Summary
14.46 -0.33(-2.23%)09/06/2024
Energy Recovery Inc (ERII)
Energy Recovery Inc (ERII)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -2.13 | -10.96 | -9.00 | 7.43 | -6.50 | -42.16 | 50.78 | 47.10 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 14.46 | |
| Open | 14.81 | |
| High | 14.89 | |
| Low | 14.44 | |
| Volume | 221,432 | |
| Change | -0.32 | |
| Change % | -2.13 | |
| Avg Volume (20 Days) | 288,261 | |
| Volume/Avg Volume (20 Days) Ratio | 0.77 | |
| 52 Week Range | 12.26 - 25.65 | |
| Price vs 52 Week High | -43.63% | |
| Price vs 52 Week Low | 17.94% | |
| Range | -2.36 | |
| Gap Up/Down | -1.11 | |
Fundamentals | ||
| Market Capitalization (Mln) | 836 | |
| EBIDTA | 20,375,000 | |
| PE Ratio | 41.0588 | |
| PEG Ratio | 1.0900 | |
| WallStreet Target Price | 20.50 | |
| Book Value | 3.7680 | |
| Earnings Per Share | 0.3400 | |
| EPS Estimate Current Quarter | -0.1300 | |
| EPS Estimate Next Quarter | -0.0300 | |
| EPS Estimate Current Year | 0.3100 | |
| EPS Estimate Next Year | 0.5800 | |
| Diluted EPS (TTM) | 0.3400 | |
| Revenues | ||
| Profit Marging | 0.1538 | |
| Operating Marging (TTM) | -0.9044 | |
| Return on asset (TTM) | 0.0449 | |
| Return on equity (TTM) | 0.0983 | |
| Revenue TTM | 127,038,000 | |
| Revenue per share TTM | 2.2420 | |
| Quarterly Revenue Growth (YOY) | -0.0980 | |
| Quarterly Earnings Growth (YOY) | 0.4140 | |
| Gross Profit (TTM) | 87,356,000 | |
| Dividends | ||
| Dividend Share | 0.0000 | |
| Dividend Yield | ||
| Valuations | ||
| Trailing PE | 41.0588 | |
| Forward PE | 0.0000 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 3.7341 | |
| Revenue Enterprise Value | 5.6528 | |
| EBITDA Enterprise Value | 29.2574 | |
| Shares | ||
| Shares Outstanding | 57,330,200 | |
| Shares Float | 55,937,030 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.04 | |
| Insider (%) | 2.47 | |
| Institutions (%) | 91.81 | |
07/31 20:59 EST - seekingalpha.com
Energy Recovery, Inc. (ERII) Q2 2024 Earnings Call Transcript
Energy Recovery, Inc. (NASDAQ:ERII ) Q2 2024 Earnings Conference Call July 31, 2024 5:00 PM ET Company Participants James Siccardi - VP, Investor Relations David Moon - President & CEO Conference Call Participants Pavel Molchanov - Raymond James Ryan Pfingst - B. Riley Securities Jason Bandel - Evercore ISI Operator Greetings, and welcome to the Energy Recovery 2Q '24 Earnings Call.
Energy Recovery, Inc. (ERII) Q2 2024 Earnings Call Transcript
Energy Recovery, Inc. (NASDAQ:ERII ) Q2 2024 Earnings Conference Call July 31, 2024 5:00 PM ET Company Participants James Siccardi - VP, Investor Relations David Moon - President & CEO Conference Call Participants Pavel Molchanov - Raymond James Ryan Pfingst - B. Riley Securities Jason Bandel - Evercore ISI Operator Greetings, and welcome to the Energy Recovery 2Q '24 Earnings Call.
07/31 19:56 EST - zacks.com
Energy Recovery (ERII) Q2 Earnings and Revenues Top Estimates
Energy Recovery (ERII) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. This compares to break-even earnings per share a year ago.
Energy Recovery (ERII) Q2 Earnings and Revenues Top Estimates
Energy Recovery (ERII) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. This compares to break-even earnings per share a year ago.
05/30 08:00 EST - businesswire.com
Energy Recovery Announces Appointments of CO2 Refrigeration Leader and Chief Human Resources Officer
SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq: ERII) today announced key hires in support of the company's growth strategy with the appointment of Ricardo Freitas as Vice President and General Manager of the company's CO2 refrigeration business and Matt Hostetler as Chief Human Resources Officer (CHRO). “Energy Recovery is entering a new phase, and optimizing our product, processes, and talent is critical to fueling our future growth plans,” said David Moon, Energy Recover.
