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Stock impact report

Energy Recovery Inc Reports Record Revenue Growth in Q4 and FY 2023 [Yahoo! Finance]

Energy Recovery, Inc. (ERII) 
Last energy recovery, inc. earnings: 4/30 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.energyrecovery.com
Company Research Source: Yahoo! Finance
Net Income : Reported $21.5 million for the year, although down by 11% from the previous year. Gross Margin : Maintained at 67.8%, above the company's guidance. Operating Cash Flow : More than doubled over the year, largely due to improved customer collections and inventory management. Adjusted EBITDA : Reached $31.2 million for the fiscal year. Product Development : The PX Q400 expected to achieve roughly 50% of sales in the megaproject channel. Warning! GuruFocus has detected 5 Warning Sign with ERII. On February 21, 2024, Energy Recovery Inc ( NASDAQ:ERII ) released its 8-K filing , announcing financial results for the fourth quarter and the full year ended December 31, 2023. The company, known for its engineering-driven technology solutions that enhance industrial efficiency and sustainability, operates primarily in the Water segment, with a growing presence in Emerging Technologies and Corporate segments. Energy Recovery Inc's products, including energy recovery devi Show less Read more
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