quarter of 2012 Disciplined cost management reduced operating expenses by 11% compared to the third quarter of 2012 Strong order flow and existing backlog reinforce expectations of full-year revenue for 2013 that is ...... read more

Energy Recovery Inc. Announces Conference Call to Discuss Third Quarter Fiscal 2013 Results

SAN LEANDRO, Calif., Oct. 7, 2013 (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 September 30, 2013 on Wednesday, November 6, 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 the Second Quarter of 2013

SECOND QUARTER HIGHLIGHTS: Gross profit margin increased from 54% in the second quarter of 2012 to 62% in the current period, while net revenue decreased as expected due to the foreseeable timing of mega-project shipments Operating expenses remained stable from the prior-year period at $6.6 million Exceeding expectations, the net loss was only $(1.5) million, or $(0.03) per share, in the ...... read more