Energy Recovery to Release First Quarter 2025 Financial Results
- SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (NASDAQ: ERII or the Company) announced today it will release its financial results for the quarterly period ending March 31, 2025. The Company will host a conference call to discuss the results and related matters on May 7, 2025, after market close. EARNINGS RELEASE Wednesday, May 7, 2025 (after market close) LIVE CONFERENCE CALL Wednesday, May 7, 2025, 2 p.m. PT / 5 p.m. ET Listen-only, US / Canada Toll-Free: +1 (888) 645-4404 Listen.
- 04/24/2025
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Energy Recovery Ventilator Market Size Worth $8.12 Billion, Globally, by 2031 Growing at 8.14% CAGR | Exclusive Report by The Insight Partners
- Energy Recovery Ventilator Market research includes key company profiles like Daikin Industries Ltd; Greenheck Fan Corp; Munters Group AB; Nortek Air Solutions, LLC; Fujitsu General Ltd.; LG Electronics Inc.; Johnson Controls International Plc; Carrier Global Corp; and Panasonic Holdings Corp. Energy Recovery Ventilator Market research includes key company profiles like Daikin Industries Ltd; Greenheck Fan Corp; Munters Group AB; Nortek Air Solutions, LLC; Fujitsu General Ltd.; LG Electronics Inc.; Johnson Controls International Plc; Carrier Global Corp; and Panasonic Holdings Corp.
- 04/03/2025
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Wall Street Analysts See a 25.69% Upside in Energy Recovery (ERII): Can the Stock Really Move This High?
- The average of price targets set by Wall Street analysts indicates a potential upside of 25.7% in Energy Recovery (ERII). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
- 03/21/2025
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Zacks Industry Outlook Donaldson, Austry Outlook Donaldson, tmus Filtration Technologies, CECO Environmental and Energy Recovery
- Donaldson, Austry Outlook Donaldson, tmus Filtration Technologies, CECO Environmental and Energy Recovery have been highlighted in this Industry Outlook article.
- 03/05/2025
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Wall Street Analysts Think Energy Recovery (ERII) Could Surge 35.58%: Read This Before Placing a Bet
- The average of price targets set by Wall Street analysts indicates a potential upside of 35.6% in Energy Recovery (ERII). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
- 03/04/2025
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4 Top Stocks to Pick From a Promising Pollution Control Industry
- The Zacks Pollution Control industry has been benefiting from the healthy demand for products, driven by global initiatives to tackle greenhouse gas emissions. DCI, ATMU, CECO and ERII are some notable stocks in the industry.
- 03/04/2025
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Energy Recovery Growth Pipeline Advances Slowly, Warrants A Small Position
- Energy Recovery, Inc. presents an attractive opportunity for a small initial position based on adjusted earnings yield versus growth perspectives and execution risk. ERII met full-year guidance with strong Q4 2024 results, crucial for generating yearly profits, because of the lumpy nature of desalination projects. The company projects moderate growth until 2027, with significant acceleration expected thereafter, driven by desalination, wastewater, and CO2 refrigeration segments.
- 02/28/2025
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Energy Recovery, Inc. (ERII) Q4 2024 Earnings Call Transcript
- Energy Recovery, Inc. (NASDAQ:ERII ) Q4 2024 Earnings Call February 26, 2025 5:00 PM ET Company Participants David Moon - President and Chief Executive Officer Mike Mancini - Chief Financial Officer Conference Call Participants Jeffrey Campbell - Seaport Research Partners Ryan Pfingst - B. Riley Securities Operator Good day, ladies and gentlemen and welcome to Energy Recovery's Fourth Quarter and Full Year 2024 Earnings Call.
- 02/26/2025
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Energy Recovery (ERII) Q4 Earnings Surpass Estimates
- Energy Recovery (ERII) came out with quarterly earnings of $0.50 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.39 per share a year ago.
- 02/26/2025
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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.
- 02/26/2025
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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 announced in November and completed in Q4 2024. Under the previous program, the company repurchased 3.2 million shares for an average price of $15.39 p.
- 02/26/2025
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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.
- 02/26/2025
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Zacks Industry Outlook Donaldson, Environmental, Energy Recovery and Fuel Tech
- Donaldson, Environmental, Energy Recovery and Fuel Tech have been highlighted in this Industry Outlook article.
- 02/12/2025
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4 Pollution Control Stocks to Watch Despite Industry Headwinds
- Despite the high adoption of air pollution control equipment, the growing preference for alternative fuels and the high costs of innovation are limiting the prospects for the Zacks Pollution Control industry. DCI, CECO, ERII and FTEK are four stocks to consider.
- 02/11/2025
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Energy Recovery: Riding Megatrends With Lowered Ambitions
- Energy Recovery leverages population growth, water scarcity, and environmental protection trends, with a strong market position in desalination and emerging opportunities in CO2 refrigeration and wastewater treatment. Despite past overpromises, Energy Recovery's new leadership aims to execute revised targets, focusing on market penetration and product iterations to drive growth. The company boasts a strong balance sheet, with over $100 million in net cash and a significant share repurchase program, enabling growth investments.
- 02/10/2025
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Energy Recovery to Release Fourth Quarter and Full Year 2024 Financial Results and Announces an Investor Webinar
- SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (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.
- 01/29/2025
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USA Rare Earth Appoints Joshua Ballard as Chief Executive Officer
- NEW YORK, Dec. 17, 2024 (GLOBE NEWSWIRE) -- USA Rare Earth, LLC (“USARE” or the “Company”), announced today that Joshua Ballard has been named Chief Executive Officer effective December 17, 2024. USARE's mission is to establish a vertically integrated, domestic rare earth magnet supply chain that includes heavy rare earth elements and other critical minerals, such as gallium. USARE is developing a NdFeB magnet manufacturing plant in the United States, and establishing domestic rare earth elements and critical minerals supply, extraction, and processing capabilities to both supply its magnet manufacturing plant and market surplus materials to third-parties.
- 12/17/2024
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Energy Recovery Wins “Breakthrough Innovation Award” at IDRA World Congress
- ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--At the 2024 IDRA World Congress show this week, Energy Recovery, Inc. (Nasdaq: ERII) was honored with The Breakthrough Innovation Award for Most Innovative Company in Desalination Technology. The award, announced at the IDRA World Congress Gala Dinner, “recognizes the pioneering efforts and transformative impact of a company, utility, or agency at the forefront of desalination technology.” Energy Recovery has been the trusted gold standard in en.
- 12/16/2024
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Energy Recovery Announces Share Repurchase Program
- 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 $50 million of the company's outstanding common stock over the next 12 months, beginning in November 2024. “With our strategic plan, or Playbook, complete we now have a clear picture of the capital required to fund our growth,” said Energy Recovery's President and CEO David Moon. “As such, we are happy to return a large port.
- 11/18/2024
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Energy Recovery Ventilator Market Size to Reach US$ 10.73 Billion by 2032, Driven by Increasing Awareness of Indoor Air Quality & The Need for Energy-Efficient Ventilation Solutions | Research by 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. 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.
- 11/13/2024
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Energy Recovery Delivered In Q3 But Faces A Challenging Q4, Still A Hold
- 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.
- 10/31/2024
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Energy Recovery, Inc. (ERII) Q3 2024 Earnings Call Transcript
- 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.
- 10/31/2024
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Energy Recovery (ERII) Q3 Earnings and Revenues Surpass Estimates
- 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.
- 10/30/2024
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Energy Recovery Reports its Third 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 third quarter and nine months ended September 30, 2024. Third Quarter Highlights Revenue of $38.6 million, reaching the upper end of our guidance of $35 - $39 million. Gross margin of 65.1%, a decrease of 480 bps, as compared to Q3'2023, due primarily to higher manufacturing costs and higher costs related to product mix. Operating expenses.
- 10/30/2024
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Energy Recovery Showcases Exceptional Performance of PX G1300 in Commercial CO2 Refrigeration Installations
- SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq: ERII) today announced new performance data for the PX G1300® pressure exchanger. The findings demonstrate its successful integration into several existing CO2 refrigeration systems to reduce energy consumption and increase cooling capacity and system stability. CO2 refrigeration is a leading replacement for harmful hydrofluorocarbon (HFC) systems because it is non-toxic, non-flammable, and has a low global warming potential th.
- 10/28/2024
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Join Energy Recovery's Live Investor Webinar and Q&A Session on November 18, 2024
- SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (NASDAQ: ERII) (Energy Recovery or the Company) will host an investor webinar to present its strategic vision with senior management on November 18th, 2024 from 10 a.m. to about noon Eastern Time. This special event will include presentations by CEO, David Moon, CFO Mike Mancini, Sr. VP of Water, Rodney Clemente, and VP of CO2, Ricardo Freitas. Management's presentations will be followed by a live Q&A session for analysts and inves.
- 10/21/2024
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Energy Recovery Awarded More Than $12 Million in Desalination Contracts in the United Arab Emirates
- SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery (NASDAQ: ERII) today announced contract awards totaling over $12 million for its PX® Pressure Exchanger® (PX) energy recovery devices for three seawater reverse osmosis (SWRO) desalination projects in the United Arab Emirates. The plants include capacity totaling close to 1 million cubic meters per day, and the orders are expected to ship by Q4 2024. These contracts have previously been reported in the company's financial guidance. One of th.
- 10/17/2024
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Energy Recovery Ventilators Market Projected to Hit USD 9.8 billion at a 14.3% CAGR by 2031 - Transparency Market Research Inc.
- Wilmington, Delaware, United States, Transparency Market Research Inc. - Wilmington, Delaware, United States, Transparency Market Research Inc. -
- 10/11/2024
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Energy Recovery to Release Third Quarter 2024 Financial Results and Announces an Investor Webinar
- SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc.(NASDAQ: ERII or the Company) announced today it will release its financial results for the quarterly period ending September 30, 2024, and will host a conference call to discuss the results and related matters on October 30, 2024, after market close. In addition, the Company announced it will host an investor webinar to present its strategic vision with senior management on November 18th, 2024. EARNINGS RELEASE Wednesday, October 30, 2.
- 10/07/2024
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Energy Recovery, Inc. (ERII) Q2 2024 Earnings Call Transcript
- Energy Recovery, Inc. (NASDAQ:ERII ) Q2 2024 Earnings Conference Call July 31, 2024 5:00 PM ET Company Participants James Siccardi - VP, Investor Relations David Moon - President & CEO Conference Call Participants Pavel Molchanov - Raymond James Ryan Pfingst - B. Riley Securities Jason Bandel - Evercore ISI Operator Greetings, and welcome to the Energy Recovery 2Q '24 Earnings Call.
- 07/31/2024
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Energy Recovery (ERII) Q2 Earnings and Revenues Top Estimates
- Energy Recovery (ERII) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. This compares to break-even earnings per share a year ago.
- 07/31/2024
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Energy Recovery Announces Appointments of CO2 Refrigeration Leader and Chief Human Resources Officer
- SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq: ERII) today announced key hires in support of the company's growth strategy with the appointment of Ricardo Freitas as Vice President and General Manager of the company's CO2 refrigeration business and Matt Hostetler as Chief Human Resources Officer (CHRO). “Energy Recovery is entering a new phase, and optimizing our product, processes, and talent is critical to fueling our future growth plans,” said David Moon, Energy Recover.
- 05/30/2024
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Energy Recovery ($ERII) Signs Deal to Supply Desalination Technology to Communities in India
- Energy Recovery (NASDAQ: ERII), a company that specializes in commercial and industrial fluid-flow markets, has announced contracts worth $15 million for supplying its PX Pressure Exchanger energy recovery devices to desalination plants in India. These contracts, slated for shipment in 2024, will collectively contribute to producing more than 670,000 cubic meters of clean drinking water daily for Indian communities.
- 05/09/2024
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Energy Recovery, Inc. (ERII) Q1 2024 Earnings Call Transcript
- Energy Recovery, Inc. (NASDAQ:ERII ) Q1 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants James Siccardi - Vice President of Investor Relations David Moon - President & Chief Executive Officer Joshua Ballard - Chief Financial Officer Conference Call Participants Pavel Molchanov - Raymond James Ryan Pfingst - B. Riley Securities Operator Greetings and welcome to the Energy Recovery First Quarter 2024 Earnings Call.
- 05/01/2024
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Energy Recovery (ERII) Reports Q1 Loss, Lags Revenue Estimates
- Energy Recovery (ERII) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.08 per share a year ago.
- 05/01/2024
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Energy Recovery Reports its First 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 first quarter ended March 31, 2024. First Quarter Highlights Revenue of $12.1 million, which is in-line with our February 2024 guidance. Gross margin of 59.0%, a decrease of 190 bps, as compared to Q1'2023, due primarily to higher manufacturing costs and an increase in inventory scrap. Operating expenses of $18.1 million, an increase of 11%.
- 05/01/2024
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374Water Appoints Chris Gannon as New CEO to Spearhead Scaling of its Revolutionary Waste and Water Treatment Technology
- DURHAM, NC / ACCESSWIRE / April 23, 2024 / 374Water Inc. (Nasdaq:SCWO), a global leader in cutting-edge, sustainable waste management technologies, today announced the appointment of Chris Gannon as its new President and Chief Executive Officer (CEO), effective immediately. Gannon brings a broad array of executive leadership experience in multiple disciplines and industries, including environmental technology development, highly engineered product, advanced manufacturing, and global customer support and service with customers in the municipal, industrial, commercial, defense, and medical spaces.
