26-Feb-2025 3:07 PM CST - Business Wire Energy Recovery Reports its Fourth Quarter 2024 Financial Results 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 Q42023 and resulting in full-year revenue at the midpoint of guidance. Gross margin of 70.2%, an increase of 110 bps, as compared to Q42023, due primarily to benefits from our manufacturing transformation.
30-Oct-2024 3:05 PM CST - Business Wire Energy Recovery Reports its Third Quarter 2024 Financial Results 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 Q32023, due primarily to higher manufacturing costs and higher costs related to product mix. Operating expenses
21-Oct-2024 6:00 AM CST - Business Wire Join Energy Recoverys Live Investor Webinar and Q&A Session on November 18, 2024 Energy Recovery, Inc. (NASDAQ: ERII) (Energy Recovery or the Company) will host an investor webinar to present its strategic vision with senior management on November 18th, 2024 from 10 a.m. to about noon Eastern Time. This special event will include presentations by CEO, David Moon, CFO Mike Mancini, Sr. VP of Water, Rodney Clemente, and VP of CO2, Ricardo Freitas. Managements presentations will be followed by a live Q&A session for analysts and inves
26-Feb-2025 3:07 PM CST - Business Wire Energy Recovery Reports its Fourth Quarter 2024 Financial Results 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 Q42023 and resulting in full-year revenue at the midpoint of guidance. Gross margin of 70.2%, an increase of 110 bps, as compared to Q42023, due primarily to benefits from our manufacturing transformation.
30-Oct-2024 3:05 PM CST - Business Wire Energy Recovery Reports its Third Quarter 2024 Financial Results 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 Q32023, due primarily to higher manufacturing costs and higher costs related to product mix. Operating expenses
21-Oct-2024 6:00 AM CST - Business Wire Join Energy Recoverys Live Investor Webinar and Q&A Session on November 18, 2024 Energy Recovery, Inc. (NASDAQ: ERII) (Energy Recovery or the Company) will host an investor webinar to present its strategic vision with senior management on November 18th, 2024 from 10 a.m. to about noon Eastern Time. This special event will include presentations by CEO, David Moon, CFO Mike Mancini, Sr. VP of Water, Rodney Clemente, and VP of CO2, Ricardo Freitas. Managements presentations will be followed by a live Q&A session for analysts and inves