SAN LEANDRO, Calif. / Feb 26, 2025 / 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 increase of 110 bps, as... Read More

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 SAN LEANDRO, Calif. / Feb 26, 2025 / Business Wire / Energy Recovery, Inc. (Nasdaq: ERII)... Read More

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... Read More

SAN LEANDRO, Calif. / Jan 29, 2025 / 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 close) LIVE... Read More

Industry leader recognized as “Most Innovative Company in Desalination Technology” ABU DHABI, United Arab Emirates / Dec 16, 2024 / Business Wire / 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... Read More

SAN LEANDRO, Calif. / Nov 18, 2024 / Business Wire / 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... Read More

SAN LEANDRO, Calif. / Oct 30, 2024 / Business Wire / 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... Read More

SAN LEANDRO, Calif. / Oct 28, 2024 / Business Wire / 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 CO 2 refrigeration systems to reduce energy consumption and increase cooling capacity and system stability. CO 2 refrigeration is a leading replacement for harmful hydrofluorocarbon (HFC)... Read More

SAN LEANDRO, Calif. / Oct 21, 2024 / Business Wire / Energy Recovery, Inc. (NASDAQ: ERII) (Energy Recovery or the Company) will host an investor webinar to present its strategic vision with senior management on November 18 th , 2024 from 10 a.m. to about noon Eastern Time. This special event will include presentations by CEO, David Moon, CFO Mike Mancini, Sr. VP of Water, Rodney Clemente, and VP of CO 2 , Ricardo Freitas.... Read More

SAN LEANDRO, Calif. / Oct 17, 2024 / Business Wire / Energy Recovery (NASDAQ: ERII) today announced contract awards totaling over $12 million for its PX® Pressure Exchanger® (PX) energy recovery devices for three seawater reverse osmosis (SWRO) desalination projects in the United Arab Emirates. The plants include capacity totaling close to 1 million cubic meters per day, and the orders are expected to ship by Q4 2024. These... Read More

SAN LEANDRO, Calif. / Oct 07, 2024 / Business Wire / Energy Recovery, Inc. (NASDAQ: ERII or the Company) 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... Read More

SAN LEANDRO, Calif. / Aug 15, 2024 / Business Wire / Energy Recovery, Inc. (Nasdaq: ERII) today announced the company has signed contracts to supply its PX® Pressure Exchanger® to seawater reverse osmosis (SWRO) desalination projects in Morocco, totaling $27.5 million. These contracts have previously been reported in the... Read More

SAN LEANDRO, Calif. / Jul 31, 2024 / Business Wire / 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... Read More

SAN LEANDRO, Calif. / Jul 31, 2024 / Business Wire / 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... Read More

SAN LEANDRO, Calif. / Jul 16, 2024 / Business Wire / 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... Read More

SAN LEANDRO, Calif. / May 30, 2024 / Business Wire / 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 CO 2 refrigeration business and Matt Hostetler as Chief Human Resources Officer (CHRO). “Energy Recovery is entering a new phase, and optimizing our product, processes, and... Read More

SAN LEANDRO, Calif. / May 09, 2024 / Business Wire / Energy Recovery, Inc. (Nasdaq: ERII) today announced $15 million in contracts to supply its PX® Pressure Exchanger® energy recovery devices to seawater reverse osmosis (SWRO) desalination plants in India. All orders are expected to ship in 2024. All together, these plants... Read More

SAN LEANDRO, Calif. / May 01, 2024 / Business Wire / 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... Read More

SAN LEANDRO, Calif. / Apr 03, 2024 / Business Wire / 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.... Read More

SAN LEANDRO, Calif. / Feb 21, 2024 / Business Wire / Energy Recovery, Inc. (Nasdaq: ERII), a trusted global leader in energy efficiency technology, today announced Joshua Ballard has made the decision to step down from his position as Chief Financial Officer at the end of June 2024. A search to identify Energy Recovery’s next CFO is underway with the executive search firm Korn Ferry. “I want to thank Josh for his tremendous... Read More

