• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy
    Subscribe to $ERII

    Energy Recovery Inc.

    Subscribe to $ERII
    $ERII
    Industrial Machinery/Components
    Technology

    Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells various solutions for industrial fluid-flow markets worldwide. The company operates through Water, and Oil & Gas segments. It designs, engineers, manufactures, and supplies various energy recovery devices (ERDs), including positive displacement isobaric ERDs and centrifugal-type ERDs, such as our hydraulic turbochargers; and high-pressure feed and circulation pumps. The company also provides spare parts, as well as repair, field, and commissioning services. In addition, it offers a solution to reduce energy consumption in natural gas processing, as well as to reduce waste, redundancy, and indirectly lower emissions associated with hydraulic fracturing; and products for use in the gas processing, chemical processing, and hydraulic fracturing applications. The company provides its products under the ERI, Ultra PX, PX, Pressure Exchanger, PX Pressure Exchanger (PX), PX PowerTrain, VorTeq, IsoBoost, AT, and AquaBold trademarks to large engineering, procurement, and construction (EPC) firms; end-users and industry consultants; original equipment manufacturers (OEMs); and aftermarket customers. Energy Recovery, Inc. was incorporated in 1992 and is headquartered in San Leandro, California.

    IPO Year: 2008

    Exchange: NASDAQ

    Website: energyrecovery.com

    Recent Analyst Ratings for Energy Recovery Inc.

    DatePrice TargetRatingAnalyst
    5/8/2025$12.50Buy → Neutral
    B. Riley Securities
    12/5/2024$22.00Buy
    Seaport Research Partners
    7/9/2024$21.00Outperform → Strong Buy
    Raymond James
    11/17/2022$28.00Buy
    B. Riley Securities
    11/8/2022$23.00Mkt Perform → Outperform
    Raymond James
    7/7/2021Outperform → Market Perform
    Raymond James
    See more ratings

    Energy Recovery Inc. SEC Filings

    See more
    • SEC Form SD filed by Energy Recovery Inc.

      SD - Energy Recovery, Inc. (0001421517) (Filer)

      5/23/25 4:09:49 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Amendment: SEC Form SCHEDULE 13G/A filed by Energy Recovery Inc.

      SCHEDULE 13G/A - Energy Recovery, Inc. (0001421517) (Subject)

      5/15/25 2:11:10 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Amendment: SEC Form SCHEDULE 13G/A filed by Energy Recovery Inc.

      SCHEDULE 13G/A - Energy Recovery, Inc. (0001421517) (Subject)

      5/15/25 12:51:01 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • SEC Form 10-Q filed by Energy Recovery Inc.

      10-Q - Energy Recovery, Inc. (0001421517) (Filer)

      5/7/25 4:09:41 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Energy Recovery Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - Energy Recovery, Inc. (0001421517) (Filer)

      5/7/25 4:07:06 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Amendment: SEC Form SCHEDULE 13G/A filed by Energy Recovery Inc.

      SCHEDULE 13G/A - Energy Recovery, Inc. (0001421517) (Subject)

      4/30/25 10:59:38 AM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • SEC Form DEF 14A filed by Energy Recovery Inc.

      DEF 14A - Energy Recovery, Inc. (0001421517) (Filer)

      4/21/25 4:11:54 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • SEC Form 10-K filed by Energy Recovery Inc.

      10-K - Energy Recovery, Inc. (0001421517) (Filer)

      2/26/25 4:13:44 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Energy Recovery Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - Energy Recovery, Inc. (0001421517) (Filer)

      2/26/25 4:12:39 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Energy Recovery Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

      8-K - Energy Recovery, Inc. (0001421517) (Filer)

      2/26/25 4:11:11 PM ET
      $ERII
      Industrial Machinery/Components
      Technology

    Energy Recovery Inc. Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Energy Recovery Inc.

      SC 13G/A - Energy Recovery, Inc. (0001421517) (Subject)

      11/14/24 1:02:23 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • SEC Form SC 13G filed by Energy Recovery Inc.

      SC 13G - Energy Recovery, Inc. (0001421517) (Subject)

      11/14/24 12:17:58 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Amendment: SEC Form SC 13G/A filed by Energy Recovery Inc.

      SC 13G/A - Energy Recovery, Inc. (0001421517) (Subject)

      11/12/24 9:55:15 AM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • SEC Form SC 13G filed by Energy Recovery Inc.

      SC 13G - Energy Recovery, Inc. (0001421517) (Subject)

      2/14/24 3:14:56 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • SEC Form SC 13G filed by Energy Recovery Inc.