Energy Recovery Announces Appointments of CO2 Refrigeration Leader and Chief Human Resources Officer
SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq: ERII) today announced key hires in support of the company's growth strategy with the appointment of Ricardo Freitas as Vice President and General Manager of the company's CO2 refrigeration business and Matt Hostetler as Chief Human Resources Officer (CHRO). “Energy Recovery is entering a new phase, and optimizing our product, processes, and talent is critical to fueling our future growth plans,” said David Moon, Energy Recover.
05/09 10:36 EST - youtube.com
Energy Recovery ($ERII) Signs Deal to Supply Desalination Technology to Communities in India
Energy Recovery (NASDAQ: ERII), a company that specializes in commercial and industrial fluid-flow markets, has announced contracts worth $15 million for supplying its PX Pressure Exchanger energy recovery devices to desalination plants in India. These contracts, slated for shipment in 2024, will collectively contribute to producing more than 670,000 cubic meters of clean drinking water daily for Indian communities.
Energy Recovery ($ERII) Signs Deal to Supply Desalination Technology to Communities in India
Energy Recovery (NASDAQ: ERII), a company that specializes in commercial and industrial fluid-flow markets, has announced contracts worth $15 million for supplying its PX Pressure Exchanger energy recovery devices to desalination plants in India. These contracts, slated for shipment in 2024, will collectively contribute to producing more than 670,000 cubic meters of clean drinking water daily for Indian communities.
05/01 21:40 EST - seekingalpha.com
Energy Recovery, Inc. (ERII) Q1 2024 Earnings Call Transcript
Energy Recovery, Inc. (NASDAQ:ERII ) Q1 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants James Siccardi - Vice President of Investor Relations David Moon - President & Chief Executive Officer Joshua Ballard - Chief Financial Officer Conference Call Participants Pavel Molchanov - Raymond James Ryan Pfingst - B. Riley Securities Operator Greetings and welcome to the Energy Recovery First Quarter 2024 Earnings Call.
Energy Recovery, Inc. (ERII) Q1 2024 Earnings Call Transcript
Energy Recovery, Inc. (NASDAQ:ERII ) Q1 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants James Siccardi - Vice President of Investor Relations David Moon - President & Chief Executive Officer Joshua Ballard - Chief Financial Officer Conference Call Participants Pavel Molchanov - Raymond James Ryan Pfingst - B. Riley Securities Operator Greetings and welcome to the Energy Recovery First Quarter 2024 Earnings Call.
05/01 18:10 EST - zacks.com
Energy Recovery (ERII) Reports Q1 Loss, Lags Revenue Estimates
Energy Recovery (ERII) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.08 per share a year ago.
Energy Recovery (ERII) Reports Q1 Loss, Lags Revenue Estimates
Energy Recovery (ERII) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.08 per share a year ago.
05/01 16:00 EST - businesswire.com
Energy Recovery Reports its First Quarter 2024 Financial Results
SAN LEANDRO, Calif.--(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 an increase in inventory scrap. Operating expenses of $18.1 million, an increase of 11%.
Energy Recovery Reports its First Quarter 2024 Financial Results
SAN LEANDRO, Calif.--(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 an increase in inventory scrap. Operating expenses of $18.1 million, an increase of 11%.
04/23 08:00 EST - accesswire.com
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.
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.
04/03 07:00 EST - businesswire.com
Energy Recovery to Release First Quarter 2024 Financial Results
SAN LEANDRO, Calif.--(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. ET Listen-only, US / Canada Toll-Free: +1 (877) 709-8150 Listen-only, Local / Internatio.
Energy Recovery to Release First Quarter 2024 Financial Results
SAN LEANDRO, Calif.--(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. ET Listen-only, US / Canada Toll-Free: +1 (877) 709-8150 Listen-only, Local / Internatio.
02/21 20:31 EST - seekingalpha.com
Energy Recovery, Inc. (ERII) Q4 2023 Earnings Call Transcript
Energy Recovery, Inc. (ERII) Q4 2023 Earnings Call Transcript
Energy Recovery, Inc. (ERII) Q4 2023 Earnings Call Transcript
Energy Recovery, Inc. (ERII) Q4 2023 Earnings Call Transcript
02/21 16:20 EST - businesswire.com
Energy Recovery Announces CFO Transition
SAN LEANDRO, Calif.--(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 leadership and contributions to the success of Energy Recovery. He is leaving a strong.
Energy Recovery Announces CFO Transition
SAN LEANDRO, Calif.--(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 leadership and contributions to the success of Energy Recovery. He is leaving a strong.
02/21 16:00 EST - businesswire.com
Energy Recovery Reports Record Full Year and Fourth Quarter Revenue for 2023
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, 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 million, representing a 35% year-on-year growth with strong performance in Energy Recovery'.
Energy Recovery Reports Record Full Year and Fourth Quarter Revenue for 2023
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, 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 million, representing a 35% year-on-year growth with strong performance in Energy Recovery'.
