Raymond James downgraded Energy Recovery from Outperform to Market Perform
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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 |
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
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
4 - Energy Recovery, Inc. (0001421517) (Issuer)
4 - Energy Recovery, Inc. (0001421517) (Issuer)
4 - Energy Recovery, Inc. (0001421517) (Issuer)
4 - Energy Recovery, Inc. (0001421517) (Issuer)
4 - Energy Recovery, Inc. (0001421517) (Issuer)
4 - Energy Recovery, Inc. (0001421517) (Issuer)
SD - Energy Recovery, Inc. (0001421517) (Filer)
SCHEDULE 13G/A - Energy Recovery, Inc. (0001421517) (Subject)
SCHEDULE 13G/A - Energy Recovery, Inc. (0001421517) (Subject)
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
SC 13G/A - Energy Recovery, Inc. (0001421517) (Subject)
SC 13G - Energy Recovery, Inc. (0001421517) (Subject)
SC 13G/A - Energy Recovery, Inc. (0001421517) (Subject)
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
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