      SC 13G - Energy Recovery, Inc. (0001421517) (Subject)

      2/13/24 5:04:31 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • SEC Form SC 13G/A filed by Energy Recovery Inc. (Amendment)

      SC 13G/A - Energy Recovery, Inc. (0001421517) (Subject)

      2/9/24 11:17:52 AM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • SEC Form SC 13G filed by Energy Recovery Inc.

      SC 13G - Energy Recovery, Inc. (0001421517) (Subject)

      2/9/24 9:03:02 AM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • SEC Form SC 13G/A filed by Energy Recovery Inc. (Amendment)

      SC 13G/A - Energy Recovery, Inc. (0001421517) (Subject)

      1/25/24 1:48:49 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • SEC Form SC 13G filed by Energy Recovery Inc.

      SC 13G - Energy Recovery, Inc. (0001421517) (Subject)

      2/10/23 1:22:05 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • SEC Form SC 13G filed by Energy Recovery Inc.

      SC 13G - Energy Recovery, Inc. (0001421517) (Subject)

      1/25/23 10:36:22 AM ET
      $ERII
      Industrial Machinery/Components
      Technology

    Energy Recovery Inc. Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Energy Recovery Reports its First Quarter 2025 Financial Results

      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

      5/7/25 4:07:00 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Energy Recovery to Release First Quarter 2025 Financial Results

      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

      4/24/25 7:00:00 AM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • 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 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

      2/26/25 4:07:00 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Energy Recovery Announces New Share Repurchase Program

      New $30 million program follows Q4 2024 completion of share repurchase announced in November 2024 Board authorization underscores balance sheet strength and free cash flow generation as company executes growth strategy Continued cost management and margin improvement initiatives driving confidence in long-term strategic operating plan Energy Recovery, Inc. (NASDAQ:ERII) today announced its Board of Directors approved a share repurchase program to purchase up to $30 million of the company's outstanding common stock over the next 12 months, beginning in February 2025. The new program is in addition to a $50 million share repurchase program announced in November and completed in Q4

      2/26/25 4:06:00 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Energy Recovery Appoints New CTO and VP, Wastewater

      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

      2/26/25 4:05:00 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Energy Recovery to Release Fourth Quarter and Full Year 2024 Financial Results and Announces an Investor Webinar

      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

      1/29/25 7:00:00 AM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • USA Rare Earth Appoints Joshua Ballard as Chief Executive Officer

      NEW YORK, Dec. 17, 2024 (GLOBE NEWSWIRE) -- USA Rare Earth, LLC ("USARE" or the "Company"), announced today that Joshua Ballard has been named Chief Executive Officer effective December 17, 2024. USARE's mission is to establish a vertically integrated, domestic rare earth magnet supply chain that includes heavy rare earth elements and other critical minerals, such as gallium. USARE is developing a NdFeB magnet manufacturing plant in the United States, and establishing domestic rare earth elements and critical minerals supply, extraction, and processing capabilities to both supply its magnet manufacturing plant and market surplus materials to third-parties. Mr. Ballard is a seasoned exec

      12/17/24 7:53:39 AM ET
      $ERII
      $IPXX
      Industrial Machinery/Components
      Technology
      Blank Checks
      Finance
    • Energy Recovery Wins "Breakthrough Innovation Award" at IDRA World Congress

      Industry leader recognized as "Most Innovative Company in Desalination Technology" At the 2024 IDRA World Congress show this week, Energy Recovery, Inc. (NASDAQ:ERII) was honored with The Breakthrough Innovation Award for Most Innovative Company in Desalination Technology. The award, announced at the IDRA World Congress Gala Dinner, "recognizes the pioneering efforts and transformative impact of a company, utility, or agency at the forefront of desalination technology." Energy Recovery has been the trusted gold standard in energy recovery solutions for the seawater reverse osmosis desalination industry for over a decade, thanks to the groundbreaking PX® Pressure Exchanger® technology. A

      12/16/24 1:01:00 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Energy Recovery Announces Share Repurchase Program

      Energy Recovery, Inc. (NASDAQ:ERII) today announced that its Board of Directors approved a share repurchase program to purchase up to $50 million of the company's outstanding common stock over the next 12 months, beginning in November 2024. "With our strategic plan, or Playbook, complete we now have a clear picture of the capital required to fund our growth," said Energy Recovery's President and CEO David Moon. "As such, we are happy to return a large portion of our cash to shareholders. We are in the fortunate position of being able to provide our shareholders with both strong business growth, as well as generous capital return." Under the newly authorized repurchase program, purchases

      11/18/24 4:03:00 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • 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 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

      10/30/24 4:05:00 PM ET
      $ERII
      Industrial Machinery/Components
      Technology

