Energy Recovery (ERII) Tops Q4 EPS by 4c, Revenues Beat

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Energy Recovery Reports Fiscal Year End 2018 Financial Results

March 7, 2019 4:02 PM EST

SAN LEANDRO, Calif., March 7, 2019 /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, 2018.

Full Year Summary

Total revenue of $74.5 million, an increase of 8% year-over-year Product gross margin of 70.7%... More