02/13 07:00 EST - businesswire.com
Energy Recovery Announces $28 Million in Desalination Contracts for Flagship PX Q400 Energy Recovery Device
SAN LEANDRO, Calif.--(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 will produce nearly 1.5 million cubic meters of water for municipal use in the Gulf, a significantly water-stressed region, and the awards demonstrate confidence in Energy Recovery's lates.
Energy Recovery Announces $28 Million in Desalination Contracts for Flagship PX Q400 Energy Recovery Device
SAN LEANDRO, Calif.--(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 will produce nearly 1.5 million cubic meters of water for municipal use in the Gulf, a significantly water-stressed region, and the awards demonstrate confidence in Energy Recovery's lates.
01/24 07:00 EST - businesswire.com
Energy Recovery to Release Full Year and Fourth Quarter 2023 Financial Results
SAN LEANDRO, Calif.--(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 21, 2024, 2 p.m. PT / 5 p.m. ET Listen-only, US / Canada Toll-Free: +1 (877) 709-8150.
Energy Recovery to Release Full Year and Fourth Quarter 2023 Financial Results
SAN LEANDRO, Calif.--(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 21, 2024, 2 p.m. PT / 5 p.m. ET Listen-only, US / Canada Toll-Free: +1 (877) 709-8150.
01/22 07:45 EST - businesswire.com
Energy Recovery Appoints David Moon as President and CEO
SAN LEANDRO, Calif.--(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 Board Chair Pamela Tondreau. “The Board conducted a comprehensive search and has unan.
Energy Recovery Appoints David Moon as President and CEO
SAN LEANDRO, Calif.--(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 Board Chair Pamela Tondreau. “The Board conducted a comprehensive search and has unan.
11/03 09:00 EST - seekingalpha.com
Energy Recovery: Most Important Takeaways From The Q3 Call
Energy Recovery (ERII) dominates the global industrial desalination industry, having a 90% global market share. ERII is now trying to copy its technology into a new global segment - industrial air-conditioning and refrigeration. Due to Kigali protocol, all greenhouse gas industrial air-conditioning and refrigeration systems need to be replaced with CO2 systems.
Energy Recovery: Most Important Takeaways From The Q3 Call
Energy Recovery (ERII) dominates the global industrial desalination industry, having a 90% global market share. ERII is now trying to copy its technology into a new global segment - industrial air-conditioning and refrigeration. Due to Kigali protocol, all greenhouse gas industrial air-conditioning and refrigeration systems need to be replaced with CO2 systems.
10/24 16:32 EST - businesswire.com
Energy Recovery Announces Leadership Transition
SAN LEANDRO, Calif.--(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 Chairperson of the Board. A comprehensive search process to identify a permanent President and Chief Executive Officer, wh.
Energy Recovery Announces Leadership Transition
SAN LEANDRO, Calif.--(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 Chairperson of the Board. A comprehensive search process to identify a permanent President and Chief Executive Officer, wh.
10/18 07:00 EST - businesswire.com
Energy Recovery Awarded Desalination Contracts in Algeria Totaling $28 Million
SAN LEANDRO, Calif.--(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% of the water supply by 2030, in response to climate change and a severe drought in 20.
Energy Recovery Awarded Desalination Contracts in Algeria Totaling $28 Million
SAN LEANDRO, Calif.--(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% of the water supply by 2030, in response to climate change and a severe drought in 20.
10/02 07:00 EST - businesswire.com
Energy Recovery to Release Third Quarter 2023 Financial Results
SAN LEANDRO, Calif.--(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, 2023, 2 p.m. PT / 5 p.m. ET Listen-only, US / Canada Toll-Free: +1 (877) 709-8150 Liste.
Energy Recovery to Release Third Quarter 2023 Financial Results
SAN LEANDRO, Calif.--(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, 2023, 2 p.m. PT / 5 p.m. ET Listen-only, US / Canada Toll-Free: +1 (877) 709-8150 Liste.
09/22 00:00 EST - businesswire.com
Energy Recovery and Epta Win Refrigeration Innovation of the Year at RAC Cooling Industry Awards 2023
SAN LEANDRO, Calif.--(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 CO2 refrigeration system. The award for Refrigeration Innovation of the Year recognizes systems, products, or processes that utilize new technology to provide definitive innovations to refrigeration. The innovative and patent pending XTE solution utilizes the energy sa.
Energy Recovery and Epta Win Refrigeration Innovation of the Year at RAC Cooling Industry Awards 2023
SAN LEANDRO, Calif.--(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 CO2 refrigeration system. The award for Refrigeration Innovation of the Year recognizes systems, products, or processes that utilize new technology to provide definitive innovations to refrigeration. The innovative and patent pending XTE solution utilizes the energy sa.