ERII - Earnings announcements

Energy Recovery, Inc. (NASDAQ:ERII) ("Energy Recovery", "Company", "we", and "our") today announced its financial results for the first quarter ended March 31, 2026. Management has released a letter to shareholders reviewing business and financial updates from the first quarter and discussing our outlook for 2026. This letter is located under "News and Events" in the "Investors" section on the Energy Recovery website (https://ir.energyrecovery.com/news-events/shareholder-letters). Key Business Updates Today, Energy Recovery is announcing that David Moon, President and Chief Executive Officer of the Company, has notified the Board of Directors (the "Board") of his intention to retire fo

Energy Recovery, Inc. (NASDAQ:ERII) announced today it will release its financial results for the quarter ending March 31, 2026. The Company will host a conference call to discuss the results and related matters on May 6, 2026, after market close. EARNINGS RELEASE Wednesday, May 6, 2026 (after market close) LIVE CONFERENCE CALL Wednesday, May 6, 2026, 2 p.m. PT / 5 p.m. ET Listen-only, US / Canada Toll-Free: +1 (877) 709-8150 Listen-only, Local / International: +1 (201) 689-8354 CONFERENCE CALL REPLAY Expiration: June 6, 2026 US / Canada Toll-Free: +1 (877) 660-6853 Local / International Toll: +1 (201) 612-7415 Access code: 13760218 Investors may also access the live call and replay

Energy Recovery, Inc. (NASDAQ:ERII) ("Energy Recovery" or the "Company") today announced its financial results for the fourth quarter and year ended December 31, 2025. Fourth Quarter Highlights Revenue of $66.9 million, a decrease of $0.2 million, as compared to Q4'2024, due to timing of revenue from contracted projects. Gross margin of 67.2%, a decrease of 300 bps, as compared to Q4'2024, due primarily to costs related to product mix and tariffs. Operating expenses of $13.6 million, a decrease of 36.5%, as compared to Q4'2024, due primarily to a decrease in employee costs, consulting costs and restructuring costs. Income from operations of $31.3 million, an increase of 22.3%,

Energy Recovery, Inc. (NASDAQ:ERII) announced today it will release its financial results for the full year ending December 31, 2025. The Company will host a conference call to discuss the results and related matters on February 25, 2026, after market close. EARNINGS RELEASE Wednesday, February 25, 2026 (after market close) LIVE CONFERENCE CALL Wednesday, February 25, 2026, 2 p.m. PT / 5 p.m. ET Listen-only, US / Canada Toll-Free: +1 (877) 709-8150 Listen-only, Local / International: +1 (201) 689-8354 CONFERENCE CALL REPLAY Expiration: March 25, 2026 US / Canada Toll-Free: +1 (877) 660-6853 Local / International Toll: +1 (201) 612-7415 Access code: 13758280 Investors may also access

Energy Recovery, Inc. (NASDAQ:ERII) ("Energy Recovery" or the "Company") today announced its financial results for the third quarter and nine months ended September 30, 2025. Third Quarter Highlights Q3'2025 financial results were in-line with internal expectations and consistent with our communicated expectations for quarterly revenue cadence in 2025. Revenue of $32.0 million, a decrease of $6.6 million, as compared to Q3'2024, due to timing of revenue from contracted projects. Gross margin of 64.2%, a decrease of 90 bps, as compared to Q3'2024, due primarily to costs related to product mix and tariffs, partially offset by a decrease in indirect manufacturing costs. Operating expe

Energy Recovery, Inc. (NASDAQ:ERII) announced today it will release its financial results for the quarterly period ending September 30, 2025. The Company will host a conference call to discuss the results and related matters on November 5, 2025, after market close. EARNINGS RELEASE Wednesday, November 5, 2025 (after market close) LIVE CONFERENCE CALL Wednesday, November 5, 2025, 2 p.m. PT / 5 p.m. ET Listen-only, US / Canada Toll-Free: +1 (877) 709-8150 Listen-only, Local / International: +1 (201) 689-8354 CONFERENCE CALL REPLAY Expiration: December 5, 2025 US / Canada Toll-Free: +1 (877) 660-6853 Local / International Toll: +1 (201) 612-7415 Access code: 13756564 Investors may also