- 04/23/2024
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Energy Recovery to Release First Quarter 2024 Financial Results
- SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc.(NASDAQ: ERII) today announced it will release its financial results for the quarterly period ending March 31, 2024, and will host a conference call to discuss the results and related matters on May 1, 2024 after market close. EARNINGS RELEASE Wednesday, May 1, 2024 (after market close) LIVE CONFERENCE CALL Wednesday, May 1, 2024, 2 p.m. PT / 5 p.m. ET Listen-only, US / Canada Toll-Free: +1 (877) 709-8150 Listen-only, Local / Internatio.
- 04/03/2024
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Energy Recovery, Inc. (ERII) Q4 2023 Earnings Call Transcript
- Energy Recovery, Inc. (ERII) Q4 2023 Earnings Call Transcript
- 02/21/2024
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Energy Recovery Announces CFO Transition
- SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq: ERII), a trusted global leader in energy efficiency technology, today announced Joshua Ballard has made the decision to step down from his position as Chief Financial Officer at the end of June 2024. A search to identify Energy Recovery's next CFO is underway with the executive search firm Korn Ferry. “I want to thank Josh for his tremendous leadership and contributions to the success of Energy Recovery. He is leaving a strong.
- 02/21/2024
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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'.
- 02/21/2024
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Energy Recovery Announces $28 Million in Desalination Contracts for Flagship PX Q400 Energy Recovery Device
- SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq: ERII) today announced the award of contracts totaling over $28 million to supply its newest top-of-the-line PX® Pressure Exchanger® energy recovery device (ERD), the PX Q400, to mega desalination projects in the Gulf region. These facilities will produce nearly 1.5 million cubic meters of water for municipal use in the Gulf, a significantly water-stressed region, and the awards demonstrate confidence in Energy Recovery's lates.
- 02/13/2024
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Energy Recovery to Release Full Year and Fourth Quarter 2023 Financial Results
- SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (NASDAQ: ERII) today announced it will release its financial results for the year and quarterly period ending December 31, 2023, and will host a conference call to discuss the results and related matters on February 21, 2024 after market close. EARNINGS RELEASE Wednesday, February 21, 2024 (after market close) LIVE CONFERENCE CALL Wednesday, February 21, 2024, 2 p.m. PT / 5 p.m. ET Listen-only, US / Canada Toll-Free: +1 (877) 709-8150.
- 01/24/2024
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Energy Recovery Appoints David Moon as President and CEO
- SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq: ERII), a trusted global leader in energy efficiency technology, today announced David Moon has been named President and Chief Executive Officer of the Company. Mr. Moon has served as interim President and CEO since October 2023 and will continue serving on the Board of Directors. “David is the right leader to drive our long-term growth,” said Board Chair Pamela Tondreau. “The Board conducted a comprehensive search and has unan.
- 01/22/2024
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Energy Recovery: Most Important Takeaways From The Q3 Call
- Energy Recovery (ERII) dominates the global industrial desalination industry, having a 90% global market share. ERII is now trying to copy its technology into a new global segment - industrial air-conditioning and refrigeration. Due to Kigali protocol, all greenhouse gas industrial air-conditioning and refrigeration systems need to be replaced with CO2 systems.
- 11/03/2023
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Energy Recovery Announces Leadership Transition
- SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq: ERII) today announced Mr. David Moon, a current member of the Energy Recovery Board of Directors, has been appointed interim Chief Executive Officer, effective immediately. Mr. Bob Mao will remain a member of the Board, and Ms. Pamela Tondreau, current Lead Independent Director, has been elected as the new Chairperson of the Board. A comprehensive search process to identify a permanent President and Chief Executive Officer, wh.
- 10/24/2023
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Energy Recovery Awarded Desalination Contracts in Algeria Totaling $28 Million
- SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (NASDAQ: ERII) today announced several contracts to supply the PX® Pressure Exchanger® (“PX”) to desalination projects in Algeria totaling over $28 million. Desalination plays a large role in Algeria's strategy to combat water scarcity. Desalination provides 17% of Algeria's water, and the country has prioritized increasing desalination's share to 50% of the water supply by 2030, in response to climate change and a severe drought in 20.
- 10/18/2023
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Energy Recovery to Release Third Quarter 2023 Financial Results
- SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (NASDAQ: ERII) today announced it will release its financial results for the quarterly period ending September 30, 2023, and will host a conference call to discuss quarterly results and related matters on November 1, 2023 after market close. EARNINGS RELEASE Wednesday, November 1, 2023 (after market close) LIVE CONFERENCE CALL Wednesday, November 1, 2023, 2 p.m. PT / 5 p.m. ET Listen-only, US / Canada Toll-Free: +1 (877) 709-8150 Liste.
- 10/02/2023
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Energy Recovery and Epta Win Refrigeration Innovation of the Year at RAC Cooling Industry Awards 2023
- SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery (NASDAQ: ERII) and Epta Group (Epta) were together awarded Refrigeration Innovation of the Year for the XTE (Extra Transcritical Efficiency), Epta's next-generation commercial CO2 refrigeration system. The award for Refrigeration Innovation of the Year recognizes systems, products, or processes that utilize new technology to provide definitive innovations to refrigeration. The innovative and patent pending XTE solution utilizes the energy sa.
- 09/22/2023
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Energy Recovery Establishes Corporate Emissions Reduction Target; Surpasses $5.9 Billion in Energy Savings for Customers According to Latest Sustainability Report
- SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (NASDAQ: ERII), a trusted global leader in energy efficiency technology, today released its fourth annual Sustainability Report, underscoring the strong connection between the company's business goals and its sustainability efforts. Energy Recovery has set its first corporate emissions reduction target, committing to reduce its emissions in relation to revenue by 65% by 2026 from a 2021 baseline. “Energy Recovery's role in helping our.
- 09/12/2023
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Energy Recovery, Inc. (ERII) Q2 2023 Earnings Call Transcript
- Energy Recovery, Inc. (NASDAQ:ERII ) Q2 2023 Earnings Conference Call August 2, 2023 5:00 PM ET Company Participants James Siccardi – Vice President of Investor Relations Bob Mao – Chairman, President and Chief Executive Officer Joshua Ballard – Chief Financial Officer Conference Call Participants Ryan Pfingst – B. Riley Securities Pavel Molchanov – Raymond James Operator Greetings, and welcome to the Energy Recovery Second Quarter 2023 Earnings Conference Call.
- 08/02/2023
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Energy Recovery (ERII) Reports Break-Even Earnings for Q2
- Energy Recovery (ERII) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.02. This compares to break-even earnings per share a year ago.
- 08/02/2023
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What Makes Energy Recovery (ERII) a Strong Momentum Stock: Buy Now?
- Does Energy Recovery (ERII) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 04/24/2023
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Energy Recovery Generates Soaring Profits On Environmental Expertise; Growth Stock Acts Well
- The company specializes in the production of water desalination devices, wastewater treatment systems and CO2 reduction systems used in refrigeration. The post Energy Recovery Generates Soaring Profits On Environmental Expertise; Growth Stock Acts Well appeared first on Investor's Business Daily.
- 03/09/2023
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New Strong Buy Stocks for February 23rd (Revised)
- TT, HSIC, SONY, LYV and ERII have been added to the Zacks Rank #1 (Strong Buy) List on February 23, 2023
- 03/01/2023
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New Strong Buy Stocks for February 23rd
- TT, HSIC, SONY, LYV and ERII have been added to the Zacks Rank #1 (Strong Buy) List on February 23, 2023.
- 02/23/2023
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Energy Recovery, Inc. (ERII) Q4 2022 Earnings Call Transcript
- Energy Recovery, Inc. (NASDAQ:ERII ) Q4 2022 Earnings Conference Call February 23, 2023 5:00 PM ET Company Participants Jim Siccardi - Vice President of Investor Relations Bob Mao - Chairman, President & Chief Executive Officer Joshua Ballard - Chief Financial Officer Conference Call Participants Graham Price - Raymond James Nils Thommesen - Fearnley Securities Ryan Pfingst - B. Riley Securities Wally Walker - Hana Road Capital Operator Greetings, and welcome to Energy Recovery Fourth Quarter and Full year 2022 Conference Call.
- 02/22/2023
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Energy Recovery (ERII) Beats Q4 Earnings and Revenue Estimates
- Energy Recovery (ERII) delivered earnings and revenue surprises of 52.94% and 3.29%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/22/2023
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7 Overlooked Stocks That Could be the Next Big Thing
- While the equities sector still trends in a recovery mode from last year's fallout, investors may want to spare some speculation funds toward overlooked stocks to buy. These enterprises might not get a great read from Wall Street – if analysts even know they exist.
- 02/16/2023
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California Drought Puts A Spotlight On This $7.5 Billion Acquisition
- Xylem announced it's acquiring Evoqua for $7.5 billion in an all-stock deal amid the worst U.S. drought in a millennium. The post California Drought Puts A Spotlight On This $7.5 Billion Acquisition appeared first on Investor's Business Daily.
- 01/23/2023
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Energy Recovery to Host Full Year and Fourth Quarter 2022 Financial Results Conference Call on February 22, 2023
- SAN LEANDRO, CA / ACCESSWIRE / January 23, 2023 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the year and quarterly period ending December 31, 2022, and host a conference call to discuss the results and related matters on Wednesday, February 22, 2023 after market close. EARNINGS RELEASE Wednesday, February 22, 2023 (after market close) LIVE CONFERENCE CALL Wednesday, February 22, 2023, 2 p.m.
- 01/23/2023
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Energy Recovery, Inc. (ERII) Q3 2022 Earnings Call Transcript
- Energy Recovery, Inc. (NASDAQ:ERII ) Q3 2022 Earnings Conference Call November 2, 2022 5:00 PM ET Company Participants Jim Siccardi - Vice President of Investor Relations Bob Mao - Chairman, President & Chief Executive Officer Joshua Ballard - Chief Financial Officer Conference Call Participants Pavel Molchanov - Raymond James Operator Greetings, ladies and gentlemen, and welcome to Energy Recovery Third Quarter of 2022 Conference Call. At this time, all participants are in listen-only mode.
- 11/02/2022
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Energy Recovery (ERII) Q3 Earnings Match Estimates
- Energy Recovery (ERII) delivered earnings and revenue surprises of 0% and 10.41%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 11/02/2022
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Energy Recovery: Global Warming, ESG And Salt-Water Reverse Osmosis
- Energy Recovery specializes in making devices used to recover what otherwise would be lost energy during the salt-water reverse osmosis ("SWRO") process. Global warming, as well as population growth and pollution, is requiring many governments to find new sources of potable water. One obvious source is the ocean (through SWRO).
- 10/27/2022
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Energy Recovery to Host Third Quarter 2022 Financial Results Conference Call on November 2, 2022
- SAN LEANDRO, CA / ACCESSWIRE / October 4, 2022 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ending September 30, 2022, and host a conference call to discuss the quarterly results and related matters on November 2, 2022 after market close. EARNINGS RELEASEWednesday, November 2, 2022 (after market close) LIVE CONFERENCE CALLWednesday, November 2, 2022, 2 p.m.
- 10/04/2022
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Will Energy Recovery (ERII) Gain on Rising Earnings Estimates?
- Energy Recovery (ERII) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 08/26/2022
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4 Top Stocks From the Thriving Pollution Control Industry
- Strong demand for emission-abatement products, owing to growing industrialization, bodes well for the Zacks Pollution Control industry's near-term performance. CWST, ERII, HCCI and CECE are poised to make the most of the favorable demand trends.
- 08/25/2022
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Here's Why Energy Recovery (ERII) is a Great Momentum Stock to Buy
- Does Energy Recovery (ERII) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 08/09/2022
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What Makes Energy Recovery (ERII) a New Buy Stock
- Energy Recovery (ERII) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
- 08/08/2022
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ERII: Investors Cheer IRA Bill And VorTeq's Exit
- Finally, more than six years after the deal with Schlumberger was signed, Energy Recovery has pulled the plug on its ill-fated VorTeq commercialization effort. This is great news for ERII shareholders. The company can now focus on its core bread-n-butter: The global salt water reverse osmosis ("SWRO") market.
- 08/08/2022
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Energy Recovery, Inc.'s (ERII) CEO Bob Mao on Q2 2022 Results - Earnings Call Transcript
- Energy Recovery, Inc. (NASDAQ:ERII ) Q2 2022 Earnings Conference Call August 3, 2022 5:00 PM ET Company Participants James Siccardi - Vice President, Investor Relations Bob Mao - Chairman, President and CEO Joshua Ballard - Chief Financial Officer Conference Call Participants Neil Thompsons - Family Securities Wally Walker - Hana Road Capital Operator Greetings. And welcome to Energy Recovery Second Quarter 2022 Conference Call.
