Energy Recovery (ERII) Tops Q1 EPS by 5c

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Energy Recovery Reports First Quarter 2019 Financial Results

May 2, 2019 4:02 PM EDT

SAN LEANDRO, Calif., May 2, 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 first quarter ended on March 31, 2019.    

First Quarter Summary:

Total revenue of $19.8 million, an increase of 43% year-over-year Product gross margin of 69.3% Total gross... More