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, 2025. Second Quarter Highlights Q2'2025 financial results were in-line with internal expectations and consistent with our communicated expectations for quarterly revenue cadence in 2025. Revenue of $28.1 million, an increase of $0.9 million, as compared to Q2'2024, due to timing of revenue from contracted projects. Gross margin of 64.0%, a decrease of 60 bps, as compared to Q2'2024, due primarily to costs related to product mix and tariffs. Operating expenses of $16.5 million, a decrease of 15.8%, as compared to Q2'

Energy Recovery, Inc. (NASDAQ:ERII) announced today it will release its financial results for the quarterly period ending June 30, 2025. The Company will host a conference call to discuss the results and related matters on August 6, 2025, after market close. EARNINGS RELEASE Wednesday, August 6, 2025 (after market close) LIVE CONFERENCE CALL Wednesday, August 6, 2025, 2 p.m. PT / 5 p.m. ET Listen-only, US / Canada Toll-Free: +1 (888) 645-4404 Listen-only, Local / International: +1 (862) 298-0702 CONFERENCE CALL REPLAY Expiration: September 6, 2025 US / Canada Toll-Free: +1 (877) 660-6853 Local / International Toll: +1 (201) 612-7415 Access code: 13755031 Investors may also access th

Energy Recovery, Inc. (NASDAQ:ERII) ("Energy Recovery" or the "Company") today announced its financial results for the first quarter ended March 31, 2025. First Quarter Highlights Q1'25 financial results were in-line with internal expectations and consistent with our communicated expectations for quarterly revenue cadence in 2025. Revenue of $8.1 million, a decrease of $4.0 million as compared to Q1'2024 due to timing of revenue from contracted projects. Gross margin of 55.3%, a decrease of 370 bps, as compared to Q1'2024, due primarily to a decrease in revenue spread over fixed costs. Operating expenses of $17.0 million, a decrease of 5.8%, as compared to Q1'2024, due primarily to

Energy Recovery, Inc. (NASDAQ:ERII) announced today it will release its financial results for the quarterly period ending March 31, 2025. The Company will host a conference call to discuss the results and related matters on May 7, 2025, after market close. EARNINGS RELEASE Wednesday, May 7, 2025 (after market close) LIVE CONFERENCE CALL Wednesday, May 7, 2025, 2 p.m. PT / 5 p.m. ET Listen-only, US / Canada Toll-Free: +1 (888) 645-4404 Listen-only, Local / International: +1 (862) 298-0702 CONFERENCE CALL REPLAY Expiration: June 7, 2025 US / Canada Toll-Free: +1 (877) 660-6853 Local / International Toll: +1 (201) 612-7415 Access code: 13753398 Investors may also access the live call and r

Energy Recovery, Inc. (NASDAQ:ERII) ("Energy Recovery" or the "Company") today announced its financial results for the fourth quarter and year ended December 31, 2024. Fourth Quarter Highlights Revenue of $67.1 million, an increase of 17% as compared to Q4'2023 and resulting in full-year revenue at the midpoint of guidance. Gross margin of 70.2%, an increase of 110 bps, as compared to Q4'2023, due primarily to benefits from our manufacturing transformation. Operating expenses of $21.5 million, an increase of 13.9%, as compared to Q4'2023, due primarily to $2.5 million of restructuring costs related to our announced workforce reduction and executive transition costs. Income fro

Energy Recovery, Inc. (NASDAQ:ERII) announced today it will release its financial results for the quarterly period and full year ending December 31, 2024. The Company will host a conference call to discuss the results and related matters on February 26, 2025, after market close. EARNINGS RELEASE Wednesday, February 26, 2025 (after market close) LIVE CONFERENCE CALL Wednesday, February 26, 2025, 2 p.m. PT / 5 p.m. ET Listen-only, US / Canada Toll-Free: +1 (877) 709-8150 Listen-only, Local / International: +1 (201) 689-8354 CONFERENCE CALL REPLAY Expiration: March 26, 2025 US / Canada Toll-Free: +1 (877) 660-6853 Local / International Toll: +1 (201) 612-7415 Access code: 13751124 Inve