- 08/03/2022
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Energy Recovery Announces Second Quarter 2022 Financial Results Conference Call
- SAN LEANDRO, CA / ACCESSWIRE / July 11, 2022 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ending June 30, 2022, and host a conference call to discuss the quarter results and related matters on August 3, 2022 after market close. EARNINGS RELEASE Wednesday, August 3, 2022 (after market close) LIVE CONFERENCE CALL Wednesday, August 3, 2022, 2 p.m.
- 07/11/2022
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Energy Recovery: A Novel Solution But At An Unreasonable Price
- Energy Recovery is a fascinating company that has built itself around a unique type of product. This technology should make the world healthier in a lot of ways, but that doesn't make it a great investment.
- 06/19/2022
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Has Energy Recovery (ERII) Outpaced Other Industrial Products Stocks This Year?
- Here is how Energy Recovery (ERII) and Mitsui & Co. (MITSY) have performed compared to their sector so far this year.
- 06/07/2022
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Energy Recovery, Inc. (ERII) CEO Bob Mao on Q1 2022 Results - Earnings Call Transcript
- Energy Recovery, Inc. (NASDAQ:ERII ) Q1 2022 Results Conference Call May 4, 2022 5:00 PM ET Company Participants James Siccardi - VP, IR Bob Mao - Chairman, President and CEO Joshua Ballard - CFO Conference Call Participants Pavel Molchanov - Raymond James Ray Deacon - Petro Lotus Wally Walker - Hana Road Operator Greetings and welcome to Energy Recovery First Quarter 2022 Conference Call. At this time, all participants are in a listen-only mode.
- 05/04/2022
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Energy Recovery (ERII) Tops Q1 Earnings and Revenue Estimates
- Energy Recovery (ERII) delivered earnings and revenue surprises of 220% and 25.18%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 05/04/2022
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4 Pollution Control Stocks to Watch Amid Industry Challenges
- Despite the high adoption of air pollution control equipment and pollution-related health concerns, rising preference for alternative fuels and high innovation costs restrict the Zacks Pollution Control industry's prospects. TTEK, DCI, ERII and HCCI are four stocks to consider.
- 04/22/2022
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ERII: Because There Is A Global Water Crisis
- ERII: Because There Is A Global Water Crisis
- 04/08/2022
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Energy Recovery to Host First Quarter 2022 Financial Results Conference Call on May 4, 2022
- SAN LEANDRO, CA / ACCESSWIRE / April 8, 2022 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ending March 31, 2022, on May 4, 2022 after market close. The Company will host a conference call to discuss first quarter results and related matters on Wednesday, May 4, 2022 at 2:00 PM PT / 5:00 PM ET.
- 04/08/2022
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Energy Recovery, Inc. (ERII) CEO Bob Mao on Q4 2021 Results - Earnings Call Transcript
- Energy Recovery, Inc. (ERII) CEO Bob Mao on Q4 2021 Results - Earnings Call Transcript
- 02/24/2022
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Energy Recovery Secures $25M In Contracts With SWRO Plants In Saudi Arabia
- Energy Recovery, Inc. (NASDAQ: ERII) has received contract awards totaling ~$25 million for its PX Pressure Exchanger energy recovery devices for desalination plants in the Kingdom of Saudi Arabia. The contract includes several of the company's PX PowerTrain solutions that simplify the integration of PX devices in a facility.
- 01/19/2022
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Will Energy Recovery (ERII) Gain on Rising Earnings Estimates?
- Energy Recovery (ERII) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 11/18/2021
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Energy Recovery, Inc. (ERII) CEO Bob Mao on Q3 2021 Results - Earnings Call Transcript
- Energy Recovery, Inc. (ERII) CEO Bob Mao on Q3 2021 Results - Earnings Call Transcript
- 11/07/2021
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Energy Recovery (ERII) to Post Q3 Earnings: What's in Store?
- Energy Recovery's (ERII) Q3 earnings are likely to have gained from strength in its businesses, solid operational productivity and liquidity position. High cost & expenses might have been a spoilsport.
- 11/02/2021
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Energy Recovery's Ultra PX(TM) to Support Greater Sustainability in Battery Manufacturing
- SAN LEANDRO, CA / ACCESSWIRE / October 14, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced an award to supply its Ultra PX™ energy recovery devices to support industrial wastewater treatment operations at a lithium-ion battery manufacturing facility in China. As the world continues to rely more on intermittent renewable electric generation and to electrify more industries such as transportation, the demand for energy storage technologies is growing in tandem.
- 10/14/2021
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Energy Recovery Hosts ESG-Focused Webinar with Company Leaders
- SAN LEANDRO, CA / ACCESSWIRE / September 28, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) tomorrow will host an ESG-focused webinar, "Charting Sustainable Growth with ESG Principles," in which company leaders will review highlights of the company's ESG program and how ESG is linked to driving long-term, sustainable growth for Energy Recovery and its stakeholders. The webinar will take place on Wednesday, September 29 at 9:00 AM ET/1:00 PM UTC.
- 09/28/2021
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Energy Recovery to Host Third Quarter 2021 Financial Results Conference Call on November 4, 2021
- SAN LEANDRO, CA / ACCESSWIRE / September 14, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ending September 30, 2021, on November 4, 2021 after market close. The Company will also host a conference call to discuss the third quarter financial results and related matters on Thursday, November 4, 2021 at 2:00 PM PT / 5:00 PM ET.
- 09/14/2021
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Energy Recovery Publishes Second Annual Environmental, Social and Governance Report; Announces ESG Webinar with Company Leaders
- SAN LEANDRO, CA / ACCESSWIRE / September 1, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced the release of its second annual Environmental, Social and Governance (ESG) Report. The report details the company's ongoing efforts to drive industrial sustainability, incorporate sustainability principles throughout its products and practices, and invest in its people to support its growth strategy.
- 09/01/2021
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Energy Recovery (ERII) Sees Hammer Chart Pattern: Time to Buy?
- Energy Recovery (ERII) has been struggling lately, but the selling pressure may be coming to an end soon.
- 08/31/2021
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4 Pollution Control Stocks With Solid Earnings Growth Potential
- Increased adoption of air pollution control equipment and services and environmental management programs are driving the pollution control industry. DCI, TTEK, ERII & HCCI are the likely winners from the industry.
- 08/09/2021
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Energy Recovery (ERII) Q2 Earnings and Revenues Surpass Estimates
- Energy Recovery (ERII) delivered earnings and revenue surprises of 300.00% and 4.08%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
- 08/05/2021
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Energy Recovery Posts Strong Quarterly Product Revenue Growth in Second Quarter
- SAN LEANDRO, CA / ACCESSWIRE / August 5, 2021 / Energy Recovery, Inc. (Nasdaq: ERII) today announced its financial results for the second quarter ended June 30, 2021, achieving seven percent growth in product revenue, compared to the second quarter of 2020. "Our desalination business continues to thrive, driven in part by returning demand in segments and regions hard-hit by COVID-19," said Robert Mao, Chairman of the Board, President and Chief Executive Officer of Energy Recovery.
- 08/05/2021
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Energy Recovery Wins Additional Awards to Boost Sustainability of Chinese Industrial Wastewater Treatment Facilities
- SAN LEANDRO, CA / ACCESSWIRE / August 3, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced new awards to support the industrial wastewater treatment operations of lithium-ion battery manufacturing, chemical manufacturing and landfill leachate facilities in China. All three facilities will purchase Energy Recovery's Ultra PX™ energy recovery devices (ERD), while the lithium-ion battery facility will also purchase PX® Pressure Exchanger® (PX) ERDs.
- 08/03/2021
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Energy Recovery Bags Project Awards Worth $6M In Asia
- Energy Recovery, Inc. (NASDAQ: ERII) has received contract awards totaling over $6 million for its PX Pressure Exchanger (PX) energy recovery devices, and related equipment and services to multiple seawaters reverse osmosis desalination facilities in Asia. Energy Recovery estimates that the PXs supplied to these facilities will prevent more than 126,000 metric tons of carbon dioxide emissions per year.
- 07/22/2021
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Energy Recovery Announces Project Awards in Asia Totaling Over $6 Million
- SAN LEANDRO, CA / ACCESSWIRE / July 22, 2021 / Energy Recovery (NASDAQ:ERII) today announced contract awards totaling over $6 million for its PX® Pressure Exchanger® (PX) energy recovery devices and related equipment and services to multiple seawater reverse osmosis (SWRO) desalination facilities in Asia. These orders are currently shipping to customers and are scheduled to be fulfilled by the end of Q3 2021.
- 07/22/2021
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Climate Change Stock to Consider Buying: Energy Recovery
- This desalination stock has a long runway for growth in this era of megadroughts and water scarcity.
- 06/27/2021
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Energy Recovery Announces 2021 Annual Meeting of Stockholders
- SAN LEANDRO, CA / ACCESSWIRE / May 27, 2021 / Energy Recovery (NASDAQ:ERII) today announced that its 2021 Annual Meeting of Stockholders ("Annual Meeting") will take place on Thursday, June 10, 2021, at 10:00 a.m. PDT/1:00 p.m.
- 05/27/2021
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Energy Recovery's Inaugural ESG Report Shortlisted for CRRA's Best 1st Time Sustainability Report
- SAN LEANDRO, CA / ACCESSWIRE / May 13, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced its inaugural Environmental, Social and Governance ("ESG") report has been shortlisted for Best 1st Time Sustainability Report by the Corporate Register Reporting Awards (CRRA) along with eight other corporations across the globe. Published in September 2020, the report details Energy Recovery's multi-pronged approach to enhancing sustainability and its ESG performance.
- 05/13/2021
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Energy Recovery: CO2-Based Refrigeration Opens Up A Whole New Market
- Energy Recovery's new PX-G1300 product for commercial and industrial CO2 refrigeration opens up a whole new market space. Countries around the world are signing up to reduce HFC green house gas emissions from refrigeration units.
- 05/11/2021
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Energy Recovery, Inc. (ERII) CEO Bob Mao on Q1 2021 Results - Earnings Call Transcript
- Energy Recovery, Inc. (ERII) CEO Bob Mao on Q1 2021 Results - Earnings Call Transcript
- 05/07/2021
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Energy Recovery (ERII) Surges 14.4%: Is This an Indication of Further Gains?
- Energy Recovery (ERII) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
- 04/22/2021
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Energy Recovery to Host First Quarter 2021 Financial Results Conference Call on May 6, 2021
- SAN LEANDRO, CA / ACCESSWIRE / April 15, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ended March 31, 2021, on May 6, 2021 after market close. The Company will also hold a conference call to discuss the first quarter financial results on Thursday, May 6, 2021 at 2:00 PM PDT / 5:00 PM EDT.
- 04/15/2021
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First Trust Water ETF: Because The World Is Running Out Of Potable Water
- First Trust Water ETF: Because The World Is Running Out Of Potable Water
- 04/02/2021
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Energy Recovery Announces Project Awards in the United Arab Emirates Totaling $11.7 Million
- SAN LEANDRO, CA / ACCESSWIRE / March 18, 2021 / Energy Recovery (NASDAQ:ERII) today announced contract awards totaling $11.7 million to provide its flagship PX® Pressure Exchanger® ("PX") energy recovery devices and related equipment and services to multiple seawater reverse osmosis ("SWRO") desalination facilities in the United Arab Emirates ("UAE"). These orders are currently shipping to customers and are scheduled to be fulfilled by Q2 2021.
- 03/18/2021
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Energy Recovery, Inc. (ERII) CEO Bob Mao on Q4 2020 Results - Earnings Call Transcript
- Energy Recovery, Inc. (ERII) CEO Bob Mao on Q4 2020 Results - Earnings Call Transcript
- 03/11/2021
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Energy Recovery (ERII) Q4 Earnings and Revenues Beat Estimates
- Energy Recovery (ERII) delivered earnings and revenue surprises of 20.00% and 5.20%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
- 03/11/2021
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Energy Recovery Reports Product Revenue Growth of 26% for Fiscal Year 2020
- $50 Million Share Buyback Program Announced SAN LEANDRO, CA / ACCESSWIRE / March 11, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced its financial results for the fourth quarter and fiscal year ended December 31, 2020. The Company achieved 26% product revenue growth for the fiscal year 2020 across all business segments, which includes a 27% year-over-year growth in our core seawater desalination business.
- 03/11/2021
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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of Energy Recovery, Inc. - ERII
- New York, New York--(Newsfile Corp. - March 5, 2021) - Levi & Korsinsky announces it has commenced an investigation of Energy Recovery, Inc. (NASDAQ: ERII) concerning possible breaches of fiduciary duty. To obtain additional information, go to:https://www.zlk.com/tag-along/energy-recovery-inc-information-request-formor contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.
- 03/05/2021
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Energy Recovery to Host Fourth Quarter and Fiscal Year 2020 Financial Results Conference Call on March 11, 2021
- SAN LEANDRO, CA / ACCESSWIRE / January 15, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ended December 31, 2020 on Thursday, March 11, 2021 after market close. The Company will also hold a conference call to discuss the fourth quarter and year end 2020 financial results on Thursday, March 11, 2021 at 2:00 PM PST / 5:00 PM EST.