SAN LEANDRO, Calif. / Feb 21, 2024 / 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, 2023. Fiscal Year 2023 Highlights Record annual revenue of $128.3 million, which includes a 79% growth in wastewater and represents nine consecutive years of revenue growth. Record quarterly revenue of $57.2... Read More

SAN LEANDRO, Calif. / Feb 13, 2024 / Business Wire / Energy Recovery, Inc. (Nasdaq: ERII) today announced the award of contracts totaling over $28 million to supply its newest top-of-the-line PX® Pressure Exchanger® energy recovery device (ERD), the PX Q400 , to mega desalination projects in the Gulf region. These facilities... Read More

SAN LEANDRO, Calif. / Jan 24, 2024 / Business Wire / Energy Recovery, Inc. (NASDAQ: ERII) today announced it will release its financial results for the year and quarterly period ending December 31, 2023, and will host a conference call to discuss the results and related matters on February 21, 2024 after market close. EARNINGS RELEASE Wednesday, February 21, 2024 (after market close) LIVE CONFERENCE CALL Wednesday, February... Read More

SAN LEANDRO, Calif. / Jan 22, 2024 / Business Wire / 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... Read More

SAN LEANDRO, Calif. / Nov 01, 2023 / Business Wire / 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, 2023. Third Quarter Highlights Revenue of $37.0 million, exceeding the upper end of our guidance which was attributed to an increase in megaproject revenues. Gross margin of 69.9%, higher than our estimates... Read More

Appoints David Moon Interim CEO SAN LEANDRO, Calif. / Oct 24, 2023 / Business Wire / 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... Read More

SAN LEANDRO, Calif. / Oct 18, 2023 / Business Wire / Energy Recovery, Inc. (NASDAQ: ERII) today announced several contracts to supply the PX® Pressure Exchanger® (“PX”) to desalination projects in Algeria totaling over $28 million. Desalination plays a large role in Algeria’s strategy to combat water scarcity. Desalination provides 17% of Algeria’s water, and the country has prioritized increasing desalination’s share to 50%... Read More

SAN LEANDRO, Calif. / Oct 02, 2023 / Business Wire / Energy Recovery, Inc. (NASDAQ: ERII) today announced it will release its financial results for the quarterly period ending September 30, 2023, and will host a conference call to discuss quarterly results and related matters on November 1, 2023 after market close. EARNINGS RELEASE Wednesday, November 1, 2023 (after market close) LIVE CONFERENCE CALL Wednesday, November 1,... Read More

SAN LEANDRO, Calif. / Sep 22, 2023 / Business Wire / Energy Recovery (NASDAQ: ERII) and Epta Group (Epta) were together awarded Refrigeration Innovation of the Year for the XTE (Extra Transcritical Efficiency), Epta’s next-generation commercial CO 2 refrigeration system. The award for Refrigeration Innovation of the Year recognizes systems, products, or processes that utilize new technology to provide definitive innovations... Read More

SAN LEANDRO, Calif. / Sep 12, 2023 / Business Wire / Energy Recovery, Inc. (NASDAQ: ERII), a trusted global leader in energy efficiency technology, today released its fourth annual Sustainability Report, underscoring the strong connection between the company’s business goals and its sustainability efforts. Energy Recovery has set its first corporate emissions reduction target, committing to reduce its emissions in relation... Read More

SAN LEANDRO, Calif. / Aug 02, 2023 / Business Wire / 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, 2023. Second Quarter Highlights Revenue of $20.7 million, within the lower end of guidance. Revenue was lower due to a timing delay of a $5.7 million megaproject shipment that will subsequently be recognized in... Read More

SAN LEANDRO, Calif. / Jul 25, 2023 / Business Wire / Energy Recovery (NASDAQ: ERII) today announced a collection of contracts totaling nearly $17 million to supply PX ® Pressure Exchanger ® energy recovery devices for desalination facilities in the Gulf region. These PX devices are expected to prevent over 400,000 metric tons... Read More

