Energy Recovery (ERII) Tops Q2 EPS by 27c

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Energy Recovery Reports Second Quarter 2018 Financial Results

August 2, 2018 4:01 PM EDT

SAN LEANDRO, Calif., Aug. 2, 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 second quarter ended on June 30, 2018.    

Second Quarter Summary:

Total revenue of $20.8 million, an increase of 49% year-over-year Product gross margin of 66% Total gross margin(1) of... More