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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
4 - Energy Recovery, Inc. (0001421517) (Issuer)
4 - Energy Recovery, Inc. (0001421517) (Issuer)
4 - Energy Recovery, Inc. (0001421517) (Issuer)
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
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
Energy Recovery, Inc. (NASDAQ:ERII) today announced new performance data for the PX G1300® pressure exchanger. The findings demonstrate its successful integration into several existing CO2 refrigeration systems to reduce energy consumption and increase cooling capacity and system stability. CO2 refrigeration is a leading replacement for harmful hydrofluorocarbon (HFC) systems because it is non-toxic, non-flammable, and has a low global warming potential thousands of times better than HFCs. While CO2 systems consume less energy than typical HFC systems1, their efficiency declines in hot weather, leading to higher electricity costs in the summer. Many current solutions leverage water to keep
SC 13G/A - Energy Recovery, Inc. (0001421517) (Subject)
SC 13G - Energy Recovery, Inc. (0001421517) (Subject)
SC 13G/A - Energy Recovery, Inc. (0001421517) (Subject)
Raymond James upgraded Energy Recovery from Outperform to Strong Buy and set a new price target of $21.00
B. Riley Securities initiated coverage of Energy Recovery with a rating of Buy and set a new price target of $28.00
Raymond James upgraded Energy Recovery from Mkt Perform to Outperform and set a new price target of $23.00
4 - Energy Recovery, Inc. (0001421517) (Issuer)
4 - Energy Recovery, Inc. (0001421517) (Issuer)
4 - Energy Recovery, Inc. (0001421517) (Issuer)
Raymond James analyst Pavel Molchanov upgrades Energy Recovery (NASDAQ:ERII) from Outperform to Strong Buy and maintains the price target from $21 to $21.
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
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
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
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
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
8-K - Energy Recovery, Inc. (0001421517) (Filer)
10-Q - Energy Recovery, Inc. (0001421517) (Filer)
8-K - Energy Recovery, Inc. (0001421517) (Filer)