    Energy Recovery Inc. Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • President and CEO Moon David W bought $51,240 worth of shares (4,200 units at $12.20) (SEC Form 4)

      4 - Energy Recovery, Inc. (0001421517) (Issuer)

      5/15/25 5:05:23 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Director Tondreau Pamela L. bought $51,570 worth of shares (4,200 units at $12.28), increasing direct ownership by 11% to 41,043 units (SEC Form 4)

      4 - Energy Recovery, Inc. (0001421517) (Issuer)

      5/15/25 5:04:26 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • President and CEO Moon David W bought $48,009 worth of shares (3,000 units at $16.00) (SEC Form 4)

      4 - Energy Recovery, Inc. (0001421517) (Issuer)

      8/7/24 5:12:21 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Moon David W bought $141,288 worth of shares (10,500 units at $13.46) and returned 8,040 shares to the company, decreasing direct ownership by 8% to 90,870 units (SEC Form 4)

      4 - Energy Recovery, Inc. (0001421517) (Issuer)

      5/9/24 5:04:23 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Moon David W bought $166,732 worth of shares (10,750 units at $15.51) (SEC Form 4)

      4 - Energy Recovery, Inc. (0001421517) (Issuer)

      2/29/24 5:29:27 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Chow Joan Kai bought $26,685 worth of shares (1,500 units at $17.79) (SEC Form 4)

      4 - Energy Recovery, Inc. (0001421517) (Issuer)

      11/13/23 5:03:39 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Moon David W bought $153,935 worth of shares (8,500 units at $18.11) (SEC Form 4)

      4 - Energy Recovery, Inc. (0001421517) (Issuer)

      11/13/23 4:58:35 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Sabol Colin R bought $36,000 worth of shares (2,000 units at $18.00) (SEC Form 4)

      4 - Energy Recovery, Inc. (0001421517) (Issuer)

      11/13/23 4:56:47 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Sabol Colin R bought $17,750 worth of shares (1,000 units at $17.75) (SEC Form 4) (Amendment)

      4/A - Energy Recovery, Inc. (0001421517) (Issuer)

      11/13/23 4:47:53 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Tondreau Pamela L. bought $149,540 worth of shares (8,350 units at $17.91), increasing direct ownership by 57% to 23,119 units (SEC Form 4)

      4 - Energy Recovery, Inc. (0001421517) (Issuer)

      11/8/23 7:35:43 PM ET
      $ERII
      Industrial Machinery/Components
      Technology

    Energy Recovery Inc. Financials

    Live finance-specific insights

    See more
    • Energy Recovery Reports its First Quarter 2025 Financial Results

      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

      5/7/25 4:07:00 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Energy Recovery to Release First Quarter 2025 Financial Results

      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

      4/24/25 7:00:00 AM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • 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 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

      2/26/25 4:07:00 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Energy Recovery to Release Fourth Quarter and Full Year 2024 Financial Results and Announces an Investor Webinar

      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

      1/29/25 7:00:00 AM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • 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 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

      10/30/24 4:05:00 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Energy Recovery to Release Third Quarter 2024 Financial Results and Announces an Investor Webinar

      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

      10/7/24 7:00:00 AM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Energy Recovery Reports Its Second Quarter 2024 Financial Results

      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

      7/31/24 4:05:00 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Energy Recovery to Host Second Quarter 2024 Financial Results Conference Call on July 31, 2024

      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

      7/16/24 7:00:00 AM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Energy Recovery Reports its First Quarter 2024 Financial Results

      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

      5/1/24 4:00:00 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Energy Recovery to Release First Quarter 2024 Financial Results

      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

      4/3/24 7:00:00 AM ET
      $ERII
      Industrial Machinery/Components
      Technology

    Energy Recovery Inc. Leadership Updates

    Live Leadership Updates

    See more
    • Energy Recovery Appoints New CTO and VP, Wastewater

      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

      2/26/25 4:05:00 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Energy Recovery Appoints Mike Mancini as Chief Financial Officer

      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."