SAN LEANDRO, Calif. / Jul 18, 2023 / Business Wire / Energy Recovery, Inc. (NASDAQ: ERII) announced today that MSCI upgraded the company from an AA rating to its highest rating of AAA in its latest environmental, social, and governance (ESG) assessment completed on July 4, 2023. MSCI’s evaluation recognizes Energy Recovery as one of the highest performing companies within the Industrial Machinery industry in MSCI’s All... Read More

SAN LEANDRO, Calif. / Jul 10, 2023 / Business Wire / 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... Read More

SAN LEANDRO, Calif. / Jul 10, 2023 / Business Wire / Energy Recovery, Inc. (NASDAQ: ERII) today announced it will release its financial results for the quarterly period ending June 30, 2023, and will host a conference call to discuss quarterly results and related matters on August 2, 2023 after market close. EARNINGS RELEASE Wednesday, August 2, 2023 (after market close) LIVE CONFERENCE CALL Wednesday, August 2, 2023, 2 p.m.... Read More

PX G1300 pressure exchanger features high-performance technology for CO2 systems that work more efficiently as temperatures rise SAN LEANDRO, Calif. / Jun 13, 2023 / Business Wire / At the conclusion of the ATMO Awards Ceremony of the Atmosphere America Summit 2023 in Washington D.C., Energy Recovery, Inc . earned the prestigious Refrigeration Innovation of the Year Award for its PX G1300 TM Pressure Exchanger. The award for... Read More

New models include the U20, U80, and U250 for enhanced efficiency and reliability in industrial applications SAN LEANDRO, Calif. / Jun 01, 2023 / Business Wire / Energy Recovery Inc. , a market leader in energy recovery devices (ERDs), has announced the expansion of its PX® Pressure Exchanger® Ultra High-Pressure Series (U Series) product line, tailored for ultra high-pressure reverse osmosis (UHPRO) applications. The... Read More

SAN LEANDRO, Calif. / May 03, 2023 / Business Wire / Energy Recovery, Inc. (Nasdaq:ERII) (“Energy Recovery” or the “Company”) today announced its financial results for the first quarter ended March 31, 2023. First Quarter Highlights Revenue of $13.4 million, and within February 2023 guidance. Lower gross margin of 60.9%, as compared to Q1’2022, driven mainly by an increase in pump and hydraulic turbocharger revenue in the... Read More

SAN LEANDRO, Calif. / Apr 26, 2023 / Business Wire / Energy Recovery (NASDAQ: ERII) today announced a collection of contracts totaling over $8 million to supply PX® Pressure Exchanger® energy recovery devices and accessories to desalination facilities in Chile. These contracts are for mining applications and demonstrate the region's continuing investment in desalination. Chile is the world's No. 1 copper producer and the No.... Read More

SAN LEANDRO, Calif. / Apr 19, 2023 / Business Wire / Energy Recovery, Inc. (NASDAQ: ERII) today announced it will release its financial results for the quarterly period ending March 31, 2023, and host a conference call to discuss the quarterly results and related matters on May 3, 2023, after market close. EARNINGS RELEASE Wednesday, May 3, 2023 (after market close) LIVE CONFERENCE CALL Wednesday, May 3, 2023, 2 p.m. PT / 5... Read More

SAN LEANDRO, CA / ACCESSWIRE / February 27, 2023 / Energy Recovery, Inc. ® (NASDAQ:ERII) today announced its PX G1300™ energy recovery device is a featured component in Epta Group (Epta)'s next-generation commercial CO 2 refrigeration system, the XTE (Extra Transcritical Efficiency). Epta, independent global player and leader specialized in commercial refrigeration, unveiled the XTE on the first day of EuroShop 2023 , the... Read More

Signing Celebration to be Held at EuroShop 2023 Trade Fair SAN 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... Read More

