
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 |
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
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
8-K - Energy Recovery, Inc. (0001421517) (Filer)
SD - Energy Recovery, Inc. (0001421517) (Filer)
SCHEDULE 13G/A - Energy Recovery, Inc. (0001421517) (Subject)