- 01/15/2021
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Energy Recovery, Inc. (ERII) CEO Bob Mao on Q3 2020 Results - Earnings Call Transcript
- Energy Recovery, Inc. (ERII) CEO Bob Mao on Q3 2020 Results - Earnings Call Transcript
- 10/29/2020
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Energy Recovery (ERII) Q3 Earnings and Revenues Beat Estimates
- Energy Recovery (ERII) delivered earnings and revenue surprises of 233.33% and 13.63%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
- 10/29/2020
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A New Path For Energy Recovery?
- After many years of over-promising and under-delivering, it seems like 2020 has potentially brought with it a new path for the company. New CEO, Mr. Bob Mao, brings with him a more direct, candid and straight-forward approach to shareholders, a new plan for VerTeq and a new product introduction process.
- 10/28/2020
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ERII: It's All About The Global Desalination Business
- It was good news that Energy Recovery finally exited the long-running and ultimately failed exclusive licensing deal with Schlumberger.
- 08/30/2020
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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Energy Recovery, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of September 21, 2020 - ERII
- New York, New York--(Newsfile Corp. - August 19, 2020) - The following statement is being issued by Levi & Korsinsky, LLP:To: All persons or entities who purchased or otherwise acquired securities of Energy Recovery, Inc. ("Energy Recovery") (NASDAQ: ERII) between August 2, 2017 and June 29, 2020. You are hereby notified that a securities class action lawsuit has been commenced in the the United States District Court for the Southern District of New ...
- 08/19/2020
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Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Energy Recovery, Wins Finance, Guidewire Software, and Intel and Encourages Investors to Contact the Firm
- NEW YORK, Aug. 19, 2020 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Energy Recovery, Inc. (NASDAQ: ERII), Wins Finance Holdings, Inc. (NASDAQ: WINS), Guidewire Software, Inc. (NYSE: GWRE), and Intel Corporation (NASDAQ: INTC). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided. Energy Recovery, Inc. (NASDAQ: ERII) Class Period: August 2, 2017 to June 29, 2020Lead Plaintiff Deadline: September 21, 2020On October 19, 2015, the Company announced that it has signed a fifteen-year deal with Schlumberger Technology Corp. (“Schlumberger”), which gave Schlumberger the exclusive right to the use of the Company’s VorTeq technology (the “Schlumberger Licensing Agreement”). Under the terms of the Schlumberger Licensing Agreement, Schlumberger paid $75 million exclusivity fee and was to pay an additional $50 million milestone payments in 2016. The terms also dictated that Schlumberger would pay continuing annual royalties for the duration of the license agreement, subject to the satisfaction of certain key performance indicators.On June 29, 2020 — not even five years into the Schlumberger License Agreement — the Company issued a press release, announcing the termination of the licensing agreement with Schlumberger, citing to “different strategic perspectives as to the path to VorTeq commercialization.” The Company further announced that following the termination, “no further payments will be made by either party” and that “Energy Recovery will now be fully responsible for commercialization of the VorTeq technology globally.”This news caused a sharp decline in the price of Energy Recovery shares, which fell 15.8%, to close at $7.59 on June 30, 2020. Several securities analysts downgraded Energy Recovery’s rating and significantly lowered the Company’s price target. As one analyst commented, “[the Company] should have been able to perceive in advance and then explicitly warn about the significant, and likely rising, odds of this outcome.”The complaint, filed on July 21, 2020, alleges that throughout the Class Period defendants made materially false and misleading statements, and failed to disclose material adverse facts about the Company’s business, operations, and financial health. Specifically, defendants made false and/or misleading statements and failed to disclose to investors that: (i) the Company and Schlumberger had different strategic perspectives regarding commercialization of VorTeq; (ii) which created substantial risk of early termination of the Company’s exclusive licensing agreement with Schlumberger; (iii) accordingly, the revenue guidance and expectations of future license revenue was false and lacked reasonable basis; and (iv) as a result, defendants’ public statements were materially false and misleading at all relevant times or lacked a reasonable basis and omitted material facts.For more information on the Energy Recovery class action go to: https://bespc.com/ERIIWins Finance Holdings, Inc. (NASDAQ: WINS)Class Period: October 31, 2018 to July 6, 2020Lead Plaintiff Deadline: September 23, 2020Wins, through its subsidiaries, purports to provide financing solutions for small and medium enterprises in the People’s Republic of China. The Company purports to offer financial guarantees, as well as financial leasing, advisory, consultancy, and agency services in Jinzhong City, Shanxi Province, and Beijing.In 2014, Wins entered into a RMB 580 million credit agreement with Guohong Asset Management Co., Ltd. (the “Guohong Loan”), pursuant to which Guohong’s repayment was due to Wins in October 2019.In September 2017, Wins engaged Centurion ZD CPA & Co. (“CZD”) as its independent registered public accounting firm after dismissing its previous accounting firm.On October 31, 2019, Wins filed a notification of inability to timely file Form 20-F on Form NT 20-F with the Securities and Exchange Commission(“SEC”) (the “2019 NT 20-F”). The following trading day, the Company’s stock price declined from $11.90 to $11.20, or 5.8%.On November 19, 2019, Wins issued a press release announcing its receipt of a notification letter from the NASDAQ Listing Qualifications and its intent to submit a plan of compliance, adding that the filing of the 2019 20-F was untimely due to the uncertainty over recovery of the Guohong Loan but assuring investors that failure to collect on the loan would “not impact the Company’s ongoing operations.” Then, on May 26, 2020, Wins issued a press release announcing that the Company received a delisting determination letter from Nasdaq. The press release stated, in relevant part, “[a]s disclosed previously, the Company is working assiduously to complete its delinquent filing with SEC and to regain compliance with the Nasdaq listing rule as soon as possible.”On this news, Wins’s stock price closed at $7.81 per share on May 26, 2020, in contrast to its previous close of $10.06, a decline of 22.3%.The Company’s undisclosed ongoing financial difficulties—including non-repayment of the Guohong Loan—and material control weaknesses came to a head on June 30, 2020, when CZD resigned as the Company’s independent auditor after less than three years in that role. On July 6, 2020, Wins issued a press release announcing CZD’s resignation.On this news, Wins’s stock price fell $2.06 per share, or 6.1%, to close at $31.70 per share on July 7, 2020.The Complaint, filed on July 24, 2020, alleges that throughout the Class Period defendants made materially false and misleading statements regarding the Company’s business, operational, and compliance policies. Specifically, defendants made false and/or misleading statements and/or failed to disclose that: (i) the ultimate repayment of the RMB 580 million Guohong Loan was highly uncertain; (ii) nonpayment of the Guohong Loan would have a significant impact on the Company’s financial and operating condition; (iii) weaknesses in Wins’s internal control over its financial reporting persisted despite the Company’s repeated assurances to investors that it was taking steps to remediate these weaknesses; (iv) the foregoing issues, among others, made the resignation of Wins’s independent auditor foreseeably likely; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.For more information on the Wins Finance class action go to: https://bespc.com/WINS-2Guidewire Software, Inc. (NYSE: GWRE)Class Period: March 6, 2019 to March 4, 2020Lead Plaintiff Deadline: September 23, 2020Guidewire provides enterprise-level software systems for the property and casualty (“P&C”) insurance industry. During the Class Period, defendants represented to investors that Guidewire was well-positioned to capitalize on a shift in the P&C insurance industry away from on-premise software systems to software systems provided over the cloud. Defendants touted the “robust” demand that existed for Guidewire’s cloud-based products and assured investors that customer demand was “enduring and broad-based across most or all segments of the market.” Defendants further touted the demand for Guidewire’s cloud offering by reporting, at the end of each quarter, that cloud sales represented a substantial and growing percentage of the Company’s overall sales. The Company also issued highly favorable revenue and Annual Recurring Revenue (“ARR”) guidance, and assured investors that customer demand remained strong across the Company’s entire product offering, including its legacy on-premise business. On March 4, 2020, only three months after reiterating its strong revenue guidance for fiscal 2020, the truth about Guidewire’s failed cloud transition emerged. In announcing its financial results for the second quarter of 2020, the Company was forced to slash its revenue guidance for fiscal year 2020 by $57 million, from a range of $759 million to $771 million down to $702 million to $714 million. Rather than forecasting a year-over-year revenue increase of up to 7% for fiscal 2020, the Company was now forecasting a substantial revenue decline of approximately 7.5%. The Company similarly lowered its critical ARR guidance to be between 11% and 12% in fiscal 2020, compared to its previous range of 14% to 16%.On this news, Guidewire’s stock price plummeted by 17% in a single day, falling from $112.48 on March 3, 2020 to $93.56 on March 4, 2020, a decline of $18.92 per share.The complaint, filed on July 24, 2020, alleges that the demand for Guidewire’s cloud products was weak and the Company’s transition to the cloud was not going well because Guidewire’s cloud-based products needed to be significantly improved to meet customer needs and catch-up with rival systems. Further, Guidewire’s failed transition to the cloud was damaging the Company’s traditional on-premise business, as customers delayed purchasing decisions or declined to renew existing licenses. As a result, Guidewire’s revenue guidance, including guidance principally based on significantly increasing demand for the Company’s cloud-based products, was baseless and unattainable.For more information on the Guidewire class action go to: https://bespc.com/GWREIntel Corporation (NASDAQ: INTC) Class Period: April 23, 2020 to July 23, 2020Lead Plaintiff Deadline: September 28, 2020On July 23, 2020, after the market closed, Intel disclosed that production of its 7-nanometer chips would be delayed after the Company had “identified a defect mode in [its] 7-nanometer process that resulted in yield degradation.”On this news, the Company’s share price fell by $9.81, or approximately 16%, to close at $50.59 per share on July 24, 2020.
- 08/19/2020
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CLASS ACTION UPDATE for TUFN, IDEX and ERII: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
- NEW YORK, NY / ACCESSWIRE / August 19, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies.
- 08/19/2020
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INVESTOR ACTION NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Energy Recovery, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
- LOS ANGELES, CA / ACCESSWIRE / August 19, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Energy Recovery, Inc.
- 08/19/2020
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The Gross Law Firm Announces Class Actions on Behalf of Shareholders of BAYRY, ERII and WINS
- NEW YORK, NY / ACCESSWIRE / August 18, 2020 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly-traded companies.
- 08/18/2020
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SHAREHOLDER DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Energy Recovery, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
- LOS ANGELES, CA / ACCESSWIRE / August 18, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Energy Recovery, Inc.
- 08/18/2020
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CLASS ACTION UPDATE for ERII, VEL and COG: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
- NEW YORK, NY / ACCESSWIRE / August 18, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies.
- 08/18/2020
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The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of KL, BAYRY and ERII
- NEW YORK, NY / ACCESSWIRE / August 18, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies.
- 08/18/2020
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DEADLINE ALERT for DB, BAYRY, NSP, ERII: Law Offices of Howard G. Smith Reminds Investors of Class Actions on Behalf of Shareholders
- BENSALEM, Pa., Aug. 18, 2020 (GLOBE NEWSWIRE) -- Law Offices of Howard G. Smith reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies. Investors have until the deadlines listed below to file a lead plaintiff motion. Investors suffering losses on their investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in these class actions at 888-638-4847 or by email to howardsmith@howardsmithlaw.com.Deutsche Bank Aktiengesellschaft (NYSE: DB) Class Period: November 7, 2017 - July 6, 2020 Lead Plaintiff Deadline: September 14, 2020The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that Deutsche Bank had failed to remediate deficiencies related to AML, its disclosure controls and procedures and internal control over financial reporting, and its U.S. operations’ troubled condition; (2) that as a result, the Bank failed to properly monitor customers that the Bank itself deemed to be high risk, including, among others, the convicted sex offender Jeffrey Epstein (“Epstein”) and two correspondent banks, Danske Estonia and FBME Bank, which were both the subjects of prior scandals involving financial misconduct; (3) that the foregoing, once revealed, was foreseeably likely to have a material negative impact on the Bank’s financial results and reputation; and (4) as a result, the Bank’s public statements were materially false and misleading at all relevant times.Bayer Aktiengesellschaft (OTC: BAYRY) Class Period: May 23, 2016 - March 19, 2019 Lead Plaintiff Deadline: September 14, 2020The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that the acquisition of Monsanto would cause the Company to suffer from exposure to massive judgements and reputational damage if lawsuits related to Monsanto's Roundup product were successful; (2) that the Company's positive statements about the prospects of the Monsanto acquisition and the benefits it would create were false; (3) as a result, the Company's public statements throughout the class period were false and materially misleading.Insperity, Inc. (NYSE: NSP) Class Period: February 11, 2019 - February 11, 2020 Lead Plaintiff Deadline: September 21, 2020The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that the Company had failed to negotiate appropriate rates with its customers for employee benefit plans and did not adequately disclose the risk of large medical claims from these plans; (2) that Insperity was experiencing an adverse trend of large medical claims; (3) that as a mitigating measure, the Company would be forced to increase the cost of its employee benefit plans, causing stunted customer growth and reduced customer retention; and (4) that the foregoing issues were reasonably likely to, and would, materially impact Insperity’s financial results.Energy Recovery, Inc. (NASDAQ: ERII) Class Period: August 2, 2017 - June 29, 2020 Lead Plaintiff Deadline: September 21, 2020The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that the Company and Schlumberger had different strategic perspectives regarding commercialization of VorTeq; (2) that these differences created substantial risk of early termination of the Company’s exclusive licensing agreement with Schlumberger; (3) accordingly, the revenue guidance and expectations of future license revenue was false and lacked reasonable basis; and (4) as a result, Defendants’ public statements were materially false and misleading at all relevant times or lacked a reasonable basis and omitted material facts.To be a member of these class actions, you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about these class actions, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.Contacts Law Offices of Howard G. Smith Howard G. Smith, Esquire 215-638-4847 888-638-4847 howardsmith@howardsmithlaw.com www.howardsmithlaw.com
- 08/18/2020
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ERII ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of September 21, 2020 in the Class Action Filed on Behalf of Energy Recovery, Inc. Limited Shareholders
- New York, New York--(Newsfile Corp. - August 17, 2020) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Energy Recovery, Inc. (NASDAQ: ERII) alleging that the Company violated federal securities laws.Class Period: August 2, 2017 and June 29, 2020Lead Plaintiff Deadline: September 21, 2020Learn more about your recoverable losses in DNK:http://www.kleinstocklaw.com/pslra-1/energy-recovery-inc-loss-submission-form?id=8629&from=5The filed complaint alleges that Energy Recovery, Inc. made materially false and/or misleading ...
