Press Releases
Energy Recovery to Release Third Quarter 2023 Financial Results
SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery, Inc. (NASDAQ: ERII) today announced it will release its financial results for the quarterly period ending September 30, 2023, and will host a conference call to discuss quarterly results and related matters on November 1, 2023 after market close. EARNINGS RELEASE Wednesday, November 1, 2023 (after market close) LIVE CONFERENCE CALL ...... read more
Energy Recovery and Epta Win Refrigeration Innovation of the Year at RAC Cooling Industry Awards 2023
SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery (NASDAQ: ERII) and Epta Group (Epta) were together awarded Refrigeration Innovation of the Year for the XTE (Extra Transcritical Efficiency), Epta’s next-generation commercial CO2 refrigeration system. The award for Refrigeration Innovation of the Year recognizes systems, products, or processes that utilize new technology to provide ...... read more
Energy Recovery Establishes Corporate Emissions Reduction Target; Surpasses $5.9 Billion in Energy Savings for Customers According to Latest Sustainability Report
SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery, Inc. (NASDAQ: ERII), a trusted global leader in energy efficiency technology, today released its fourth annual Sustainability Report, underscoring the strong connection between the company’s business goals and its sustainability efforts. Energy Recovery has set its first corporate emissions reduction target, committing to reduce its ...... read more
Energy Recovery Affirms FY 2023 Guidance, Continues Investments in Wastewater and CO2 Business Growth
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, 2023. Second Quarter Highlights Revenue of $20.7 million, within the lower end of guidance. Revenue was lower due to a timing delay of a $5.7 million megaproject shipment that will subsequently ...... read more
Energy Recovery Awarded Nearly $17 Million in Desalination Contracts in the Gulf Region
SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery (NASDAQ: ERII) today announced a collection of contracts totaling nearly $17 million to supply PX® Pressure Exchanger® energy recovery devices for desalination facilities in the Gulf region. These PX devices are expected to prevent over 400,000 metric tons of carbon emissions from entering the atmosphere each year, the equivalent of ...... read more
MSCI Upgrades Energy Recovery’s ESG Rating to AAA
SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery, Inc. (NASDAQ: ERII) announced today that MSCI upgraded the company from an AA rating to its highest rating of AAA in its latest environmental, social, and governance (ESG) assessment completed on July 4, 2023. MSCI’s evaluation recognizes Energy Recovery as one of the highest performing companies within the Industrial Machinery industry ...... read more
Energy Recovery Announces Appointment of Refrigeration, Water Executives to Board of Directors
SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery, Inc. (NASDAQ: ERII) today announced the appointment of refrigeration executive David Moon and water solutions leader Colin Sabol to its Board of Directors. “Mr. Moon and Mr. Sabol’s extensive expertise in their respective fields will be a great asset as we continue expanding our PX technology into new markets and advancing the ...... read more
Energy Recovery to Release Second Quarter 2023 Financial Results
SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery, Inc. (NASDAQ: ERII) today announced it will release its financial results for the quarterly period ending June 30, 2023, and will host a conference call to discuss quarterly results and related matters on August 2, 2023 after market close. EARNINGS RELEASE Wednesday, August 2, 2023 (after market close) LIVE CONFERENCE CALL Wednesday, ...... read more
Energy Recovery, Inc. Awarded Refrigeration Innovation of the Year Award
PX G1300 pressure exchanger features high-performance technology for CO2 systems that work more efficiently as temperatures rise SAN LEANDRO, Calif.--(BUSINESS WIRE)-- At the conclusion of the ATMO Awards Ceremony of the Atmosphere America Summit 2023 in Washington D.C., Energy Recovery, Inc. earned the prestigious Refrigeration Innovation of the Year Award for its PX G1300TM Pressure ...... read more
Energy Recovery Inc. Announces Expanded U Series Product Line
New models include the U20, U80, and U250 for enhanced efficiency and reliability in industrial applications SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery Inc., a market leader in energy recovery devices (ERDs), has announced the expansion of its PX® Pressure Exchanger® Ultra High-Pressure Series (U Series) product line, tailored for ultra high-pressure reverse osmosis (UHPRO) ...... read more