Energy Recovery (ERII) Tops Q4 EPS by 9c

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Energy Recovery Reports Fiscal Year End 2017 Financial Results

March 7, 2018 4:30 PM EST

SAN LEANDRO, Calif., March 7, 2018 /PRNewswire/ -- 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 fiscal year and fourth quarter ended on December 31, 2017.

Full Year Summary:

Total revenue of $63.2 million, an increase of 15% year-over-year Product gross margin of 67.2%... More