SAN LEANDRO, CA / ACCESSWIRE / February 22, 2023 / Energy Recovery, Inc. (NASDAQ:ERII) ("Energy Recovery" or the "Company") today announced its financial results for the fourth quarter ended December 31, 2022. Fiscal Year 2022 Highlights Revenue growth of 21% over the prior year and within the November 2022 guidance. Achieved the highest revenue quarter in the company's history during the fourth quarter of fiscal year 2022... Read More

SAN LEANDRO, CA / ACCESSWIRE / February 16, 2023 / Energy Recovery, Inc. ® (NASDAQ:ERII) today announced a set of contracts totaling over $9 million to supply its PX ® Pressure Exchanger ® energy recovery devices to desalination facilities in China, India, South Korea, and Indonesia. The orders are estimated to be fulfilled by the end of Q3 2023. These contracts represent a mix of industrial and municipal applications and... Read More

SAN LEANDRO, CA / ACCESSWIRE / January 23, 2023 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the year and quarterly period ending December 31, 2022, and host a conference call to discuss the results and related matters on Wednesday, February 22, 2023 after market close. EARNINGS RELEASE Wednesday, February 22, 2023 (after market close) LIVE CONFERENCE CALL Wednesday,... Read More

Energy Recovery, Inc. (NASDAQ:ERII) ("Energy Recovery" or the "Company") today announced its financial results for the third quarter ended September 30, 2022. Third Quarter Highlights: Revenue of $30.5 million. Full year revenue guidance of $121-$125 million, or 16%-20% year-on-year growth, within gross margin expectations guided last year. Income from operations of $4.9 million and adjusted income from operations (1) of... Read More

The Next Evolution of Energy Recovery's PX® Pressure Exchanger® Technology Energy Recovery , a market leader in energy recovery devices (ERDs), has announced the launch of the PX Q400 Pressure Exchanger . The PX Q400 is the next evolution of Energy Recovery's trusted and industry-leading PX® Pressure Exchanger® technology and... Read More

Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ending September 30, 2022, and host a conference call to discuss the quarterly results and related matters on November 2, 2022 after market close. EARNINGS RELEASE Wednesday, November 2, 2022 (after market close) LIVE CONFERENCE CALL Wednesday, November 2, 2022, 2 p.m. PT / 5 p.m. ET Listen-only, US / Canada... Read More

Highlights: Energy Recovery's newly released ESG report discloses nearly $4 billion saved in energy costs and 14.5 million metric tons of emissions avoided annually for its customers. The company's pressure exchanger (PX) technology makes sustainable practices more economical, eliminating the difficult decision of "sustainability vs. bottom line" in critical industries such as desalination, industrial wastewater treatment,... Read More

Energy Recovery, Inc. (NASDAQ:ERII) today announced a slate of contract awards totaling more than $12.6 million to supply its PX® Pressure Exchanger® energy recovery devices (PX) to seawater reverse osmosis (SWRO) desalination facilities in North Africa, with all orders to be fulfilled by the end of 2022. Energy Recovery estimates that across the four largest facilities in this group, the PX will prevent more than 130,000... Read More

Energy Recovery, Inc . (NASDAQ:ERII) ("Energy Recovery" or the "Company") today announced its financial results for the second quarter ended June 30, 2022. Second Quarter Highlights: Revenue of $20.3 million, as guided in the first quarter. Full year revenue guidance of $130 million, or 25% year-on-year growth, reaffirmed within gross margin expectations guided last year. Loss from operations of $2.9 million and adjusted... Read More

Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ending June 30, 2022, and host a conference call to discuss the quarter results and related matters on August 3, 2022 after market close. EARNINGS RELEASE Wednesday, August 3, 2022 (after market close) LIVE CONFERENCE CALL Wednesday, August 3, 2022, 2 p.m. PT / 5 p.m. ET Listen-only, US / Canada Toll-Free: +1... Read More

