Press Releases
Energy Recovery Announces Departure of VP, Oil & Gas, Appointment of New VorTeq(TM) Development Leader
SAN LEANDRO, CA / ACCESSWIRE / March 19, 2020 / Energy Recovery, Inc. (NASDAQ:ERII) today announced the departure of the company's Vice President of Oil & Gas, Eric Siebert."Eric's leadership has been integral to the development of VorTeq™ from its early stages to the advanced position we are in today. On behalf of the Board, I thank him for his contributions to Energy Recovery and wish him ...... read more
Energy Recovery to Host First Quarter 2020 Financial Results Conference Call on April 30, 2020
SAN LEANDRO, CA / ACCESSWIRE / March 17, 2020 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ended March 31, 2020 on Thursday, April 30, 2020 after market close.The Company will also hold a conference call to discuss the first quarter financial results on Thursday, April 30, 2020 at 2:00 PM PDT / 5:00 PM EDT. Robert Mao, ...... read more
Energy Recovery Awarded $23.5M for Water Projects, Includes Contract for World's Largest Reverse Osmosis Desalination Facility
SAN LEANDRO, CA / ACCESSWIRE / March 12, 2020 / Energy Recovery, Inc. (NASDAQ:ERII) today announced awards of USD $23.5M to supply its PX® Pressure Exchanger® devices ("PX") and related equipment and services to multiple desalination projects across the Middle East and North Africa. Shipments for these contracts are expected to begin Q1 2020 and continue throughout the first half of 2021. ...... read more
Energy Recovery Reports Fourth Quarter and Fiscal Year End 2019 Financial Results
SAN LEANDRO, CA / ACCESSWIRE / March 5, 2020 / Energy Recovery Inc. (Nasdaq:ERII) ("Energy Recovery," "we," "our," or the "Company"), a leader in pressure energy technology for industrial fluid flows, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2019.Fiscal Year 2019 Highlights:Total product revenue of $72.8 million, an increase of 19% ...... read more
Energy Recovery Promotes Two to Senior Vice President
Rodney Clemente and Emily Smith named to senior leadership rolesSAN LEANDRO, CA / ACCESSWIRE / February 10, 2020 / Energy Recovery, Inc. (NASDAQ:ERII) is pleased to announce the promotion of Rodney Clemente, the Company's Vice President of Water, to Senior Vice President of Water, and Emily Smith, the Company's Vice President of Corporate Development, to Senior Vice President of Corporate ...... read more
Energy Recovery to Host Fourth Quarter and Fiscal Year 2019 Financial Results Conference Call on March 5, 2020
SAN LEANDRO, CA / ACCESSWIRE / January 28, 2020 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ended December 31, 2019 on Thursday, March 5, 2020 after market close.The Company will also hold a conference call to discuss the fourth quarter and year end 2019 financial results on Thursday, March 5, 2020 at 2:00 PM PST / 5:00 ...... read more
Energy Recovery Wins $16.6 Million of Water Awards, Including First Mega-Project Thermal Desalination Conversion Award
SAN LEANDRO, CA / ACCESSWIRE / December 5, 2019 / Energy Recovery, Inc . (NASDAQ:ERII) today announced total awards of $16.6 million (USD) to supply PX ® Pressure Exchangers ® (PX) and related equipment and services to multiple desalination facilities in the Middle East ...... read more
Energy Recovery Announces Leadership Transition
SAN LEANDRO, CA / ACCESSWIRE / November 4, 2019 / Energy Recovery, Inc. (NASDAQ:ERII) announced today the resignation of Chris Gannon as the Company's President and Chief Executive Officer and as a member of its Board of Directors.Mr. Gannon submitted his resignation to the Board on Friday, November 1, effective immediately, citing personal reasons for his departure. Mr. Gannon's resignation ...... read more
Energy Recovery Reports Third Quarter 2019 Financial Results
SAN LEANDRO, CA / ACCESSWIRE / October 31, 2019 / Energy Recovery Inc. (Nasdaq:ERII) ("Energy Recovery" or the "Company"), the leader in pressure energy technology for industrial fluid flows, today announced its financial results for the third quarter ended on September 30, 2019.Third Quarter Summary:Total revenue of $24.9 million, an increase of 12% year-over-yearProduct gross margin of ...... read more
Energy Recovery Awarded $12.2 Million for Water Projects, Includes Facility to Support World Cup
SAN LEANDRO, CA / ACCESSWIRE / October 17, 2019 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will supply its PX® Pressure Exchanger® devices, along with related equipment and services, to three large-scale desalination facilities in the Middle East. The devices are expected to ship in Q1 and Q3 of 2020.The $12.2M award includes a desalination facility that will support the 2022 ...... read more