- 08/17/2020
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Energy Recovery Deadline Alert: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 Investing In Energy Recovery, Inc. To Contact The Firm
- New York, New York--(Newsfile Corp. - August 17, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Energy Recovery, Inc. ("Energy Recovery" or the "Company") (NASDAQ: ERII) of the September 21, 2020 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.If you invested in Energy Recovery stock or options between August 2, 2017 and June 29, ...
- 08/17/2020
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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Energy Recovery, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of September 21, 2020 - ERII
- New York, New York--(Newsfile Corp. - August 17, 2020) - The following statement is being issued by Levi & Korsinsky, LLP:To: All persons or entities who purchased or otherwise acquired securities of Energy Recovery, Inc. ("Energy Recovery") (NASDAQ: ERII) between August 2, 2017 and June 29, 2020. You are hereby notified that a securities class action lawsuit has been commenced in the the United States District Court for the Southern District of New York. ...
- 08/17/2020
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Lawsuits Filed Against NSP, IDEX and ERII - Jakubowitz Law Pursues Shareholders Claims
- NEW YORK, NY / ACCESSWIRE / August 17, 2020 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below.
- 08/17/2020
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The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of IDEX, BKD and ERII
- NEW YORK, NY / ACCESSWIRE / August 14, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies.
- 08/14/2020
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SHAREHOLDER DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Energy Recovery, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
- LOS ANGELES, CA / ACCESSWIRE / August 14, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Energy Recovery, Inc.
- 08/14/2020
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The Gross Law Firm Announces Class Actions on Behalf of Shareholders of PRA, KL and ERII
- NEW YORK, NY / ACCESSWIRE / August 14, 2020 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies.
- 08/14/2020
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CLASS ACTION UPDATE for ERII, GWRE and UCO: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
- NEW YORK, NY / ACCESSWIRE / August 14, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies.
- 08/14/2020
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ERII LOSS NOTICE: ROSEN, A TOP INVESTOR LAW FIRM, Encourages Energy Recovery, Inc. Investors to Contact Firm About Recovery of Losses Before Important Deadline in Securities Class Action - ERII
- NEW YORK, NY / ACCESSWIRE / August 14, 2020 / Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Energy Recovery, Inc.
- 08/14/2020
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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Energy Recovery, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of September 21, 2020 - ERII
- New York, New York--(Newsfile Corp. - August 13, 2020) - The following statement is being issued by Levi & Korsinsky, LLP:To: All persons or entities who purchased or otherwise acquired securities of Energy Recovery, Inc. ("Energy Recovery") (NASDAQ: ERII) between August 2, 2017 and June 29, 2020. You are hereby notified that a securities class action lawsuit has been commenced in the the United States District Court for the Southern District of New York. ...
- 08/13/2020
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The Gross Law Firm Announces Class Actions on Behalf of Shareholders of ENPH, ERII and GWRE
- NEW YORK, NY / ACCESSWIRE / August 13, 2020 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies.
- 08/13/2020
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IMPORTANT INVESTOR NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Energy Recovery, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
- LOS ANGELES, CA / ACCESSWIRE / August 13, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Energy Recovery, Inc.
- 08/13/2020
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LAWSUITS FILED AGAINST CODX, ERII and GWRE - JAKUBOWITZ LAW PURSUES SHAREHOLDERS CLAIMS
- NEW YORK, NY / ACCESSWIRE / August 13, 2020 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below.
- 08/13/2020
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ERII INVESTOR ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Energy Recovery, Inc. Shareholders of Class Action and Encourages Investors to Contact the Firm
- NEW YORK, NY / ACCESSWIRE / August 13, 2020 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Energy Recovery, Inc.
- 08/13/2020
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The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of CEMI, ERII and GWRE
- NEW YORK, NY / ACCESSWIRE / August 13, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies.
- 08/13/2020
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LAWSUITS FILED AGAINST WRCDF, ERII and GWRE - Jakubowitz Law Pursues Shareholders Claims
- NEW YORK, NY / ACCESSWIRE / August 12, 2020 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below.
- 08/13/2020
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Energy Recovery, Inc. - ERII
- NEW YORK, NY / ACCESSWIRE / August 12, 2020 / Pomerantz LLP is investigating claims on behalf of investors Energy Recovery, Inc.
- 08/12/2020
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CLASS ACTION UPDATE for CSPR, ERII and WINS: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
- NEW YORK, NY / ACCESSWIRE / August 12, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies.
- 08/12/2020
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SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Energy Recovery, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
- LOS ANGELES, CA / ACCESSWIRE / August 12, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Energy Recovery, Inc.
- 08/12/2020
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SHAREHOLDER ALERT: ENDP CSPR ERII: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines
- NEW YORK, NY / ACCESSWIRE / August 12, 2020 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies.
- 08/12/2020
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SHAREHOLDER ALERT: ENDP CODX ERII: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines
- NEW YORK, NY / ACCESSWIRE / August 12, 2020 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies.
- 08/12/2020
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Is Energy Recovery, Inc.'s(NASDAQ:ERII) Recent Stock Performance Tethered To Its Strong Fundamentals?
- Energy Recovery (NASDAQ:ERII) has had a great run on the share market with its stock up by a significant 21% over the...
- 08/12/2020
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What Kind Of Shareholders Own Energy Recovery, Inc. (NASDAQ:ERII)?
- If you want to know who really controls Energy Recovery, Inc. (NASDAQ:ERII), then you'll have to look at the makeup of...
- 08/12/2020
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IMPORTANT INVESTOR NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Energy Recovery, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
- LOS ANGELES, CA / ACCESSWIRE / August 11, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Energy Recovery, Inc.
- 08/11/2020
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Lead Plaintiff Deadline Alert: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 Investing In Energy Recovery, Inc. To Contact The Firm
- New York, New York--(Newsfile Corp. - August 11, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Energy Recovery, Inc. ("Energy Recovery" or the "Company") (NASDAQ: ERII) of the September 21, 2020 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.If you invested in Energy Recovery stock or options between August 2, 2017 and June ...
- 08/11/2020
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The Gross Law Firm Announces Class Actions on Behalf of Shareholders of KL, ERII and GWRE
- NEW YORK, NY / ACCESSWIRE / August 10, 2020 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly-traded companies.
- 08/10/2020
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SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Energy Recovery, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
- LOS ANGELES, CA / ACCESSWIRE / August 10, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Energy Recovery, Inc.
- 08/10/2020
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CLASS ACTION UPDATE for ENDP, BAYRY and ERII: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
- NEW YORK, NY / ACCESSWIRE / August 10, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies.
- 08/10/2020
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The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of PPC, BAYRY and ERII
- NEW YORK, NY / ACCESSWIRE / August 10, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies.
- 08/10/2020
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INVESTOR ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Energy Recovery, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
- LOS ANGELES, CA / ACCESSWIRE / August 7, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Energy Recovery, Inc.
- 08/08/2020
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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Energy Recovery, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of September 21, 2020 - ERII
- New York, New York--(Newsfile Corp. - August 7, 2020) - The following statement is being issued by Levi & Korsinsky, LLP:To: All persons or entities who purchased or otherwise acquired securities of Energy Recovery, Inc. ("Energy Recovery") (NASDAQ: ERII) between August 2, 2017 and June 29, 2020. You are hereby notified that a securities class action lawsuit has been commenced in the the United States District Court for the Southern District of New ...
- 08/07/2020
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Glancy Prongay & Murray Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Energy Recovery, Inc. (ERII)
- Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming September 21, 2020 deadline to file a lead plaintiff motion in the class action filed on
- 08/07/2020
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CLASS ACTION UPDATE for ENDP, USO and ERII: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
- NEW YORK, NY / ACCESSWIRE / August 7, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies.
- 08/07/2020
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INVESTOR ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action Lawsuit Against Energy Recovery, Inc.
- The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of those who acquired Energy Recovery, Inc. ("Energy Recovery" or the "Company") (NASDAQGS: ERII) securities during the period from August 2, 2017 through June 29, 2020 (the "Class Period"). Investors have until September 21, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
- 08/06/2020
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ERII ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of September 21, 2020 in the Class Action Filed on Behalf of Energy Recovery, Inc. Limited Shareholders
- New York, New York--(Newsfile Corp. - August 6, 2020) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Energy Recovery, Inc. (NASDAQ: ERII) alleging that the Company violated federal securities laws.Klein Law Firm LogoClass Period: August 2, 2017 and June 29, 2020Lead Plaintiff Deadline: September 21, 2020Learn more about your recoverable losses in DNK:http://www.kleinstocklaw.com/pslra-1/energy-recovery-inc-loss-submission-form?id=8421&from=5.The filed complaint alleges that Energy Recovery, Inc. made materially false ...
- 08/06/2020
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Energy Recovery's VorTeq - A Game Changer For The Fracking Industry (NASDAQ:ERII)
- Undiscovered proven disruptive technology gem with 100% market share in its segments. $25 per share 2021 price target – 200% total return in 12 months without accounting for any new verticals beyond Water and Oil & Gas.
- 08/06/2020
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INVESTOR ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action Lawsuit Against Energy Recovery, Inc.
- The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New Y
- 08/06/2020
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Energy Recovery, Inc. (ERII) CEO Bob Mao on Q2 2020 Results - Earnings Call Transcript
- Energy Recovery, Inc. (NASDAQ:ERII) Q2 2020 Earnings Conference Call July 30, 2020 5:00 PM ET Company Participants James Siccardi - Vice President of Investor Relations Bob Mao - Chairman, President and Chief Executive Officer Joshua Ballard - Chief Financial Officer Conference Call Participants Pavel Molchanov - Raymond James Ryan Pfingst - B.
- 07/30/2020
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Energy Recovery: Unwarranted Selloff Following Exit From Licensing Agreement Provides Attractive Entry Point
- Energy Recovery (ERII) is US based USD 400 million market cap, no debt and USD 100 mil in cash, 72% margins and revenue growth 18% CAGR.
- 07/20/2020
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Energy Recovery (NASDAQ:ERII) Rating Increased to Hold at BidaskClub
- Energy Recovery (NASDAQ:ERII) was upgraded by investment analysts at BidaskClub from a “sell” rating to a “hold” rating in a report issued on Friday, BidAskClub reports. A number of other equities analysts also recently commented on ERII. Zacks Investment Research downgraded shares of Energy Recovery from a “buy” rating to a “hold” rating in a […]
- 07/19/2020
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Energy Recovery (NASDAQ:ERII) Shareholders Have Enjoyed An Impressive 206% Share Price Gain
- It might be of some concern to shareholders to see the Energy Recovery, Inc. (NASDAQ:ERII) share price down 12% in the...
- 07/17/2020
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Energy Recovery : Wins Contracts Totaling Over $20 Million, Including Saudi Thermal to SWRO Mega Project - Energy Recovery | MarketScreener
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Energy Recovery Wins Contracts Totaling Over $20 Million, Including Saudi Thermal to SWRO Mega Project | | IT Business Net
- SAN LEANDRO, CA / ACCESSWIRE / July 14, 2020 / Energy Recovery, Inc. (NASDAQ:ERII) today announced project awards totaling $20.9 million, including a contract for the 400,000 cubic meters per day (&qu
- 07/14/2020
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Energy Recovery Wins Contracts Totaling Over $20 Million, Including Saudi Thermal to SWRO Mega Project
- Jubail II will replace the thermal capacity of the 136,000 m3/day Jubail I thermal desalination facility. "This project, one of the largest contracts in Company history, is another marker of the strength of our business, even in the toughest of times," said Robert Mao, Energy Recovery Chairman of the Board and President and CEO. "As the desalination market continues transitioning from thermal to SWRO technology, and as we see projects increasing in size, demand for our technology continues to grow as well."