      7/31/24 4:02:00 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Energy Recovery Announces Appointments of CO2 Refrigeration Leader and Chief Human Resources Officer

      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

      5/30/24 8:00:00 AM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • 374Water Appoints Chris Gannon as New CEO to Spearhead Scaling of its Revolutionary Waste and Water Treatment Technology

      DURHAM, NC / ACCESSWIRE / April 23, 2024 / 374Water Inc. (NASDAQ:SCWO), a global leader in cutting-edge, sustainable waste management technologies, today announced the appointment of Chris Gannon as its new President and Chief Executive Officer (CEO), effective immediately. Gannon brings a broad array of executive leadership experience in multiple disciplines and industries, including environmental technology development, highly engineered product, advanced manufacturing, and global customer support and service with customers in the municipal, industrial, commercial, defense, and medical spaces. Gannon has also served in numerous transformational roles at both publicly traded and private equ

      4/23/24 8:00:00 AM ET
      $ERII
      $SCWO
      Industrial Machinery/Components
      Technology
      Metal Fabrications
      Consumer Discretionary
    • Energy Recovery Appoints David Moon as President and CEO

      Energy Recovery, Inc. (NASDAQ:ERII), a trusted global leader in energy efficiency technology, today announced David Moon has been named President and Chief Executive Officer of the Company. Mr. Moon has served as interim President and CEO since October 2023 and will continue serving on the Board of Directors. "David is the right leader to drive our long-term growth," said Board Chair Pamela Tondreau. "The Board conducted a comprehensive search and has unanimously agreed David has the experience and skills the company needs as we focus on commercializing new applications of our PX technology platform. We have been particularly impressed with his broad executive experience in commercial and

      1/22/24 7:45:00 AM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Energy Recovery Announces Leadership Transition

      Appoints David Moon Interim CEO Energy Recovery, Inc. (NASDAQ:ERII) today announced Mr. David Moon, a current member of the Energy Recovery Board of Directors, has been appointed interim Chief Executive Officer, effective immediately. Mr. Bob Mao will remain a member of the Board, and Ms. Pamela Tondreau, current Lead Independent Director, has been elected as the new Chairperson of the Board. A comprehensive search process to identify a permanent President and Chief Executive Officer, which includes internal and external candidates, has been underway with the assistance of a leading executive search firm. "The Board has firm conviction in Energy Recovery's long-term potential and is con

      10/24/23 4:32:00 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Energy Recovery Announces Appointment of Refrigeration, Water Executives to Board of Directors

      Energy Recovery, Inc. (NASDAQ:ERII) today announced the appointment of refrigeration executive David Moon and water solutions leader Colin Sabol to its Board of Directors. "Mr. Moon and Mr. Sabol's extensive expertise in their respective fields will be a great asset as we continue expanding our PX technology into new markets and advancing the environmental sustainability of our customers' operations," said Robert Mao, Chairman of the Board, President and Chief Executive Officer of Energy Recovery. "With decades of combined global experience in management, commercial engagement, and technology, we look forward to their contributions to our innovation and growth." Mr. Moon has led and adv

      7/10/23 7:00:00 AM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Energy Recovery Announces PX G1300 Exclusive Distribution Agreement for the Benelux Region with European Refrigeration Company Fieuw Koeltechniek

      Signing Celebration to be Held at EuroShop 2023 Trade FairSAN LEANDRO, CA and ROESELARE, BELGIUM / ACCESSWIRE / February 22, 2023 / Energy Recovery, Inc.® (NASDAQ:ERII) today announced the appointment of Fieuw Koeltechniek (Fieuw), a leading refrigeration cooling rack and service provider in Belgium, the Netherlands, and Luxembourg (the Benelux region), as Energy Recovery's exclusive distribution agent in the Benelux region. The parties entered into an exclusive distribution agreement, Energy Recovery's first for its PX G1300TM energy recovery device in Europe, which grants Fieuw exclusive rights to sell the PX G1300 within the Benelux region for two years and requires set volume purchase of

      2/22/23 4:15:00 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Joan Chow Joins Energy Recovery Board of Directors

      SAN LEANDRO, CA / ACCESSWIRE / December 20, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced the appointment of Joan Chow to its Board of Directors."We are delighted to have Ms. Chow join our board, who brings years of experience as an executive and corporate director in multiple industries," said Robert Mao, Chairman of the Board, President and Chief Executive Officer of Energy Recovery. "As we continue to expand the application of our PX technology to new industries, a broad range of perspectives and experience on the board is critical. Her deep marketing expertise and past success with providing insights and cultivating relationships with leading retail grocers - key customers f

      12/20/21 8:00:00 AM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Lisa Pollina Joins Energy Recovery Board of Directors

      SAN LEANDRO, CA / ACCESSWIRE / September 20, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced the appointment of Lisa Pollina to its Board of Directors."Ms. Pollina's deep expertise in banking and capital markets, and her extensive leadership experience in many other forums, will be a tremendous asset as we pursue our strategy of disciplined and diversified growth. She has served as a trusted advisor to major private financial institutions as well as the U.S. Federal Reserve and served on multiple corporate boards over the years," said Robert Mao, Chairman of the Board, President and Chief Executive Officer of Energy Recovery. "Through both her global business responsibilities and

