Press Releases
Energy Recovery Reports Second Quarter and Year-to-Date 2017 Results
SAN LEANDRO, Calif., Aug. 2, 2017 /PRNewswire/ -- 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 second quarter of 2017 as well as the year-to-date results for the first six months of 2017. Second Quarter Summary: Total revenue of $12.2 million Product ...... read more
Energy Recovery to Host Second Quarter 2017 Financial Results Conference Call on August 3
SAN LEANDRO, Calif., July 21, 2017 /PRNewswire/ -- Energy Recovery, Inc. (NASDAQ:ERII), the leader in pressure energy technology for industrial fluid flows, today announced it will release its financial results for the quarterly period ended June 30, 2017 on Wednesday, August 2, 2017 after market close. The Company will also hold a conference call to discuss the second quarter 2017 financial ...... read more
Energy Recovery Reports First Quarter 2017 Financial Results
SAN LEANDRO, Calif., May 3, 2017 /PRNewswire/ -- 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 first quarter of 2017. First Quarter Summary: Total revenue increased 20% year-over-year to $13.5 million; highest Q1 revenue in the Company's history Product ...... read more
Energy Recovery Announces Launch of MTeq™ for Mud Pumping and Agreement with Sidewinder Drilling LLC as Maiden Early-Stage Partner
SAN LEANDRO, Calif., May 2, 2017 /PRNewswire/ -- Energy Recovery, Inc. (NASDAQ:ERII), the leader in pressure energy technology for industrial fluid flows, today announced the release of MTeq, a pumping solution engineered to increase productivity and reduce operating costs in the mud pumping process in Oil & Gas drilling applications by rerouting abrasive fluids away from high-pressure pumps. ...... read more
Energy Recovery to Host First Quarter 2017 Financial Results Conference Call on May 4
SAN LEANDRO, Calif., April 24, 2017 /PRNewswire/ -- Energy Recovery Inc. (NASDAQ: ERII), the leader in pressure energy technology for industrial fluid flows, today announced it will release its financial results for the quarterly period ended March 31, 2017 on Wednesday, May 3, 2017 after market close. The Company will also hold a conference call to discuss the first quarter 2017 financial ...... read more
Energy Recovery Awarded $3 Million for Desalination Retrofit Projects in Europe
SAN LEANDRO, Calif., April 24, 2017 /PRNewswire/ -- Energy Recovery, Inc. (NASDAQ:ERII), the leader in pressure energy technology for industrial fluid flows, today announced total awards of roughly $3 million to supply its PXTM Pressure ExchangerTM technology to retrofit several desalination plants in Europe. The orders are expected to ship in the in the second half of 2017. Energy Recovery ...... read more
Energy Recovery Signs Licensing Agreement with Alderley for Centrifugal Products in the GCC
SAN LEANDRO, Calif., April 5, 2017 /PRNewswire/ -- Energy Recovery, Inc. (NASDAQ:ERII), the leader in pressure energy technology for industrial fluid flows, today announced a new licensing agreement with Alderley plc, a leading global supplier of integrated modular skid systems for oil and gas applications. The 10-year licensing agreement will grant Alderley exclusive rights to sell and ...... read more
Energy Recovery Announces Share Repurchase Program
SAN LEANDRO, Calif., March 30, 2017 /PRNewswire/ -- Energy Recovery, Inc. (NASDAQ:ERII), the leader in pressure energy technology for industrial fluid flows, today announced that its Board of Directors approved a share repurchase program that authorizes the company to purchase up to $15 million of the company's outstanding common stock. Energy Recovery's President and CEO Joel Gay stated, "In ...... read more
Energy Recovery Selects Kemper as Design Partner for Second Generation VorTeq™ Missile
SAN LEANDRO, Calif., March 28, 2017 /PRNewswire/ -- Energy Recovery, Inc. (NASDAQ:ERII), the leader in pressure energy technology for industrial fluid flows, today announced a new partnership with Kemper Valve and Fittings Corp., a Caterpillar company (NYSE: CAT), to design and produce the second generation manifold trailer, or missile, for Energy Recovery's VorTeqTM hydraulic pumping system. ...... read more
Energy Recovery Reports Record Fiscal Year End 2016 Financial Results
SAN LEANDRO, Calif., March 8, 2017 /PRNewswire/ -- 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 fiscal year and fourth quarter ended on December 31, 2016. Full Year Summary: Revenue increased 22% year-over-year to $54.7 million, the strongest top-line ...... read more