Energy Recovery (ERII) Tops Q3 EPS by 2c

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Energy Recovery Reports Third Quarter 2018 Financial Results

November 1, 2018 4:01 PM EDT

SAN LEANDRO, Calif., Nov. 1, 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 third quarter ended on September 30, 2018.

Third Quarter Summary:

Total revenue of $22.2 million, an increase of 30% year-over-year Product gross margin of 73% Total gross... More