Energy Recovery, Inc. (NASDAQ:ERII) ("Energy Recovery" or the "Company") today announced its financial results for the third quarter and nine months ended September 30, 2024. Third Quarter Highlights Revenue of $38.6 million, reaching the upper end of our guidance of $35 - $39 million. Gross margin of 65.1%, a decrease of 480 bps, as compared to Q3'2023, due primarily to higher manufacturing costs and higher costs related to product mix. Operating expenses of $18.1 million, an increase of 7.8%, as compared to Q3'2023, due primarily to higher consulting costs related to enhancement of our corporate growth strategy and higher employee costs. Income from operations of $7.1 million, a

Energy Recovery, Inc.(NASDAQ:ERII) announced today it will release its financial results for the quarterly period ending September 30, 2024, and will host a conference call to discuss the results and related matters on October 30, 2024, after market close. In addition, the Company announced it will host an investor webinar to present its strategic vision with senior management on November 18th, 2024. EARNINGS RELEASE Wednesday, October 30, 2024 (after market close) LIVE CONFERENCE CALL Wednesday, October 30, 2024, 2 p.m. PT / 5 p.m. ET Listen-only, US / Canada Toll-Free: +1 (866) 682-6100 Listen-only, Local / International Toll: +1 (862) 298-0702 CONFERENCE CALL REPLAY Expiration: Novemb

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, 2024. Second Quarter Highlights Revenue of $27.2 million, exceeding the upper end of our guidance of $20 - $25 million. Gross margin of 64.6%, a decrease of 80 bps, as compared to Q2'2023, due primarily to higher manufacturing costs. Operating expenses of $19.6 million, an increase of 21.4%, as compared to Q2'2023, due primarily to the enhancement of our corporate growth strategy, increased investments within sales and marketing, and executive transition costs. Loss from operations of $2.0 million, mainly due to low

Energy Recovery, Inc. (ERII or the Company) (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ending June 30, 2024, and host a conference call to discuss the quarter's results and related matters on July 31, 2024 after market close. EARNINGS RELEASE Wednesday, July 31, 2024 (after market close) LIVE CONFERENCE CALL Wednesday, July 31, 2024, 2 p.m. PT / 5 p.m. ET Listen-only, US / Canada Toll-Free: +1 (877) 709-8150 Listen-only, Local / International Toll: +1 (201) 689-8354 CONFERENCE CALL REPLAY Expiration: Friday, August 30, 2024 US / Canada Toll-Free: +1 (877) 660-6853 Local / International Toll: +1 (201) 612-7415 Access code: 13747957 In

Energy Recovery, Inc. (NASDAQ:ERII) ("Energy Recovery" or the "Company") today announced its financial results for the first quarter ended March 31, 2024. First Quarter Highlights Revenue of $12.1 million, which is in-line with our February 2024 guidance. Gross margin of 59.0%, a decrease of 190 bps, as compared to Q1'2023, due primarily to higher manufacturing costs and an increase in inventory scrap. Operating expenses of $18.1 million, an increase of 11%, as compared to Q1'2023, due primarily to increased investments within sales and marketing and Executive transition costs. Loss from operations of $10.9 million, mainly due to lower revenues and gross margin as previously g

Energy Recovery, Inc.(NASDAQ:ERII) today announced it will release its financial results for the quarterly period ending March 31, 2024, and will host a conference call to discuss the results and related matters on May 1, 2024 after market close. EARNINGS RELEASE Wednesday, May 1, 2024 (after market close) LIVE CONFERENCE CALL Wednesday, May 1, 2024, 2 p.m. PT / 5 p.m. ET Listen-only, US / Canada Toll-Free: +1 (877) 709-8150 Listen-only, Local / International Toll: +1 (201) 689-8354 CONFERENCE CALL REPLAY Expiration: Friday, May 31, 2024 US / Canada Toll-Free: +1 (877) 660-6853 Local / International Toll: +1 (201) 612-7415 Access code: 13745736 Investors may also access the live cal

Energy Recovery, Inc. (NASDAQ:ERII) ("Energy Recovery" or the "Company") today announced its financial results for the fourth quarter and year ended December 31, 2023. Fiscal Year 2023 Highlights Record annual revenue of $128.3 million, which includes a 79% growth in wastewater and represents nine consecutive years of revenue growth. Record quarterly revenue of $57.2 million, representing a 35% year-on-year growth with strong performance in Energy Recovery's primary desalination business and the continued rapid expansion of the company's wastewater sector. Water revenue was below guidance due to the delayed shipment of a single project to be shipped in 2024. This project was highlig

Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the year and quarterly period ending December 31, 2023, and will host a conference call to discuss the results and related matters on February 21, 2024 after market close. EARNINGS RELEASE Wednesday, February 21, 2024 (after market close) LIVE CONFERENCE CALL Wednesday, February 21, 2024, 2 p.m. PT / 5 p.m. ET Listen-only, US / Canada Toll-Free: +1 (877) 709-8150 Listen-only, Local / International Toll: +1 (201) 689-8354 CONFERENCE CALL REPLAY Expiration: Friday, March 22, 2024 US / Canada Toll-Free: +1 (877) 660-6853 Local / International Toll: +1 (201) 612-7415 Access code: 13743738 Inves

Energy Recovery, Inc. (NASDAQ:ERII) ("Energy Recovery" or the "Company") today announced its financial results for the third quarter and nine months ended September 30, 2023. Third Quarter Highlights Revenue of $37.0 million, exceeding the upper end of our guidance which was attributed to an increase in megaproject revenues. Gross margin of 69.9%, higher than our estimates due to a change in product mix coupled with an increase in sales of our PX®. Operating expenses of $16.7 million, in line with prior quarters. Income from operations of $9.1 million. Net income of $9.7 million and adjusted EBITDA(1) of $12.0 million Cash and investments of $105.9 million, which include

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 Wednesday, November 1, 2023, 2 p.m. PT / 5 p.m. ET Listen-only, US / Canada Toll-Free: +1 (877) 709-8150 Listen-only, Local / International Toll: +1 (201) 689-8354 CONFERENCE CALL REPLAY Expiration: Friday, December 1, 2023 US / Canada Toll-Free: +1 (877) 660-6853 Local / International Toll: +1 (201) 612-7415 Access code: 13741003 Investor

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 be recognized in the third quarter. Gross margin of 65.4%, within the upper range of our guidance of 64% – 66% for the quarter for Water. Operating expenses of $16.1 million, which included growing investments in sales and marketing, and research and development to support business expansion. Loss from operations of $2.6 mill

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, August 2, 2023, 2 p.m. PT / 5 p.m. ET Listen-only, US / Canada Toll-Free: +1 (877) 709-8150 Listen-only, Local / International Toll: +1 (201) 689-8354 CONFERENCE CALL REPLAY Expiration: Friday, September 1, 2023 US / Canada Toll-Free: +1 (877) 660-6853 Local / International Toll: +1 (201) 612-7415 Access code: 13739675 Investors may also

Energy Recovery, Inc. (NASDAQ:ERII) ("Energy Recovery" or the "Company") today announced its financial results for the first quarter ended March 31, 2023. First Quarter Highlights Revenue of $13.4 million, and within February 2023 guidance. Lower gross margin of 60.9%, as compared to Q1'2022, driven mainly by an increase in pump and hydraulic turbocharger revenue in the original equipment manufacturer and aftermarket channels, and a decrease PX® Pressure Exchanger® revenue in the megaproject channel. Operating expenses grew 6% in the first quarter, as compared to Q4'2022, from growing sales and marketing expenditures in support of new businesses, and some variability in the timin

Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ending March 31, 2023, and host a conference call to discuss the quarterly results and related matters on May 3, 2023, after market close. EARNINGS RELEASE Wednesday, May 3, 2023 (after market close) LIVE CONFERENCE CALL Wednesday, May 3, 2023, 2 p.m. PT / 5 p.m. ET Listen-only, US / Canada Toll-Free: +1 (877) 709-8150 Listen-only, Local / International Toll: +1 (201) 689-8354 CONFERENCE CALL REPLAY Expiration: Friday, June 2, 2023 US / Canada Toll-Free: +1 (877) 660-6853 Local / International Toll: +1 (201) 612-7415 Access code: 13737005 Investors may also access the l

SAN LEANDRO, CA / ACCESSWIRE / February 22, 2023 / Energy Recovery, Inc. (NASDAQ:ERII) ("Energy Recovery" or the "Company") today announced its financial results for the fourth quarter ended December 31, 2022.Fiscal Year 2022 HighlightsRevenue growth of 21% over the prior year and within the November 2022 guidance.Achieved the highest revenue quarter in the company's history during the fourth quarter of fiscal year 2022 of $42.3 million. Growth was driven by our core desalination business and industrial wastewater growth.Gross margin of 69.6%, up 100 basis points compared to the prior year, due to increased pricing and product mix.Operating expenditures grew 9% over the prior year, which inc