- 07/14/2020
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Energy Recovery Announces Virtual-Only 2020 Annual Meeting of Stockholders
- Stockholders can attend the virtual meeting via live audio webcast but may not physically attend this year's meeting. The virtual format also provides the opportunity for participation by a broader group of stockholders and enables stockholders to participate fully, and equally, from any location around the world, at little to no cost to them. Stockholders can attend the Annual Meeting online at www.virtualshareholdermeeting.com/ERII2020 by using the 16-digit control number, which appears on each stockholder's proxy materials.
- 07/08/2020
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ERII Investor Update: Bronstein, Gewirtz & Grossman, LLC Notifies Energy Recovery, Inc. Investors of Investigation and Encourages Investors to Contact the Firm
- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Energy Recovery, Inc. ("Energy Recovery" or "the Company") (NASDAQ: ERII). Investors who purchased Energy Recovery securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/erii.
- 07/06/2020
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Hedge Funds Are Warming Up To Energy Recovery, Inc. (ERII)
- The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
- 07/04/2020
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Legal & General Group Plc Has $202,000 Stock Holdings in Energy Recovery, Inc. (NASDAQ:ERII)
- Legal & General Group Plc raised its stake in Energy Recovery, Inc. (NASDAQ:ERII) by 59.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 22,374 shares of the industrial products company’s stock after buying an additional 8,331 shares during the quarter. Legal & […]
- 07/04/2020
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Energy Recovery, Inc. (NASDAQ:ERII) Shares Sold by Deutsche Bank AG
- Deutsche Bank AG reduced its holdings in shares of Energy Recovery, Inc. (NASDAQ:ERII) by 29.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,421 shares of the industrial products company’s stock after selling 28,608 shares during the period. Deutsche Bank AG owned […]
- 07/04/2020
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SHAREHOLDER ALERT: Lowey Dannenberg Investigates Claims on Behalf of Investors of Energy Recovery, Inc. (ERII)
- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors is investigating possible violations of federal securities laws on behalf of investors of Energy Recovery, Inc. (“Energy Recovery” or the “Company”) (ERII). Energy Recovery Inc., headquartered in California, manufactures energy recovery devices for oil and gas, chemical and water industries. On June 29, 2020, Energy Recovery announced the termination of its 15-year contract with Schlumberger for the exclusive use of Energy Recovery’s VorTeq hydraulic pumping system.
- 07/02/2020
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ERII Investor Update: Bronstein, Gewirtz & Grossman, LLC Notifies Energy Recovery, Inc. Investors of Investigation and Encourages Investors to Contact the Firm
- NEW YORK, NY / ACCESSWIRE / July 2, 2020 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Energy Recovery, Inc. ( "Energy Recovery" or "the ...
- 07/02/2020
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Energy Recovery (ERII) Jumps: Stock Rises 6.6%
- Energy Recovery (ERII) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.
- 06/30/2020
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Energy Recovery : Shares Down 15% as It Exits License Agreement With Schlumberger | MarketScreener
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Energy Recovery Announces Exit From VorTeq(TM) Exclusive Licensing Agreement with Schlumberger | | IT Business Net
- SAN LEANDRO, CA / ACCESSWIRE / June 29, 2020 / Energy Recovery, Inc. (NASDAQ:ERII) today announced an agreement with Schlumberger to exit its 15-year licensing deal for Schlumberger's exclusive u
- 06/29/2020
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Energy Recovery Announces Exit From VorTeq(TM) Exclusive Licensing Agreement with Schlumberger
- SAN LEANDRO, CA / ACCESSWIRE / June 29, 2020 / Energy Recovery, Inc . (NASDAQ:ERII) today announced an agreement with Schlumberger to exit its 15-year licensing deal for Schlumberger's exclusive use of ...
- 06/29/2020
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Baird Financial Group Inc. Sells 6,027 Shares of Energy Recovery, Inc. (NASDAQ:ERII)
- Baird Financial Group Inc. trimmed its position in Energy Recovery, Inc. (NASDAQ:ERII) by 2.6% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 226,835 shares of the industrial products company’s stock after selling 6,027 shares during the period. Baird Financial Group Inc. owned about 0.41% of Energy […]
- 06/17/2020
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15 Stocks That Will Support the Coming Infrastructure Buildout
- We are talking about a finessed, intelligent approach to what we see happening in real time.
- 06/16/2020
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Energy Recovery to Host Second Quarter 2020 Financial Results Conference Call on July 30, 2020
- SAN LEANDRO, CA / ACCESSWIRE / June 16, 2020 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ended June 30, 2020 on Thursday, July 30, ...
- 06/16/2020
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Energy Recovery's Vorteq could save $5p/b in fracking costs - ValueWalk
- Energy Recovery is now implementing its technology into fracking. The product is called Vorteq. It has partnered with Schlumberger
- 06/08/2020
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ENERGY RECOVERY : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K/A) | MarketScreener
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Energy Recovery 8-K Shows Chair, Interim Pres, CEO Robert Yu Lang Mao Named Pres, CEO, Will Continue To Serve As Chair
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ENERGY RECOVERY, INC. : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K) | MarketScreener
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Energy Recovery Names Robert Mao President and Chief Executive Officer | MarketScreener
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Energy Recovery Names Robert Mao President and Chief Executive Officer
- Pamela Tondreau elected as Lead Independent Director SAN LEANDRO, CA / ACCESSWIRE / May 7, 2020 / Energy Recovery, Inc . (NASDAQ:ERII) today announced that its Board of Directors ("Board") has ...
- 05/07/2020
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Energy Recovery: Lots Of Potential, Lots Of Uncertainty
- Energy Recovery holds a best-in-class product suite. The company should benefit substantially from the growth in SWRO desalination. A strong balance sheet provi
- 05/06/2020
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Energy Recovery, Inc. Just Missed Earnings And Its EPS Looked Sad - But Analysts Have Updated Their Models
- It's been a good week for Energy Recovery, Inc. (NASDAQ:ERII) shareholders, because the company has just released its...
- 05/03/2020
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Energy Recovery, Inc. (NASDAQ:ERII) Shares Sold by Bank of America Corp DE
- Bank of America Corp DE decreased its holdings in Energy Recovery, Inc. (NASDAQ:ERII) by 49.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 30,015 shares of the industrial products company’s stock after selling 28,842 shares during the period. Bank of America […]
- 05/02/2020
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Energy Recovery -5% post Q1 results
- Energy Recovery (ERII -5.3%) reported Q1 revenue decrease of 9% Y/Y to $21.5M, and net income of $621k (-76.6% Y/Y).Company’s Water segment generated total product revenue of $19M (+18.2% Y/Y); and Oi
- 05/01/2020
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Analysts' Opinions Are Mixed on These Conglomerates Stocks: Builders Firstsource (BLDR), Energy Recovery (ERII) and Johnson Controls (JCI)
- Analysts have been eager to weigh in on the Conglomerates sector with new ratings on Builders Firstsource (BLDR), Energy Recovery (ERII) and Johnson
- 05/01/2020
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Edited Transcript of ERII earnings conference call or presentation 30-Apr-20 9:00pm GMT
- Q1 2020 Energy Recovery Inc Earnings Call
- 05/01/2020
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Energy Recovery (ERII) Q1 2020 Earnings Call Transcript
- My name is Jim Siccardi, vice president of investor relations at Energy Recovery. During today's call, we may make projections and other forward-looking statements under the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995 regarding future events or the future financial performance of the company.
- 05/01/2020
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Energy Recovery (ERII) Lags Q1 Earnings and Revenue Estimates
- Energy Recovery (ERII) delivered earnings and revenue surprises of -50.00% and -13.79%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
- 05/01/2020
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Energy Recovery: 1Q Earnings Snapshot
- SAN LEANDRO, Calif. (AP) _ Energy Recovery Inc. (ERII) on Thursday reported first-quarter net income of $621,000. The San Leandro, California-based company said it had profit of 1 cent per share. The maker of energy recovery devices posted revenue of $19 million in the period. Energy Recovery shares have fallen 17% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $8.14, a decrease of 17% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ERII at https://www.zacks.com/ap/ERII
- 04/30/2020
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Energy Recovery: 1Q Earnings Snapshot
- SAN LEANDRO, Calif. (AP) _ Energy Recovery Inc. (ERII) on Thursday reported first-quarter net income of $621,000.
The San Leandro, California-based company said it had profit of 1 cent per share.
The maker of energy recovery devices posted revenue of
- 04/30/2020
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Energy Recovery Q1 EPS $0.010, Inline, Sales $21.500M Beat $20.860M Estimate
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Energy Recovery Reports First Quarter Financial Results
- SAN LEANDRO, CA / ACCESSWIRE / April 30, 2020 / Energy Recovery Inc. (NASDAQ:ERII) ("Energy Recovery," "we," "our," or the "Company"), a leader in pressure energy ...
- 04/30/2020
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Energy Recovery reports Q1 EPS 1c, consensus 1c ERII
- Energy Recovery reports Q1 EPS 1c, consensus 1c ERII
- 04/30/2020
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Energy Recovery (ERII) Lags Q1 Earnings and Revenue Estimates
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Energy Recovery (ERII) Scheduled to Post Earnings on Thursday
- Energy Recovery (NASDAQ:ERII) will be releasing its earnings data after the market closes on Thursday, April 30th. Analysts expect Energy Recovery to post earnings of $0.02 per share for the quarter. Persons interested in listening to the company’s conference call can do so using this link. Energy Recovery (NASDAQ:ERII) last released its quarterly earnings results […]
- 04/28/2020
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Geode Capital Management LLC Has $4.75 Million Position in Energy Recovery, Inc. (NASDAQ:ERII)
- Geode Capital Management LLC boosted its stake in shares of Energy Recovery, Inc. (NASDAQ:ERII) by 4.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 484,728 shares of the industrial products company’s stock after buying an additional 21,100 shares during the quarter. Geode Capital Management LLC’s holdings in Energy Recovery were worth $4,745,000 […]
- 04/27/2020
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Earnings Preview: Energy Recovery (ERII) Q1 Earnings Expected to Decline
- Energy Recovery (ERII) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/23/2020
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Earnings Preview: Energy Recovery (ERII) Q1 Earnings Expected to Decline
- Energy Recovery (ERII) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/23/2020
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How Do Energy Recovery, Inc.’s (NASDAQ:ERII) Returns Compare To Its Industry?
- Today we'll look at Energy Recovery, Inc. (NASDAQ:ERII) and reflect on its potential as an investment. Specifically...
- 04/23/2020
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Analysts Offer Insights on Conglomerates Companies: Chromadex (CDXC) and Energy Recovery (ERII)
- There's a lot to be optimistic about in the Conglomerates sector as 2 analysts just weighed in on Chromadex (CDXC) and Energy Recovery (ERII) with bullish
- 04/23/2020
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Mainstay Capital Management Llc Buys iShares '-7 Year Treasury Bond ETF, iShares Short ...
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Energy Recovery Wins $2.5M Of Chinese Industrial Water Projects
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Energy Recovery Wins $2.5M of Chinese Industrial Water Projects
- The Company will supply PX® Pressure Exchanger® devices ("PX") and related equipment and services to multiple desalination facilities in China with a combined capacity of more than 140,000 cubic meters per day, or more than 37 million gallons per day. Once these facilities are in operation
- 04/22/2020
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Goldman Sachs Group Inc. Boosts Holdings in Energy Recovery, Inc. (NASDAQ:ERII)
- Goldman Sachs Group Inc. increased its stake in shares of Energy Recovery, Inc. (NASDAQ:ERII) by 214.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 62,602 shares of the industrial products company’s stock after buying an additional 42,676 shares during the period. Goldman Sachs Group Inc. […]
- 04/21/2020
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Short Interest in Energy Recovery, Inc. (NASDAQ:ERII) Decreases By 7.8%
- Energy Recovery, Inc. (NASDAQ:ERII) was the recipient of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 4,220,000 shares, a decline of 7.8% from the March 15th total of 4,578,800 shares. Approximately 11.0% of the company’s stock are sold short. Based on an average […]
- 04/21/2020
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Alliancebernstein L.P. Sells 2,208 Shares of Energy Recovery, Inc. (NASDAQ:ERII)
- Alliancebernstein L.P. lowered its position in Energy Recovery, Inc. (NASDAQ:ERII) by 4.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 51,320 shares of the industrial products company’s stock after selling 2,208 shares during the quarter. Alliancebernstein L.P. owned approximately 0.09% […]
- 04/20/2020
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AQR Capital Management LLC Takes Position in Energy Recovery, Inc. (NASDAQ:ERII)
- AQR Capital Management LLC bought a new stake in Energy Recovery, Inc. (NASDAQ:ERII) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 13,179 shares of the industrial products company’s stock, valued at approximately $129,000. Several other hedge funds and other institutional […]
- 04/14/2020
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Did Energy Recovery, Inc. (NASDAQ:ERII) Insiders Sell Shares?
- We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...
