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Energy Recovery Q1 2024 Adj EPS $(0.08) Beats $(0.14) Estimate, Sales $12.090M Miss $13.496M Estimate

Author: Benzinga Newsdesk | May 01, 2024 05:03pm

Energy Recovery (NASDAQ:ERII) reported quarterly losses of $(0.08) per share which beat the analyst consensus estimate of $(0.14) by 42.86 percent. This is unchanged from the same period last year. The company reported quarterly sales of $12.090 million which missed the analyst consensus estimate of $13.496 million by 10.42 percent. This is a 9.78 percent decrease over sales of $13.401 million the same period last year.

Posted In: ERII