SAN LEANDRO, CA / ACCESSWIRE / January 23, 2023 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the year and quarterly period ending December 31, 2022, and host a conference call to discuss the results and related matters on Wednesday, February 22, 2023 after market close.EARNINGS RELEASEWednesday, February 22, 2023 (after market close)LIVE CONFERENCE CALLWednesday, February 22, 2023, 2 p.m. PT / 5 p.m. ETListen-only, US / Canada Toll-Free: +1 (877) 709-8150Listen-only, Local / International Toll: +1 (201) 689-8354CONFERENCE CALL REPLAYExpiration: Wednesday, March 22, 2023US / Canada Toll-Free: +1 (877) 660-6853Local / International Toll: +1 (2

SAN LEANDRO, CA / ACCESSWIRE / November 2, 2022 / Energy Recovery, Inc. (NASDAQ:ERII) ("Energy Recovery" or the "Company") today announced its financial results for the third quarter ended September 30, 2022.Third Quarter Highlights:Revenue of $30.5 million. Full year revenue guidance of $121-$125 million, or 16%-20% year-on-year growth, within gross margin expectations guided last year.Income from operations of $4.9 million and adjusted income from operations(1) of $6.8 million.Net income of $4.8 million, or $0.08 per share, and adjusted net income per share(1) of $0.12.Adjusted EBITDA(1) of $7.7 million.Cash and investments of $86.6 million, which include cash, cash equivalents, and short-

SAN LEANDRO, CA / ACCESSWIRE / October 4, 2022 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ending September 30, 2022, and host a conference call to discuss the quarterly results and related matters on November 2, 2022 after market close.EARNINGS RELEASEWednesday, November 2, 2022 (after market close)LIVE CONFERENCE CALLWednesday, November 2, 2022, 2 p.m. PT / 5 p.m. ETListen-only, US / Canada Toll-Free: +1 (877) 709-8150Listen-only, Local / International Toll: +1 (201) 689-8354CONFERENCE CALL REPLAYExpiration: Friday, December 2, 2022US / Canada Toll-Free: +1 (877) 660-6853Local / International Toll: +1 (201) 612-7415 A

SAN LEANDRO, CA / ACCESSWIRE / August 3, 2022 / Energy Recovery, Inc. (NASDAQ:ERII) ("Energy Recovery" or the "Company") today announced its financial results for the second quarter ended June 30, 2022.Second Quarter Highlights:Revenue of $20.3 million, as guided in the first quarter. Full year revenue guidance of $130 million, or 25% year-on-year growth, reaffirmed within gross margin expectations guided last year.Loss from operations of $2.9 million and adjusted loss from operations (1) of $41 thousand driven by lower revenue during the quarter due to the expected timing of mega project shipments and one-time expenses of $1.3 million related to the cessation of the VorTeq ™ commercializati

SAN LEANDRO, CA / ACCESSWIRE / May 4, 2022 / Energy Recovery, Inc. (NASDAQ:ERII) ("Energy Recovery" or the "Company") today announced its financial results for the first quarter ended March 31, 2022.News SummaryRevenue of $32.5 million, an increase of 12% year-over-year ("YoY").Income from operations of $8.2 million, an increase of 34% YoY, and adjusted income from operations(1) of $10.1 million, or an increase of 25% YoY.Net income per share of $0.14, an increase of 17% YoY; adjusted net income per share(1) of $0.16, an increase of 23% YoY.Adjusted EBITDA(1) grew 22% YoY to $11.1 million.Share repurchases of $8.1 million, or 0.4 million shares, for cumulative repurchases under the March 202

SAN LEANDRO, CA / ACCESSWIRE / April 8, 2022 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ending March 31, 2022, on May 4, 2022 after market close.The Company will host a conference call to discuss first quarter results and related matters on Wednesday, May 4, 2022 at 2:00 PM PT / 5:00 PM ET.EARNINGS RELEASEWednesday, May 4, 2022 (after market close)LIVE CONFERENCE CALL Wednesday, May 4, 2022, 2:00 PM PT / 5:00 PM ETListen-only, US / Canada Toll-Free: +1 (877) 709-8150Listen-only, Local / International Toll: +1 (201) 689-8354CONFERENCE CALL REPLAYExpiration: Saturday, June 4, 2022US / Canada Toll-Free: +1 (877) 660-6853L

