Press Releases
Energy Recovery Reports Financial Results for the First Quarter of 2012
Reflecting decreased volume in what is projected to be the final quarter of a protracted industry downturn, net revenue was $4.8 million due to the anticipated absence of mega-project shipments Gross profit margin was 26%, up from 15% and 1% in the third and fourth quarters of 2011, respectively Operating expenses decreased by $1.6 million, or 21%, as compared...... read more