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Energy Recovery Q1 2023 Earnings Report

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$15.14 -0.02 (-0.13%)
(As of 12/20/2024 05:16 PM ET)

Energy Recovery EPS Results

Actual EPS
-$0.08
Consensus EPS
-$0.12
Beat/Miss
Beat by +$0.04
One Year Ago EPS
$0.14

Energy Recovery Revenue Results

Actual Revenue
$13.40 million
Expected Revenue
$13.04 million
Beat/Miss
Beat by +$360.00 thousand
YoY Revenue Growth
-58.80%

Energy Recovery Announcement Details

Quarter
Q1 2023
Time
After Market Closes

Conference Call Resources

Conference Call Audio

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Energy Recovery Earnings Headlines

AI breakthrough about to upend industry
Everyone is talking about AI right now. The talk has been endless ever since ChatGPT was released to the market in late 2022. You might think it’s way too late to invest in AI. But here’s the thing.
3 Reasons ERII Should Be High on Your Watchlist
See More Energy Recovery Headlines
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About Energy Recovery

Energy Recovery (NASDAQ:ERII), together with its subsidiaries, designs, manufactures, and sells energy efficiency technology solutions in the Americas, the Middle East, Africa, Asia, and Europe. The company operates through Water and Emerging Technologies segments. The company offers high and low pressure, and ultra pressure exchangers; AT and LPT hydraulic turbochargers; and high-pressure feed and circulation booster pumps for use in seawater and brackish desalination, and wastewater treatment. It also provides PX G1300, which reduces energy consumption and operating costs of carbon dioxide-based refrigeration systems; and spare parts, as well as repair, field, and commissioning services. It sells its products under the ERI, PX, Pressure Exchanger, PX Pressure Exchanger, Ultra PX, PX G, PX G1300, PX PowerTrain, AT, and Aquabold brands to original equipment manufacturers, supermarket chains, cold storage facilities, refrigeration system installers, and other industrial users; aftermarket customers consisting of desalination plant owners and operators; and project developers, end-users, and industry consultants, as well as engineering, procurement, and construction firms. Energy Recovery, Inc. was incorporated in 1992 and is headquartered in San Leandro, California.

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