Energy Recovery (ERII) Reports In-Line Q2 EPS
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Energy Recovery Reports Second Quarter and Year-to-Date 2017 Results
August 2, 2017 4:02 PM EDTSAN LEANDRO, Calif., Aug. 2, 2017 /PRNewswire/ --Â Energy Recovery, Inc. (NASDAQ: ERII) ("Energy Recovery" or the "Company"), the leader in pressure energy technology for industrial fluid flows, today announced its financial results for the second quarter of 2017 as well as the year-to-date results for the first six months of 2017.
Second Quarter Summary:
Total revenue of $12.2 million Product gross margin of 67.7%; highest in Company's history Total gross margin(1) of 71.0%; highest in Company's history Net loss of ($0.5) million,... More