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Energy Recovery: Q1 Earnings Snapshot

Energy Recovery: Q1 Earnings Snapshot

By AP News
Published - May 03, 2023, 05:57 PM ET
Last Updated - Jun 21, 2023, 11:11 PM EDT

SAN LEANDRO, Calif. (AP) — SAN LEANDRO, Calif. (AP) — Energy Recovery Inc. (ERII) on Wednesday reported a loss of $6.3 million in its first quarter.

The San Leandro, California-based company said it had a loss of 11 cents per share. Losses, adjusted for non-recurring costs, came to 8 cents per share.

The maker of energy recovery devices posted revenue of $13.4 million in the period.

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