Profile
Sector:
IndustrialsIndustry:
Pollution & Treatment ControlsCountry:
United StatesIPO:
02 July 2008Website:
http://www.energyrecovery.comNext earnings report:
21 February 2025Last dividends:
N/ANext dividends:
N/APrice
regular market | 10 min agoDividend
Analysts recommendations
Institutional Ownership
ERII Latest News
SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq: ERII) today announced that its Board of Directors approved a share repurchase program to purchase up to $50 million of the company's outstanding common stock over the next 12 months, beginning in November 2024. “With our strategic plan, or Playbook, complete we now have a clear picture of the capital required to fund our growth,” said Energy Recovery's President and CEO David Moon. “As such, we are happy to return a large port.
Rising urbanization and stricter building codes are pushing commercial and residential sectors to adopt ERVs, as these systems effectively balance indoor temperature and humidity while reducing the load on heating, ventilation, and air conditioning (HVAC) systems, Says S&S Insider. Rising urbanization and stricter building codes are pushing commercial and residential sectors to adopt ERVs, as these systems effectively balance indoor temperature and humidity while reducing the load on heating, ventilation, and air conditioning (HVAC) systems, Says S&S Insider.
Energy Recovery reported Q3 2024 results with much better performance in delivering products to their mega-projects and recording revenues. Still, about 50% of yearly revenue has to be delivered in Q4, leaving significant guidance-miss risk, which should not affect overall business profitability anyway. The company issued a white paper with positive data on the refrigeration technology, although it is still early to determine its value.
Energy Recovery, Inc. (NASDAQ:ERII ) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Lionel McBee - Director, Investor Relations David Moon - President and Chief Executive Officer, Director Michael Mancini - Chief Financial Officer Conference Call Participants Ryan Pfingst - B. Riley Securities Pavel Molchanov - Raymond James Jason Bandel - Evercore ISI Jeffrey Campbell - Seaport Research Partners Operator Good day, ladies and gentlemen, and welcome to the Energy Recovery Third Quarter Earnings Call.
Energy Recovery (ERII) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.20 per share a year ago.
Energy Recovery (ERII) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. This compares to break-even earnings per share a year ago.
Energy Recovery, Inc. (NASDAQ: ERII) Q1 2024 Earnings Conference Call on May 1, 2024 at 5:00 PM ET with Company Participants James Siccardi, David Moon, and Joshua Ballard. Conference Call Participants include Pavel Molchanov and Ryan Pfingst. Welcome to the Energy Recovery First Quarter 2024 Earnings Call.
Energy Recovery (ERII) reported a quarterly loss of $0.08 per share, which was better than the expected loss of $0.11 per share according to Zacks Consensus Estimate. This is the same loss per share as the previous year.
Does Energy Recovery (ERII) have what it takes to be a top stock pick for momentum investors? Let's find out.
What type of business is Energy Recovery?
Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells energy efficiency technology solutions in the Americas, the Middle East, Africa, Asia, and Europe. The company operates through Water and Emerging Technologies segments. The company offers high and low pressure, and ultra pressure exchangers; AT and LPT hydraulic turbochargers; and high-pressure feed and circulation booster pumps for use in seawater and brackish desalination, and wastewater treatment. It also provides PX G1300, which reduces energy consumption and operating costs of carbon dioxide-based refrigeration systems; and spare parts, as well as repair, field, and commissioning services. It sells its products under the ERI, PX, Pressure Exchanger, PX Pressure Exchanger, Ultra PX, PX G, PX G1300, PX PowerTrain, AT, and Aquabold brands to original equipment manufacturers, supermarket chains, cold storage facilities, refrigeration system installers, and other industrial users; aftermarket customers consisting of desalination plant owners and operators; and project developers, end-users, and industry consultants, as well as engineering, procurement, and construction firms. Energy Recovery, Inc. was incorporated in 1992 and is headquartered in San Leandro, California.
What sector is Energy Recovery in?
Energy Recovery is in the Industrials sector
What industry is Energy Recovery in?
Energy Recovery is in the Pollution & Treatment Controls industry
What country is Energy Recovery from?
Energy Recovery is headquartered in United States
When did Energy Recovery go public?
Energy Recovery initial public offering (IPO) was on 02 July 2008
What is Energy Recovery website?
https://www.energyrecovery.com
Is Energy Recovery in the S&P 500?
No, Energy Recovery is not included in the S&P 500 index
Is Energy Recovery in the NASDAQ 100?
No, Energy Recovery is not included in the NASDAQ 100 index
Is Energy Recovery in the Dow Jones?
No, Energy Recovery is not included in the Dow Jones index
When was Energy Recovery the previous earnings report?
No data
When does Energy Recovery earnings report?
The next expected earnings date for Energy Recovery is 21 February 2025