Press Releases
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
Energy Recovery to Release Earnings and Host Conference Call
SAN LEANDRO, Calif., July 3, 2013 (GLOBE NEWSWIRE) -- Energy Recovery Inc (Nasdaq:ERII), the global leader in harnessing reusable energy from industrial fluid flows and pressure cycles, will release its financial results for the quarter ended June 30, 2013 on Wednesday, July 31, 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 First Quarter Of 2013
FIRST QUARTER HIGHLIGHTS: Net revenue increased 34% from $4.8 million in the first quarter of 2012 to $6.4 million in the first quarter of 2013 Gross profit margin increased from 26% in the first quarter of 2012 to 47% in the current period Operating expenses increased $1.6 million, or 26%, from $5.9 million in the first quarter of 2012 to $7.5 million in the first quarter of 2013 Net loss was ...... read more
Energy Recovery to Release Earnings and Host Conference Call
SAN LEANDRO, Calif., April 3, 2013 (GLOBE NEWSWIRE) -- Energy Recovery Inc (Nasdaq:ERII), the global leader in harnessing reusable energy from industrial fluid flows and pressure cycles, will release its financial results for the quarter ended March 31, 2013 on Wednesday, May 8, 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 2012, Achieving 52% Revenue Growth Over 2011
FOURTH QUARTER HIGHLIGHTS: Net revenue increased 147% from $6.1 million in the fourth quarter of 2011 to $15.1 million in the fourth quarter of 2012 Gross profit margin increased from 1% in the fourth quarter of 2011 to 43% in the current period Operating expenses decreased $1.9 million, or 18%, from $10.6 million in the fourth quarter of 2011 to $8.7 million in the fourth quarter of 2012 Net ...... read more