Energy Recovery (ERII) Misses Q1 EPS by 13c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AMD
2. BKNG
3. AMGN
4. DOX
5. DUOL
6. ANET
7. SWKS
8. SPY
9. XYZ
10. CVS

Go back to Energy Recovery (ERII) Misses Q1 EPS by 13c

Energy Recovery Reports Unaudited Financial Results for the Fourth Quarter and Fiscal Year of 2014

March 5, 2015 5:01 PM EST

FOURTH QUARTER SUMMARY:

Total revenue decreased by 36% to $14.8 million in the current period, from $23.2 million in the fourth quarter of 2013 Gross profit margin was 61% in the current period, compared to 63% in the fourth quarter of 2013, as a result of lower production levels and, to a lesser extent, a shift in mix Operating expenses increased by $6.0 million, or 78%, from $7.8 million in the fourth quarter of 2013 to $13.8 million in the current period due to an increase in research & development and legal expenses Net loss of $(4.9) million, or $(0.09) per share, in the current period,... More