
Delaware | 001-34112 | ||||
(State or other jurisdiction of incorporation) | (Commission File Number) |
Exhibit No. | Description of Document | |||||||
Energy Recovery, Inc. | ||||||||||||||
Date: | May 23, 2025 | By: | /s/ William Yeung | |||||||||||
William Yeung | ||||||||||||||
Chief Legal Officer |
Delaware | 001-34112 | ||||
(State or other jurisdiction of incorporation) | (Commission File Number) |
Exhibit No. | Description of Document | |||||||
Energy Recovery, Inc. | ||||||||||||||
Date: | May 23, 2025 | By: | /s/ William Yeung | |||||||||||
William Yeung | ||||||||||||||
Chief Legal Officer |
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Date | Price Target | Rating | Analyst |
---|---|---|---|
5/8/2025 | $12.50 | Buy → Neutral | B. Riley Securities |
12/5/2024 | $22.00 | Buy | Seaport Research Partners |
7/9/2024 | $21.00 | Outperform → Strong Buy | Raymond James |
11/17/2022 | $28.00 | Buy | B. Riley Securities |
11/8/2022 | $23.00 | Mkt Perform → Outperform | Raymond James |
7/7/2021 | Outperform → Market Perform | Raymond James |
SCHEDULE 13G/A - Energy Recovery, Inc. (0001421517) (Subject)
10-Q - Energy Recovery, Inc. (0001421517) (Filer)
8-K - Energy Recovery, Inc. (0001421517) (Filer)
B. Riley Securities downgraded Energy Recovery from Buy to Neutral and set a new price target of $12.50
Seaport Research Partners initiated coverage of Energy Recovery with a rating of Buy and set a new price target of $22.00
Raymond James upgraded Energy Recovery from Outperform to Strong Buy and set a new price target of $21.00
4 - Energy Recovery, Inc. (0001421517) (Issuer)
4 - Energy Recovery, Inc. (0001421517) (Issuer)
4 - Energy Recovery, Inc. (0001421517) (Issuer)
4 - Energy Recovery, Inc. (0001421517) (Issuer)
4 - Energy Recovery, Inc. (0001421517) (Issuer)
4 - Energy Recovery, Inc. (0001421517) (Issuer)
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'
New $25 million repurchase follows two earlier programs for a total of $105 million between November 2024 and August 2025 $50 million share repurchase announced in November 2024 was completed in Q4 2024 $30 million share repurchase announced in February 2025 is nearing completion Board authorization reflects continued strong cash generation and confidence in the company's ability to fund growth while returning capital efficiently Energy Recovery, Inc. (NASDAQ:ERII) today announced its Board of Directors approved a share repurchase program to purchase up to $25 million of the company's outstanding common stock over the next 12 months, beginning in August 2025. The new progra
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
Dr. Ram Ramanan, with more than three decades in product innovation leadership at companies including Bloom Energy, to become Chief Technology Officer Dr. Ramanan to assume duties following the handover and retirement of Dr. Farshad Ghasripoor, who will serve as an executive advisor through October 2025 After six years with Energy Recovery, David Kim-Hak was promoted to new Vice President, Wastewater role focused on accelerating wastewater revenue growth Appointments advance strategy and focus on technical, operational, and cultural excellence Energy Recovery, Inc. (NASDAQ:ERII) today announced the appointment of a new Chief Technology Officer and Vice President, Wastewater
Energy Recovery, Inc. (NASDAQ:ERII) today announced the appointment of Michael (Mike) Mancini as Chief Financial Officer (CFO). He will join Energy Recovery on August 5, 2024. Mr. Mancini is an experienced CFO and business strategist with extensive operational and capital markets experience. "From Mike's extensive experience with high-growth engineering and technology businesses to his expertise in capital allocation, he possesses all the qualities we have been seeking in a new CFO," said David Moon, President and CEO of Energy Recovery. "Mike's analytical horsepower and collaborative approach will be tremendous assets as we advance our growth strategy and move further into new markets."
Energy Recovery, Inc. (NASDAQ:ERII) today announced key hires in support of the company's growth strategy with the appointment of Ricardo Freitas as Vice President and General Manager of the company's CO2 refrigeration business and Matt Hostetler as Chief Human Resources Officer (CHRO). "Energy Recovery is entering a new phase, and optimizing our product, processes, and talent is critical to fueling our future growth plans," said David Moon, Energy Recovery President and CEO. "Ricardo and Matt are proven global leaders with unique experience and skills that will help us capture the opportunities before us. Both will play an integral role in executing our strategy and accelerating our grow
SC 13G/A - Energy Recovery, Inc. (0001421517) (Subject)
SC 13G - Energy Recovery, Inc. (0001421517) (Subject)
SC 13G/A - Energy Recovery, Inc. (0001421517) (Subject)
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