- 04/10/2020
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Arve Hanstveit Sells 23,000 Shares of Energy Recovery, Inc. (NASDAQ:ERII) Stock
- Energy Recovery, Inc. (NASDAQ:ERII) Director Arve Hanstveit sold 23,000 shares of the firm’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $7.09, for a total transaction of $163,070.00. Following the completion of the transaction, the director now directly owns 1,072,733 shares in the company, valued at […]
- 04/10/2020
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Arve Hanstveit Sells 23,067 Shares of Energy Recovery, Inc. (NASDAQ:ERII) Stock
- Energy Recovery, Inc. (NASDAQ:ERII) Director Arve Hanstveit sold 23,067 shares of the firm’s stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $7.11, for a total value of $164,006.37. Following the completion of the transaction, the director now owns 1,072,733 shares of the company’s stock, valued at […]
- 04/10/2020
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Bank of New York Mellon Corp Buys 74,685 Shares of Energy Recovery, Inc. (NASDAQ:ERII)
- Bank of New York Mellon Corp boosted its holdings in shares of Energy Recovery, Inc. (NASDAQ:ERII) by 5.3% in the 4th quarter, Holdings Channel reports. The firm owned 1,471,989 shares of the industrial products company’s stock after buying an additional 74,685 shares during the period. Bank of New York Mellon Corp’s holdings in Energy Recovery […]
- 04/09/2020
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Energy Recovery board member sells 46K shares of common stock ERII
- Energy Recovery board member sells 46K shares of common stock ERII
- 04/08/2020
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Energy Recovery, Inc. (NASDAQ:ERII) Receives $13.00 Consensus Target Price from Analysts
- Shares of Energy Recovery, Inc. (NASDAQ:ERII) have been given a consensus rating of “Hold” by the eight analysts that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating on the company. The […]
- 04/08/2020
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Energy Recovery awarded $8.3M to supply PX Pressure Exchanger devices ERII
- Energy Recovery awarded $8.3M to supply PX Pressure Exchanger devices ERII
- 04/07/2020
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Energy Recovery Wins $8.3M In Egyptian Water Projects
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Energy Recovery Wins $8.3M of Egyptian Water Projects
- The desalination plants included in this award will have a collective capacity of 290,000 cubic meters per day. Once the plants are in operation, Energy Recovery's PX devices are expected to recycle hydraulic energy equivalent to over 300 gigawatt hours of energy annually, an amount associated with approximately 200,000 metric tons of carbon emissions.
- 04/07/2020
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Energy Recovery, Inc. (NASDAQ:ERII) Short Interest Update
- Energy Recovery, Inc. (NASDAQ:ERII) was the recipient of a large growth in short interest in March. As of March 13th, there was short interest totalling 4,578,800 shares, a growth of 5.3% from the February 27th total of 4,350,000 shares. Based on an average daily volume of 332,000 shares, the short-interest ratio is presently 13.8 days. […]
- 04/03/2020
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Analysts' Weekly Ratings Updates for Energy Recovery (ERII)
- A number of firms have modified their ratings and price targets on shares of Energy Recovery (NASDAQ: ERII) recently: 3/31/2020 – Energy Recovery was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating. 3/23/2020 – Energy Recovery had its price target lowered by analysts at B. Riley from $13.00 to $12.00. […]
- 04/02/2020
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Shares of several industrial companies are trading higher amid market strength as equities gain on a potential rebound following this quarter's selloff.
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Baird Financial Group Inc. Has $2.28 Million Holdings in Energy Recovery, Inc. (NASDAQ:ERII)
- Baird Financial Group Inc. cut its stake in shares of Energy Recovery, Inc. (NASDAQ:ERII) by 1.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 232,862 shares of the industrial products company’s stock after selling 2,590 shares during the period. Baird Financial Group Inc. owned […]
- 03/31/2020
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Energy Recovery (NASDAQ:ERII) Downgraded by BidaskClub to Sell
- Energy Recovery (NASDAQ:ERII) was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating in a report issued on Tuesday, BidAskClub reports. Other analysts have also issued research reports about the stock. B. Riley lowered their target price on shares of Energy Recovery from $13.00 to $12.00 and set a “buy” rating […]
- 03/31/2020
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How Does Energy Recovery’s (NASDAQ:ERII) P/E Compare To Its Industry, After The Share Price Drop?
- Unfortunately for some shareholders, the Energy Recovery (NASDAQ:ERII) share price has dived 31% in the last thirty...
- 03/28/2020
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What Is Energy Recovery's (NASDAQ:ERII) P/E Ratio After Its Share Price Tanked?
- Unfortunately for some shareholders, the Energy Recovery (NASDAQ:ERII) share price has dived 31% in the last thirty...
- 03/28/2020
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Is There An Opportunity With Energy Recovery, Inc.’s (NASDAQ:ERII) 35% Undervaluation?
- Does the March share price for Energy Recovery, Inc. (NASDAQ:ERII) reflect what it's really worth? Today, we will...
- 03/26/2020
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Analysts Conflicted on These Conglomerates Names: Lennox International (LII), Honeywell International (HON) and Energy Recovery (ERII)
- Companies in the Conglomerates sector have received a lot of coverage today as analysts weigh in on Lennox International (LII), Honeywell International
- 03/23/2020
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B. Riley FBR Maintains Buy on Energy Recovery, Lowers Price Target to $12
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Energy Recovery Announces Departure of VP, Oil & Gas, Appointment of New VorTeq(TM) Development Leader
- SAN LEANDRO, CA / ACCESSWIRE / March 19, 2020 / Energy Recovery, Inc. (ERII) today announced the departure of the company's Vice President of Oil & Gas, Eric Siebert. Ahmed Ghoneim, a seasoned oilfield services leader, will manage the VorTeq development team moving forward.
- 03/19/2020
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Reasons Why You Should Avoid Donaldson's (DCI) Stock for Now
- Donaldson (DCI) is exposed to forex woes and soft market conditions. Projections for fiscal 2020 have been lowered on these prevalent headwinds.
- 03/17/2020
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Reasons Why You Should Avoid Donaldson's (DCI) Stock for Now
- Donaldson (DCI) is exposed to forex woes and soft market conditions. Projections for fiscal 2020 have been lowered on these prevalent headwinds.
- 03/17/2020
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Energy Recovery to Host First Quarter 2020 Financial Results Conference Call on April 30, 2020
- SAN LEANDRO, CA / ACCESSWIRE / March 17, 2020 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ended March 31, 2020 on Thursday, April ...
- 03/17/2020
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Arve Hanstveit Sells 14,818 Shares of Energy Recovery, Inc. (NASDAQ:ERII) Stock
- Energy Recovery, Inc. (NASDAQ:ERII) Director Arve Hanstveit sold 14,818 shares of the company’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $8.69, for a total transaction of $128,768.42. Following the sale, the director now directly owns 1,110,618 shares of the company’s stock, valued at […]
- 03/14/2020
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Edited Transcript of ERII earnings conference call or presentation 5-Mar-20 10:00pm GMT
- Q4 2019 Energy Recovery Inc Earnings Call
- 03/13/2020
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How Does Energy Recovery’s (NASDAQ:ERII) P/E Compare To Its Industry, After The Share Price Drop?
- To the annoyance of some shareholders, Energy Recovery (NASDAQ:ERII) shares are down a considerable 34% in the last...
- 03/13/2020
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Edited Transcript of ERII earnings conference call or presentation 5-Mar-20 10:00pm GMT
- Q4 2019 Energy Recovery Inc Earnings Call
- 03/13/2020
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Stocks That Hit 52-Week Lows On Thursday
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Energy Recovery awarded $23.5M for water projects ERII
- Energy Recovery awarded $23.5M for water projects ERII
- 03/12/2020
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How Do Energy Recovery, Inc.’s (NASDAQ:ERII) Returns On Capital Compare To Peers?
- Today we'll evaluate Energy Recovery, Inc. (NASDAQ:ERII) to determine whether it could have potential as an investment...
- 03/12/2020
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Energy Recovery Awarded $23.5M for Water Projects, Includes Contract for World's Largest Reverse Osmosis Desalination Facility
- SAN LEANDRO, CA / ACCESSWIRE / March 12, 2020 / Energy Recovery, Inc . (NASDAQ:ERII) today announced awards of USD $23.5M to supply its PX® Pressure Exchanger® devices ("PX") and related equipment ...
- 03/12/2020
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Energy Recovery (NASDAQ:ERII) Stock Rating Lowered by Zacks Investment Research
- Energy Recovery (NASDAQ:ERII) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Tuesday, Zacks.com reports. According to Zacks, “Based in San Leandro, California, ENERGY RECOVERY, INC. is a leading global developer and manufacturer of highly efficient energy recovery devices utilized in the water desalination […]
- 03/12/2020
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Energy Recovery downgraded to In Line from Outperform at Evercore ISI ERII
- Energy Recovery downgraded to In Line from Outperform at Evercore ISI Evercore ISI ERII
- 03/09/2020
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Analysts Are Upgrading Energy Recovery, Inc. After Its Latest Results
- Energy Recovery, Inc. (NASDAQ:ERII) defied analyst predictions to release its annual results, which were ahead of...
- 03/08/2020
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Energy Recovery (NASDAQ:ERII) Trading Up 9.3% After Earnings Beat
- Energy Recovery, Inc. (NASDAQ:ERII) was up 9.3% on Friday following a better than expected earnings announcement. The stock traded as high as $10.74 and last traded at $10.50, approximately 564,465 shares changed hands during trading. An increase of 231% from the average daily volume of 170,528 shares. The stock had previously closed at $9.61. The […]
- 03/07/2020
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Energy Recovery up 7% post Q4 results
- Energy Recovery (ERII +7.4%) reported 10.1% Y/Y increase in its Q4 revenue to $19.5M; and product gross margin of 71.5% down 300 bps.Q4 Gross margin declined by 292 bps to 76.9%; and operating margin
- 03/06/2020
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Energy Recovery (ERII) Q4 2019 Earnings Call Transcript
- ERII earnings call for the period ending December 31, 2019.
- 03/06/2020
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Energy Recovery's (ERII) CEO Bob Mao on Q4 2019 Results - Earnings Call Transcript
- Energy Recovery, Inc. (NASDAQ:ERII) Q4 2019 Earnings Conference Call March 5, 2020 5:00 PM ET Company Participants Jim Siccardi – Vice President-Investor Relati
- 03/06/2020
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Energy Recovery (ERII) Reports Q4 Loss, Lags Revenue Estimates
- Energy Recovery (ERII) delivered earnings and revenue surprises of 50.00% and -10.83%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
- 03/05/2020
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Energy Recovery (ERII) Reports Q4 Loss, Lags Revenue Estimates
- Energy Recovery (ERII) delivered earnings and revenue surprises of 50.00% and -10.83%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
- 03/05/2020
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Energy Recovery: 4Q Earnings Snapshot
- SAN LEANDRO, Calif. (AP) _ Energy Recovery Inc. (ERII) on Thursday reported a fourth-quarter loss of $609,000, after reporting a profit in the same period a year earlier. On a per-share basis, the San Leandro, California-based company said it had a loss of 1 cent. The maker of energy recovery devices posted revenue of $15.8 million in the period. For the year, the company reported profit of $10.9 million, or 19 cents per share. Revenue was reported as $86.9 million. Energy Recovery shares have declined roughly 2% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $9.61, an increase of 20% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ERII at https://www.zacks.com/ap/ERII
- 03/05/2020
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Energy Recovery: 4Q Earnings Snapshot
- SAN LEANDRO, Calif. (AP) _ Energy Recovery Inc. (ERII) on Thursday reported a fourth-quarter loss of $609,000, after reporting a profit in the same period a year earlier.
On a per-share basis, the San Leandro, California-based company said it had a l
- 03/05/2020
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Energy Recovery Q4 EPS $(0.01) Beats $(0.02) Estimate, Sales $19.501M Beat $17.72M Estimate
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Energy Recovery Reports Fourth Quarter and Fiscal Year End 2019 Financial Results
- SAN LEANDRO, CA / ACCESSWIRE / March 5, 2020 / Energy Recovery Inc. (Nasdaq:ERII) ("Energy Recovery," "we," "our," or the "Company"), a leader in pressure energy ...
- 03/05/2020
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Energy Recovery, Inc. to Host Earnings Call
- NEW YORK, NY / ACCESSWIRE / March 5, 2020 / Energy Recovery, Inc. (ERII) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 5, 2020 at 5:00 PM Eastern ...