      9/20/21 8:00:00 AM ET
      $ARES
      $ERII
      Investment Managers
      Finance
      Industrial Machinery/Components
      Technology

    Energy Recovery Inc. Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more

    Energy Recovery Inc. Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • President and CEO Moon David W bought $51,240 worth of shares (4,200 units at $12.20) (SEC Form 4)

      4 - Energy Recovery, Inc. (0001421517) (Issuer)

      5/15/25 5:05:23 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Director Tondreau Pamela L. bought $51,570 worth of shares (4,200 units at $12.28), increasing direct ownership by 11% to 41,043 units (SEC Form 4)

      4 - Energy Recovery, Inc. (0001421517) (Issuer)

      5/15/25 5:04:26 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Director Hanstveit Arve sold $816,950 worth of shares (50,000 units at $16.34), decreasing direct ownership by 7% to 693,182 units (SEC Form 4)

      4 - Energy Recovery, Inc. (0001421517) (Issuer)

      3/13/25 4:24:22 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Chief Technology Officer Ramanan Natarajan was granted 26,455 shares (SEC Form 4)

      4 - Energy Recovery, Inc. (0001421517) (Issuer)

      3/12/25 5:04:19 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • SEC Form 3 filed by new insider Ramanan Natarajan

      3 - Energy Recovery, Inc. (0001421517) (Issuer)

      3/12/25 5:02:36 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Chief Legal Officer Yeung William covered exercise/tax liability with 944 shares, decreasing direct ownership by 0.92% to 102,035 units (SEC Form 4)

      4 - Energy Recovery, Inc. (0001421517) (Issuer)

      3/12/25 4:59:47 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • SVP, Water Clemente Rodney covered exercise/tax liability with 794 shares and sold $29,912 worth of shares (1,843 units at $16.23), decreasing direct ownership by 2% to 108,472 units (SEC Form 4)

      4 - Energy Recovery, Inc. (0001421517) (Issuer)

      3/12/25 4:57:41 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • New insider Hostetler Matthew claimed ownership of 23,956 shares (SEC Form 3)

      3 - Energy Recovery, Inc. (0001421517) (Issuer)

      2/24/25 6:37:06 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • SVP, Water Clemente Rodney sold $330,709 worth of shares (21,444 units at $15.42), decreasing direct ownership by 16% to 111,109 units (SEC Form 4)

      4 - Energy Recovery, Inc. (0001421517) (Issuer)

      2/24/25 6:34:56 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • SVP, Water Clemente Rodney covered exercise/tax liability with 944 shares, decreasing direct ownership by 0.71% to 132,553 units (SEC Form 4)

      4 - Energy Recovery, Inc. (0001421517) (Issuer)

      2/5/25 6:41:57 PM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Energy Recovery downgraded by B. Riley Securities with a new price target

      B. Riley Securities downgraded Energy Recovery from Buy to Neutral and set a new price target of $12.50

      5/8/25 8:26:41 AM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Seaport Research Partners initiated coverage on Energy Recovery with a new price target

      Seaport Research Partners initiated coverage of Energy Recovery with a rating of Buy and set a new price target of $22.00

      12/5/24 8:03:57 AM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Energy Recovery upgraded by Raymond James with a new price target

      Raymond James upgraded Energy Recovery from Outperform to Strong Buy and set a new price target of $21.00

      7/9/24 8:11:49 AM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • B. Riley Securities initiated coverage on Energy Recovery with a new price target

      B. Riley Securities initiated coverage of Energy Recovery with a rating of Buy and set a new price target of $28.00

      11/17/22 7:20:52 AM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Energy Recovery upgraded by Raymond James with a new price target

      Raymond James upgraded Energy Recovery from Mkt Perform to Outperform and set a new price target of $23.00

      11/8/22 6:16:47 AM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Energy Recovery downgraded by Raymond James

      Raymond James downgraded Energy Recovery from Outperform to Market Perform

      7/7/21 6:46:16 AM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Raymond James reiterated coverage on Energy Recovery with a new price target

      Raymond James reiterated coverage of Energy Recovery with a rating of Outperform and set a new price target of $23.00 from $21.00 previously

      5/7/21 8:11:41 AM ET
      $ERII
      Industrial Machinery/Components
      Technology
    • Raymond James reiterated coverage on Energy Recovery with a new price target

      Raymond James reiterated coverage of Energy Recovery with a rating of Outperform and set a new price target of $21.00 from $16.00 previously

      3/12/21 8:05:37 AM ET
      $ERII
      Industrial Machinery/Components
      Technology