Energy recovery reports record full year and fourth quarter revenue for 2023

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, 2023. fiscal year 2023 highlights record annual revenue of $128.3 million, which includes a 79% growth in wastewater and represents nine consecutive years of revenue growth. record quarterly revenue of $57.2 million, representing a 35% year-on-year growth with strong performance in energy recovery'.
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