Presentation Times and Weblinks Released for Over 70 Presenting Companies Wednesday and Thursday, June 15 th -16 th , 2022 Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day Summer Small Cap Virtual Conference taking place Wednesday and Thursday, June 15 th -16 th , 2022. The links can also be found at www.sidoticonference.com/events . Presentation Schedule **Click Co. Name for Link**... Read More

Energy Recovery, Inc . (NASDAQ:ERII) today announced three contract awards totaling over $8.2 million to supply its PX® Pressure Exchanger® energy recovery devices to seawater reverse osmosis (SWRO) desalination facilities in Asia. The orders are expected to be fulfilled by the end of Q3 of 2022. When completed, Energy Recovery estimates the plants will prevent nearly 180,000 metric tons of carbon dioxide emissions each... Read More

Energy Recovery, Inc. (NASDAQ:ERII) ("Energy Recovery" or the "Company") today announced its financial results for the first quarter ended March 31, 2022. News Summary Revenue of $32.5 million, an increase of 12% year-over-year ("YoY"). Income from operations of $8.2 million, an increase of 34% YoY, and adjusted income from operations (1) of $10.1 million, or an increase of 25% YoY. Net income per share of $0.14, an increase... Read More

Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ending March 31, 2022, on May 4, 2022 after market close. The Company will host a conference call to discuss first quarter results and related matters on Wednesday, May 4, 2022 at 2:00 PM PT / 5:00 PM ET. EARNINGS RELEASE Wednesday, May 4, 2022 (after market close) LIVE CONFERENCE CALL Wednesday, May 4, 2022,... Read More

Energy Recovery, Inc. (NASDAQ:ERII) today announced multiple contract awards in the Gulf region totaling over $20 million for its PX ® Pressure Exchanger ® energy recovery devices. The orders are expected to be fulfilled by Q4 of 2023 and altogether, the desalination plants will be able to provide over one million cubic meters of water each day in this water-scarce region of the world. When these projects are completed, they... Read More

Energy Recovery, Inc. (Nasdaq:ERII) today announced its financial results for the fourth quarter and fiscal year ended December 31, 2021. The Company achieved 13% product revenue growth for the fiscal year 2021 across all business segments. "We are pleased to report another year of record revenue in 2021. This achievement reflects the important role our products play in reliably delivering energy and cost savings, as well as... Read More

Energy Recovery, Inc. (NASDAQ:ERII) today announced two awards to supply its PX® Pressure Exchanger® (PX) energy recovery devices and an array of pumps to support industrial wastewater treatment operations at a battery-grade lithium carbonate manufacturing facility in Tibet, China and a textile wastewater treatment facility in Rajasthan, India. Both projects will utilize Energy Recovery's flagship PX in the seawater reverse... Read More

Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the year and quarterly period ending December 31, 2021, on February 24, 2022 after market close. The Company will also host a conference call to discuss the fourth quarter and year-end financial results and related matters on Thursday, February 24, 2022 at 2:00 PM PT / 5:00 PM ET. EARNINGS RELEASE Thursday, February 24, 2022 (after... Read More

Energy Recovery (NASDAQ:ERII) today announced contract awards totaling nearly $25 million for its PX® Pressure Exchanger® (PX) energy recovery devices for desalination plants in the Kingdom of Saudi Arabia, as well as several of the company's PX PowerTrain™ solutions. The capacity for the combined plants will be 1 million cubic meters per day, and the orders are expected to be fulfilled by the close of Q1 2022. The plants... Read More

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... Read More

Energy Recovery (NASDAQ:ERII) today announced an awarded contract to replace the Flowserve DWEER (Dual Work Exchanger Energy Recovery) in a desalination facility that serves the community of Palm Jumeirah, a man-made island off the coast of Dubai, United Arab Emirates (UAE). Energy Recovery will supply the facility with PX® Pressure Exchanger® (PX) devices along with several of the company's PX PowerTrain™ solutions. The... Read More

