Press Releases
Energy Recovery Announces New Share Repurchase Program
New $25 million repurchase follows two earlier programs for a total of $105 million between November 2024 and August 2025 $50 million share repurchase announced in November 2024 was completed in Q4 2024 $30 million share repurchase announced in February 2025 is nearing completion Board authorization reflects continued strong cash generation and confidence in the company’s ability to fund ...... read more
Energy Recovery Reports its Second Quarter 2025 Financial Results
SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery, Inc. (Nasdaq:ERII) (“Energy Recovery” or the “Company”) today announced its financial results for the second quarter and six months ended June 30, 2025. Second Quarter Highlights Q2’2025 financial results were in-line with internal expectations and consistent with our communicated expectations for quarterly revenue cadence in 2025. ...... read more
Energy Recovery to Release Second Quarter 2025 Financial Results
SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery, Inc. (NASDAQ: ERII or the Company) announced today it will release its financial results for the quarterly period ending June 30, 2025. The Company will host a conference call to discuss the results and related matters on August 6, 2025, after market close. EARNINGS RELEASE Wednesday, August 6, 2025 (after market close) LIVE CONFERENCE ...... read more
Energy Recovery Reports its First Quarter 2025 Financial Results
SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery, Inc. (Nasdaq:ERII) (“Energy Recovery” or the “Company”) today announced its financial results for the first quarter ended March 31, 2025. First Quarter Highlights Q1’25 financial results were in-line with internal expectations and consistent with our communicated expectations for quarterly revenue cadence in 2025. Revenue of $8.1 million, ...... read more
Energy Recovery to Release First Quarter 2025 Financial Results
SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery, Inc. (NASDAQ: ERII or the Company) announced today it will release its financial results for the quarterly period ending March 31, 2025. The Company will host a conference call to discuss the results and related matters on May 7, 2025, after market close. EARNINGS RELEASE Wednesday, May 7, 2025 (after market close) LIVE CONFERENCE CALL ...... read more
Energy Recovery Reports its Fourth Quarter 2024 Financial Results
SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery, Inc. (Nasdaq:ERII) (“Energy Recovery” or the “Company”) today announced its financial results for the fourth quarter and year ended December 31, 2024. Fourth Quarter Highlights Revenue of $67.1 million, an increase of 17% as compared to Q4’2023 and resulting in full-year revenue at the midpoint of guidance. Gross margin of 70.2%, an ...... read more
Energy Recovery Announces New Share Repurchase Program
New $30 million program follows Q4 2024 completion of share repurchase announced in November 2024 Board authorization underscores balance sheet strength and free cash flow generation as company executes growth strategy Continued cost management and margin improvement initiatives driving confidence in long-term strategic operating plan SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery, ...... read more
Energy Recovery Appoints New CTO and VP, Wastewater
Dr. Ram Ramanan, with more than three decades in product innovation leadership at companies including Bloom Energy, to become Chief Technology Officer Dr. Ramanan to assume duties following the handover and retirement of Dr. Farshad Ghasripoor, who will serve as an executive advisor through October 2025 After six years with Energy Recovery, David Kim-Hak was promoted to new Vice President, ...... read more
Energy Recovery to Release Fourth Quarter and Full Year 2024 Financial Results and Announces an Investor Webinar
SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery, Inc. (NASDAQ: ERII or the Company) announced today it will release its financial results for the quarterly period and full year ending December 31, 2024. The Company will host a conference call to discuss the results and related matters on February 26, 2025, after market close. EARNINGS RELEASE Wednesday, February 26, 2025 (after market ...... read more
Energy Recovery Wins “Breakthrough Innovation Award” at IDRA World Congress
Industry leader recognized as “Most Innovative Company in Desalination Technology” ABU DHABI, United Arab Emirates--(BUSINESS WIRE)-- At the 2024 IDRA World Congress show this week, Energy Recovery, Inc. (Nasdaq: ERII) was honored with The Breakthrough Innovation Award for Most Innovative Company in Desalination Technology. The award, announced at the IDRA World Congress Gala Dinner, ...... read more