SAN LEANDRO, CA / ACCESSWIRE / February 24, 2022 / Energy Recovery, Inc. (NASDAQ:ERII) today announced its financial results for the fourth quarter and fiscal year ended December 31, 2021. The Company achieved 13% product revenue growth for the fiscal year 2021 across all business segments."We are pleased to report another year of record revenue in 2021. This achievement reflects the important role our products play in reliably delivering energy and cost savings, as well as emissions reduction for critical industries. Additionally, our performance highlights the ability of our team to adapt and perform at the highest level, despite the many challenges presented by the global pandemic," said

SAN LEANDRO, CA / ACCESSWIRE / January 25, 2022 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the year and quarterly period ending December 31, 2021, on February 24, 2022 after market close.The Company will also host a conference call to discuss the fourth quarter and year-end financial results and related matters on Thursday, February 24, 2022 at 2:00 PM PT / 5:00 PM ET.EARNINGS RELEASEThursday, February 24, 2022 (after market close)LIVE CONFERENCE CALLThursday, February 24, 2022, 2:00 PM PT / 5:00 PM ETListen-only, US / Canada Toll-Free: +1 (877) 709-8150Listen-only, Local / International Toll: +1 (201) 689-8354Access code: 13726065CONFEREN

SAN LEANDRO, CA / ACCESSWIRE / November 4, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced its financial results for the third quarter ended September 30, 2021."2021 is playing out as expected, and we are well positioned to end the year in record fashion. Our desalination business continues to demonstrate strength, and we are building our pipeline of new industrial wastewater orders, two sides of our commitment to helping to address the growing global need for freshwater. We believe the solution to the rapidly increasing freshwater gap requires both increasing supply and better stewardship of water we already have," said Robert Mao, Chairman of the Board, President and Chief Execu

SAN LEANDRO, CA / ACCESSWIRE / September 14, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ending September 30, 2021, on November 4, 2021 after market close.The Company will also host a conference call to discuss the third quarter financial results and related matters on Thursday, November 4, 2021 at 2:00 PM PT / 5:00 PM ET.EARNINGS RELEASEThursday, November 4, 2021 (after market close)LIVE CONFERENCE CALLThursday, November 4, 2021, 2:00 PM PDT / 5:00 PM EDTListen-only, US / Canada Toll-Free: +1 (877) 709-8150Listen-only, Local / International Toll: +1 (201) 689-8354Access code: 13722959CONFERENCE CALL REPLAYExpirati

SAN LEANDRO, CA / ACCESSWIRE / August 5, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced its financial results for the second quarter ended June 30, 2021, achieving seven percent growth in product revenue, compared to the second quarter of 2020."Our desalination business continues to thrive, driven in part by returning demand in segments and regions hard-hit by COVID-19," said Robert Mao, Chairman of the Board, President and Chief Executive Officer of Energy Recovery.Mr. Mao continued, "We continue to make material progress in diversification efforts of our pressure exchanger technology. We have been awarded projects in the chemical manufacturing, landfill leachate and lithium-ion

SAN LEANDRO, CA / ACCESSWIRE / May 6, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced its financial results for the first quarter ended March 31, 2021. The Company posted record-high quarterly product revenue in its core Water segment with 52% growth compared to the first quarter of 2020."Today, Energy Recovery is at a key inflection point as we embark on a path of sustainable, disciplined, and diversified growth. First, we must protect and grow our seawater desalination business, which is thriving as our quarterly results show," said Robert Mao, Chairman of the Board, President, and Chief Executive Officer of Energy Recovery.Mr. Mao continued, "Second, we are expanding our pressu

$50 Million Share Buyback Program Announced SAN LEANDRO, CA / ACCESSWIRE / March 11, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced its financial results for the fourth quarter and fiscal year ended December 31, 2020. The Company achieved 26% product revenue growth for the fiscal year 2020 across all business segments, which includes a 27% year-over-year growth in our core seawater desalination business. Strong 2020 results combined with projected growth in 2021 and 2022 will likely increase Energy Recovery's cash balances. As a result, the Board of Directors of the Company approved a share repurchase program on March 9, 2021. Under this program, the Company may repurchase up