Energy Recovery, Inc. (NASDAQ:ERII) today announced its financial results for the third quarter ended September 30, 2021. "2021 is playing out as expected, and we are well positioned to end the year in record fashion. Our desalination business continues to demonstrate strength, and we are building our pipeline of new industrial wastewater orders, two sides of our commitment to helping to address the growing global need for... Read More

Energy Recovery, Inc . (NASDAQ:ERII) and Vallarta Supermarkets , a California-based company with more than 50 locations, today announced an agreement to install Energy Recovery's PX G1300 (PX G) energy recovery device in Vallarta Supermarkets' store located in the City of Indio in Southern California. "As we've committed to doing all we can to reduce our impact on the environment, we have been hunting for new technology and... Read More

Energy Recovery (NASDAQ:ERII) today announced contract awards totaling more than $21.9 million for its PX® Pressure Exchanger® (PX) energy recovery devices and related equipment and services for seawater reverse osmosis desalination (SWRO) plants in the Kingdom of Saudi Arabia. The orders are expected to ship through Q2 of 2022, and the plants will be able to produce a combined total over one million cubic meters of water... Read More

Energy Recovery, Inc . (NASDAQ:ERII) today announced an award to supply its Ultra PX™ energy recovery devices to support industrial wastewater treatment operations at a lithium-ion battery manufacturing facility in China. As the world continues to rely more on intermittent renewable electric generation and to electrify more industries such as transportation, the demand for energy storage technologies is growing in tandem.... Read More

Energy Recovery, Inc . (NASDAQ:ERII) tomorrow will host an ESG-focused webinar, "Charting Sustainable Growth with ESG Principles," in which company leaders will review highlights of the company's ESG program and how ESG is linked to driving long-term, sustainable growth for Energy Recovery and its stakeholders. The webinar will take place on Wednesday, September 29 at 9:00 AM ET/1:00 PM UTC . To learn more about the event,... Read More

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.... Read More

Energy Recovery , an energy recovery device manufacturer of technologies that solve complex challenges for industrial fluid-flow markets worldwide, has joined the North American Sustainable Refrigeration Council (NASRC) at the silver level. NASRC is an action-oriented 501c3 nonprofit working in partnership with the supermarket industry to create a climate-friendly future for refrigeration by eliminating the barriers to... Read More

Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ending September 30, 2021, on November 4, 2021 after market close. The Company will also host a conference call to discuss the third quarter financial results and related matters on Thursday, November 4, 2021 at 2:00 PM PT / 5:00 PM ET. EARNINGS RELEASE Thursday, November 4, 2021 (after market close) LIVE... Read More

Energy Recovery, Inc . (NASDAQ:ERII) today announced the release of its second annual Environmental, Social and Governance (ESG) Report. The report details the company's ongoing efforts to drive industrial sustainability, incorporate sustainability principles throughout its products and practices, and invest in its people to support its growth strategy. "Today, our company reached another milestone on our ESG journey, and we... Read More

Energy Recovery, Inc. (Nasdaq: ERII) today announced its financial results for the second quarter ended June 30, 2021, achieving seven percent growth in product revenue, compared to the second quarter of 2020. "Our desalination business continues to thrive, driven in part by returning demand in segments and regions hard-hit by COVID-19," said Robert Mao, Chairman of the Board, President and Chief Executive Officer of Energy... Read More

Energy Recovery, Inc . (NASDAQ:ERII) today announced new awards to support the industrial wastewater treatment operations of lithium-ion battery manufacturing, chemical manufacturing and landfill leachate facilities in China. All three facilities will purchase Energy Recovery's Ultra PX™ energy recovery devices (ERD), while the lithium-ion battery facility will also purchase PX® Pressure Exchanger® (PX) ERDs. China requires... Read More

Energy Recovery (NASDAQ:ERII) today announced contract awards totaling over $6 million for its PX® Pressure Exchanger® (PX) energy recovery devices and related equipment and services to multiple seawater reverse osmosis (SWRO) desalination facilities in Asia. These orders are currently shipping to customers and are scheduled to be fulfilled by the end of Q3 2021. Asia's need for clean water is intensifying, driven by... Read More

Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ending June 30, 2021, on Aug 5, 2021 after market close. The Company will also hold a conference call to discuss the second quarter financial results on Thursday, August 5, 2021 at 2:00 PM PDT / 5:00 PM EDT. Robert Mao, Chairman of the Board of Directors and President and Chief Executive Officer, and Joshua... Read More

Energy Recovery (NASDAQ:ERII) today announced contract awards totaling over $13.8 million for its PX® Pressure Exchanger® (PX) energy recovery devices and PX PowerTrain™ system, supporting the construction of the Sorek B Seawater Reverse Osmosis Desalination (SWRO) Plant led by IDE Technologies. The order is expected to ship between Q3 and Q4 of this year. Once completed, the Sorek B Plant will be the largest SWRO plant in... Read More

Energy Recovery (NASDAQ:ERII) today announced that its 2021 Annual Meeting of Stockholders ("Annual Meeting") will take place on Thursday, June 10, 2021, at 10:00 a.m. PDT/1:00 p.m. EDT. The Annual Meeting will include an update on the development of Energy Recovery's VorTeq technology. The Annual Meeting will be held virtually via live audio webcast. Stockholders can attend the Annual Meeting online at... Read More

Energy Recovery, Inc . (NASDAQ:ERII) today announced its inaugural Environmental, Social and Governance ("ESG") report has been shortlisted for Best 1 st Time Sustainability Report by the Corporate Register Reporting Awards (CRRA) along with eight other corporations across the globe. Published in September 2020, the report details Energy Recovery's multi-pronged approach to enhancing sustainability and its ESG performance.... Read More

Energy Recovery, Inc. (Nasdaq:ERII) today announced its financial results for the first quarter ended March 31, 2021. The Company posted record-high quarterly product revenue in its core Water segment with 52% growth compared to the first quarter of 2020. "Today, Energy Recovery is at a key inflection point as we embark on a path of sustainable, disciplined, and diversified growth. First, we must protect and grow our... Read More

Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ended March 31, 2021, on May 6, 2021 after market close. The Company will also hold a conference call to discuss the first quarter financial results on Thursday, May 6, 2021 at 2:00 PM PDT / 5:00 PM EDT. Robert Mao, Chairman of the Board of Directors and President and Chief Executive Officer, and Joshua Ballard,... Read More

Energy Recovery (NASDAQ:ERII) today announced contract awards totaling $11.7 million to provide its flagship PX® Pressure Exchanger® ("PX") energy recovery devices and related equipment and services to multiple seawater reverse osmosis ("SWRO") desalination facilities in the United Arab Emirates ("UAE"). These orders are currently shipping to customers and are scheduled to be fulfilled by Q2 2021. Energy Recovery estimates... Read More

$50 Million Share Buyback Program Announced Energy Recovery, Inc. (NASDAQ:ERII) today announced its financial results for the fourth quarter and fiscal year ended December 31, 2020. The Company achieved 26% product revenue growth for the fiscal year 2020 across all business segments, which includes a 27% year-over-year growth... Read More

Webinar Announced to Discuss Cutting-Edge Approach for Minimal Liquid Discharge Systems Energy Recovery (NASDAQ:ERII) today announced a partnership with DuPont Water Solutions ("DuPont"), a global leader in purification and specialty-separation technologies, to offer advanced solutions improving the efficiency of many industrial wastewater treatment systems. The companies will co-host a webinar on Wednesday, March 10, at... Read More

Energy Recovery Announces Second Contract for the Ultra PX Energy Recovery (NASDAQ:ERII) today announced its second contract award for the Company's new Ultra PX™ energy recovery device, which will support the industrial wastewater treatment operations of a natural gas plant in the Sichuan Province of China. Energy Recovery previously announced during the Company's Q3 2020 earnings conference call its first Ultra PX contract... Read More