Energy Recovery (ERII) Misses Q1 EPS by 12c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
Energy Recovery Reports Unaudited Financial Results for the First Quarter of 2015
May 7, 2015 5:14 PM EDTFIRST QUARTER HIGHLIGHTS:
Total revenue increased by 50% to $5.9 million in the current period, from $3.9 million in the first quarter of 2014 Gross profit margin was 57% in the current period, compared to 58% in the first quarter of 2014, as a result of lower production levels offset by a favorable shift in mix Operating expenses increased by $5.4 million, or 91%, from $6.0 million in the first quarter of 2014 to $11.4 million in the current period primarily due to non-recurring legal and CEO transition expenses and to a lesser extent, higher research & development expenses Net loss of $(8.3) million,... More