ERII Energy Recovery Inc.

Energy Recovery to Release Fourth Quarter and Full Year 2024 Financial Results and Announces an Investor Webinar

(NASDAQ: ERII or the Company) announced today it will release its financial results for the quarterly period and full year ending December 31, 2024. The Company will host a conference call to discuss the results and related matters on February 26, 2025, after market close.

EARNINGS RELEASE

Wednesday, February 26, 2025 (after market close)

LIVE CONFERENCE CALL

Wednesday, February 26, 2025, 2 p.m. PT / 5 p.m. ET

Listen-only, US / Canada Toll-Free: +1 (877) 709-8150

Listen-only, Local / International: +1 (201) 689-8354

CONFERENCE CALL REPLAY

Expiration: March 26, 2025

US / Canada Toll-Free: +1 (877) 660-6853

Local / International Toll: +1 (201) 612-7415

Access code: 13751124

Investors may also access the live call and replay over the internet via . The replay will be available approximately three hours after the live call concludes.

About Energy Recovery

Energy Recovery is a trusted global leader in energy efficiency technology. Building on our pressure exchanger technology platform, we design and manufacture reliable, high-performance solutions that generate cost savings, increase energy efficiency, and reduce carbon emissions across several industries. With a strong foundation in the desalination industry, Energy Recovery has delivered transformative solutions that increase operational efficiency and environmental sustainability to our customers worldwide for more than 30 years. Headquartered in the San Francisco Bay Area, Energy Recovery has manufacturing and R&D facilities in California, with sales and on-site technical support available globally.

EN
29/01/2025

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Reports on Energy Recovery Inc.

Energy Recovery Inc: 1 director

A director at Energy Recovery Inc sold 50,000 shares at 16.339USD and the significance rating of the trade was 69/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years cle...

 PRESS RELEASE

Energy Recovery Reports its Fourth Quarter 2024 Financial Results

SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery, Inc. (Nasdaq:ERII) (“Energy Recovery” or the “Company”) today announced its financial results for the fourth quarter and year ended December 31, 2024. Fourth Quarter Highlights Revenue of $67.1 million, an increase of 17% as compared to Q4’2023 and resulting in full-year revenue at the midpoint of guidance. Gross margin of 70.2%, an increase of 110 bps, as compared to Q4’2023, due primarily to benefits from our manufacturing transformation. Operating expenses of $21.5 million, an increase of 13.9%, as compared to Q4’2023, due p...

 PRESS RELEASE

Energy Recovery Announces New Share Repurchase Program

SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery, Inc. (Nasdaq: ERII) today announced its Board of Directors approved a share repurchase program to purchase up to $30 million of the company’s outstanding common stock over the next 12 months, beginning in February 2025. The new program is in addition to a $50 million share repurchase program and completed in Q4 2024. Under the previous program, the company repurchased 3.2 million shares for an average price of $15.39 per share. “With strong confidence in our growth strategy and ability to improve margins while reducing costs, we are ...

 PRESS RELEASE

Energy Recovery Appoints New CTO and VP, Wastewater

SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery, Inc. (Nasdaq: ERII) today announced the appointment of a new Chief Technology Officer and Vice President, Wastewater. Ram Ramanan will become CTO on March 3 following a handover from Farshad Ghasripoor, whose retirement comes after 12 years with the company. Energy Recovery also promoted David Kim-Hak to Vice President, Wastewater, a new role created to capitalize on growth opportunities in municipal and industrial wastewater treatment. “We are charting a path forward that is disciplined and driven by technical, operational, and cultura...

 PRESS RELEASE

Energy Recovery to Release Fourth Quarter and Full Year 2024 Financial...

SAN LEANDRO, Calif.--(BUSINESS WIRE)-- (NASDAQ: ERII or the Company) announced today it will release its financial results for the quarterly period and full year ending December 31, 2024. The Company will host a conference call to discuss the results and related matters on February 26, 2025, after market close. EARNINGS RELEASE Wednesday, February 26, 2025 (after market close) LIVE CONFERENCE CALL Wednesday, February 26, 2025, 2 p.m. PT / 5 p.m. ET Listen-only, US / Canada Toll-Free: +1 (877) 709-8150 Listen-only, Local / International: +1 (201) 689-8354 CONFERENCE CALL REPLAY Expiration...

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