- 03/05/2020
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Energy Recovery (ERII) Reports Q4 Loss, Lags Revenue Estimates
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Energy Recovery (ERII) to Release Earnings on Thursday
- Energy Recovery (NASDAQ:ERII) is scheduled to release its earnings data after the market closes on Thursday, March 5th. Analysts expect Energy Recovery to post earnings of ($0.01) per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link. ERII opened at $9.92 on Tuesday. The […]
- 03/03/2020
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California Public Employees Retirement System Has $624,000 Stock Holdings in Energy Recovery, Inc. (NASDAQ:ERII)
- California Public Employees Retirement System lifted its position in Energy Recovery, Inc. (NASDAQ:ERII) by 21.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 63,727 shares of the industrial products company’s stock after purchasing an additional 11,100 shares during the quarter. California Public Employees Retirement […]
- 03/01/2020
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Analysts Estimate Energy Recovery (ERII) to Report a Decline in Earnings: What to Look Out for
- Energy Recovery (ERII) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 02/27/2020
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Analysts Estimate Energy Recovery (ERII) to Report a Decline in Earnings: What to Look Out for
- Energy Recovery (ERII) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 02/27/2020
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Brokerages Anticipate Energy Recovery, Inc. (NASDAQ:ERII) Will Post Quarterly Sales of $17.70 Million
- Wall Street analysts expect Energy Recovery, Inc. (NASDAQ:ERII) to post $17.70 million in sales for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Energy Recovery’s earnings, with the highest sales estimate coming in at $18.50 million and the lowest estimate coming in at $16.90 million. Energy Recovery reported […]
- 02/27/2020
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Analysts Estimate Energy Recovery (ERII) to Report a Decline in Earnings: What to Look Out for
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Insider Selling: Energy Recovery, Inc. (NASDAQ:ERII) VP Sells 1,900 Shares of Stock
- Energy Recovery, Inc. (NASDAQ:ERII) VP Eric Siebert sold 1,900 shares of the business’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $11.02, for a total value of $20,938.00. Following the completion of the sale, the vice president now directly owns 73,205 shares in the company, valued […]
- 02/25/2020
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Energy Recovery, Inc. (NASDAQ:ERII) VP Eric Siebert Sells 1,100 Shares
- Energy Recovery, Inc. (NASDAQ:ERII) VP Eric Siebert sold 1,100 shares of the business’s stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $11.00, for a total transaction of $12,100.00. Following the completion of the transaction, the vice president now directly owns 73,205 shares in the company, valued […]
- 02/25/2020
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Emily Smith Sells 7,683 Shares of Energy Recovery, Inc. (NASDAQ:ERII) Stock
- Energy Recovery, Inc. (NASDAQ:ERII) SVP Emily Smith sold 7,683 shares of the stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $11.02, for a total value of $84,666.66. Following the sale, the senior vice president now directly owns 46,357 shares of the company’s stock, valued […]
- 02/25/2020
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Is Energy Recovery’s (NASDAQ:ERII) 225% Share Price Increase Well Justified?
- The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
- 02/21/2020
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Manufacturing Data This Week Look Strong. Why Investors Should Beware.
- Two manufacturing reports this week could leave an investor with the impression that the coronavirus, Boeing and trade war-related storms have passed for the beleaguered industrial sector. They haven’t.
- 02/20/2020
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Energy Recovery, Inc. (NASDAQ:ERII) Short Interest Down 9.8% in January
- Energy Recovery, Inc. (NASDAQ:ERII) was the target of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 4,490,000 shares, a decrease of 9.8% from the January 15th total of 4,980,000 shares. Currently, 11.8% of the company’s shares are sold short. Based on an average […]
- 02/17/2020
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Energy Recovery Promotes Two to Senior Vice President
- Rodney Clemente and Emily Smith named to senior leadership roles SAN LEANDRO, CA / ACCESSWIRE / February 10, 2020 / Energy Recovery, Inc . (NASDAQ:ERII) is pleased to announce the promotion of Rodney Clemente, ...
- 02/10/2020
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Energy Recovery management to meet with JMP Securities ERII
- Energy Recovery management to meet with JMP Securities ERII
- 02/07/2020
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Edited Transcript of LBRT.N earnings conference call or presentation 6-Feb-20 3:00pm GMT
- Q4 2019 Liberty Oilfield Services Inc Earnings Call
- 02/07/2020
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Did Energy Recovery, Inc. (NASDAQ:ERII) Use Debt To Deliver Its ROE Of 10%?
- While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
- 02/03/2020
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Zacks Investment Research Upgrades Energy Recovery (NASDAQ:ERII) to Buy
- Energy Recovery (NASDAQ:ERII) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report issued on Tuesday, Zacks.com reports. The firm currently has a $11.00 target price on the industrial products company’s stock. Zacks Investment Research‘s price objective would indicate a potential upside of 6.69% from the company’s previous […]
- 01/30/2020
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Energy Recovery : to Host Fourth Quarter and Fiscal Year 2019 Financial Results Conference Call on March 5, 2020 | MarketScreener
- SAN LEANDRO, CA / ACCESSWIRE / January 28, 2020 / Energy Recovery, Inc. today announced it will release its financial results for the quarterly period ended December 31, 2019 on… | January 28, 2020
- 01/28/2020
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Energy Recovery to Host Fourth Quarter and Fiscal Year 2019 Financial Results Conference Call on March 5, 2020
- SAN LEANDRO, CA / ACCESSWIRE / January 28, 2020 / Energy Recovery, Inc. (NASDAQ:ERII) today announced it will release its financial results for the quarterly period ended December 31, 2019 on Thursday, ...
- 01/28/2020
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Why Energy Recovery, Inc.'s (NASDAQ:ERII) High P/E Ratio Isn't Necessarily A Bad Thing
- This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...
- 01/27/2020
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Eric Siebert Sells 11,354 Shares of Energy Recovery, Inc. (NASDAQ:ERII) Stock
- Energy Recovery, Inc. (NASDAQ:ERII) VP Eric Siebert sold 11,354 shares of the company’s stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $10.51, for a total transaction of $119,330.54. Following the completion of the sale, the vice president now owns 72,236 shares in the company, valued at […]
- 01/25/2020
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What Does Energy Recovery, Inc.’s (NASDAQ:ERII) P/E Ratio Tell You?
- Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. We'll apply a basic...
- 01/19/2020
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Zacks: Brokerages Expect Energy Recovery, Inc. (NASDAQ:ERII) to Announce -$0.02 EPS
- Wall Street brokerages forecast that Energy Recovery, Inc. (NASDAQ:ERII) will post earnings of ($0.02) per share for the current fiscal quarter, Zacks reports. Two analysts have made estimates for Energy Recovery’s earnings, with the lowest EPS estimate coming in at ($0.03) and the highest estimate coming in at $0.00. Energy Recovery reported earnings of $0.03 […]
- 01/11/2020
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These 3 Stocks Are Screaming Buys Right Now
- Investing, for most of us, is all about growth. Frankly, we want our money to grow and bring in strong returns, and so we look for stocks with the best prospects for such growth. These don’t have to be the stocks that have been picking up the most recommendations in recent weeks, or the stocks that have outperformed the market in the past six months – those are good signs to look for, but sometimes, you need to dig a little deeper to find the stocks that are just getting ready to take off.This is where TipRanks’ Stock Screener comes in. The screener is a versatile tool with an array of filters to search over 6,000 stocks on the public markets. With a bit of creativity, you can find buying prospects in most of the categories. Today, we’ve found three companies from the smaller end of the stock market, the micro, small, and mid-cap stocks that don’t get as much press or Wall Street attention. They all hold unanimous Strong Buy consensus ratings from the analysts, so they deserve a look.Asure Software, Inc. (ASUR)We’ll start in the tech industry, with a micro-cap software company. Asure provides resources and solutions for human capital management (HCM), today’s catch phrase for the old HR department. The company’s systems can perform payroll, track attendance and time, as well as monitor and manage recruitment efforts, employee benefits, and insurance services. Asure believes that a smoothly running workplace bureaucracy will translate into easier workdays and satisfied employees, for everyone’s benefit.Business software and management systems are a profitable niche – no company can do without it, and once a provider has positioned itself as indispensable to its clients, it has a path to success. Asure’s Q3 numbers, while somewhat mixed, show an overall picture of such growth.First, recurring revenues gained in Q3, and pushed total sales to $24.6 million, missing the estimates but beating the year-ago number by 4.7%. EPS, at 11 cents, beat the estimates, although it was down year-over-year. Margins slipped a little, but remained robust at almost 66%. Asure finished the quarter with almost $13 million in cash and cash equivalents. ASUR shares are up 57% in 2019, more than double the gains of the S&P; 500 index.Lake Street analyst Eric Martinuzzi is suitably impressed ASUR’s performance. He wrote, earlier this month, “The company's recurring revenue is in excess of 90% of total revenue and the midpoint of its 2020 guidance anticipates $73M revenue and 15.7% adjusted EBITDA margin. [We view] Asure Software as an underappreciated turnaround story sustaining double-digit organic growth.” Backing up his upbeat review of the stock, Martinuzzi gives ASUR a Buy rating and a $12 price target, indicating room for a 50% upside. (To watch Martinuzzi’s track record, click here)ASUR’s Strong Buy consensus rating is based on 5 Buys set in the past two months. The fact that the Street sees this stock as primed for growth can be seen from the average price target, which at $11.80 suggests a 48% upside from the current share price of $8.00. (See Asure’s stock analysis at TipRanks) ViaSat, Inc. (VSAT)Software is great for on-site use, but the digital world requires secure communications. ViaSat is a mid-cap provider of secure networking systems and high-speed satellite broadband services. The company has clients in both the commercial and military markets. Based in Carlsbad, California, near San Diego, ViaSat has a market cap of $4.4 billion.Despite a slip in share price for the company in 2H19, the VSAT stock is still up 21% for the year. Its most recent earnings report, for fiscal Q2 2020, beat the forecasts for both revenues and earnings. The top line came in at $592.3 million, a solid number that beat the estimates by 4.2% and the year-ago figure by 14%. EPS did even better, showing a 5-cent profit where analysts had expected a 12-cent loss. It was the fourth quarter in a row that VSAT had beaten the estimates.5-star analyst Richard Valera, from Needham, wrote after the quarterly report, “VSAT reported strong F2Q20 results that exceeded our model across all metrics, aided by earlier than expected receipt of some Gov't business… A continued focus on adding fewer, higher-bandwidth plan retail subs and an improving mix of higher bandwidth service plans is driving … revenue growth on flattish net subs.” Valera kept his Buy rating on the stock, while setting a price target of $90 for a 26% upside. (To watch Valera’s track record, click here.)Also bullish on VSAT is J.P. Morgan analyst Philip Cusick. He gave the stock an upgrade, raising his view of it from Neutral to Buy on expectations that the shares will outperform the market in the coming months. Cusick also gave VSAT shares a 7% increase in the price target, to $90. (To watch Cusick’s track record, click here)VSAT picked up 3 Buy reviews after last month’s Q2 report, giving the stock its Strong Buy consensus rating. Shares are priced at $71.58, but the average target is $108, suggesting a robust 51% upside potential. (See ViaSat’s stock analysis at TipRanks) Energy Recovery, Inc. (ERII)This specialized industrial tech company focuses on energy recycling and efficiencies in fluid industries. That sounds like a mouthful, but it’s easily explained: ERII develops systems to improve high pressure pumps as well as to derive usable energy from differences in liquid pressures and compositions.OK, that’s still a mouthful. But what you need to know is that Energy Recovery fills a necessary niche in the seawater desalination and the oil and gas industries. The company’s products allow pumps and piping systems to run more efficiently. And that niche has pushed ERII stock to a 39% year-to-date gain.The stock has been volatile in 2H19 however, as the company has experienced serious churn in upper management. This was the second year in a row that ERII saw the CEO leave on short notice. It was no surprise, then, that ERII was expected to miss the forecasts on the Q3 earnings. The actual numbers told a different story, however, with stronger than anticipated results. EPS clobbered the forecast, coming in at 7 cents against the expected 2 cents, while the quarterly revenues of $24.9 million, showed year-over-year growth of 12%.Evercore analyst James West sees plenty of potential for ERII, despite the unfortunate management turnover. He notes that the company has plenty of projects to develop, writing, “ERII continues to strengthen its backlog of Water projects and sees additional opportunities in the pipeline that it invested into expanding its manufacturing capabilities. This backlog visibility also provided management with the confidence to give some rough revenue guidance for its Water segment for growth of at least 20-25% in 2020 and an additional 10-15% in 2021.” In line with his optimism on the stock, West gives ERII a Buy rating, and his $16 price target implies strong 71% upside growth in the coming year. (To watch West’s track record, click here)Overall, ERII shares have 4 recent Buy ratings to back the Strong Buy consensus view. The average price target of $14 suggests a premium of 50% from the current trading price of $9.35. (See Energy Recovery’s stock analysis at TipRanks)
- 12/19/2019
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Is Energy Recovery, Inc. (ERII) A Good Stock To Buy?
- How do we determine whether Energy Recovery, Inc. (NASDAQ:ERII) makes for a good investment at the moment? We analyze the sentiment of a select group of the very best investors in the world, who spend immense amounts of time and resources studying companies. They may not always be right (no one is), but data shows […]
- 12/15/2019
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Did Energy Recovery's (NASDAQ:ERII) Share Price Deserve to Gain 86%?
- Energy Recovery, Inc. (NASDAQ:ERII) shareholders might be concerned after seeing the share price drop 13% in the last...
- 12/12/2019
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Energy Recovery Wins $16.6M In Water Awards
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Energy Recovery Wins $16.6 Million of Water Awards, Including First Mega-Project Thermal Desalination Conversion Award
- SAN LEANDRO, CA / ACCESSWIRE / December 5, 2019 / Energy Recovery, Inc . (NASDAQ:ERII) today announced total awards of $16.6 million (USD) to supply PX ® Pressure Exchangers ® (PX) and related equipment ...
- 12/05/2019
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