Energy Recovery, Inc. Stock News

Energy Recovery, Inc. presents an attractive opportunity for a small initial position based on adjusted earnings yield versus growth perspectives and execution risk. ERII met full-year guidance with strong Q4 2024 results, crucial for generating yearly profits, because of the lumpy nature of desalination projects. The company projects moderate growth until 2027, with significant acceleration ex...

Energy Recovery, Inc. (NASDAQ:ERII ) Q4 2024 Earnings Call February 26, 2025 5:00 PM ET Company Participants David Moon - President and Chief Executive Officer Mike Mancini - Chief Financial Officer Conference Call Participants Jeffrey Campbell - Seaport Research Partners Ryan Pfingst - B. Riley Securities Operator Good day, ladies and gentlemen and welcome to Energy Recovery's Fourth Quarter a...

SAN LEANDRO, Calif.--(BUSINESS WIRE)--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 increas...

SAN LEANDRO, Calif.--(BUSINESS WIRE)--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 2024. U...

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq: ERII) today announced the appointment of a new Chief Technology Officer and Vice President, Wastewater. Ram Ramanan will become CTO on March 3 following a handover from Farshad Ghasripoor, whose retirement comes after 12 years with the company. Energy Recovery also promoted David Kim-Hak to Vice President, Wastewater, a new ro...

Energy Recovery leverages population growth, water scarcity, and environmental protection trends, with a strong market position in desalination and emerging opportunities in CO2 refrigeration and wastewater treatment. Despite past overpromises, Energy Recovery's new leadership aims to execute revised targets, focusing on market penetration and product iterations to drive growth. The company boa...

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (NASDAQ: ERII or the Company) 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 clo...

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (NASDAQ: ERII or the Company) 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 clo...