Energy Recovery Sets Product Revenue Record in the First Quarter
SAN LEANDRO, CA / ACCESSWIRE / May 6, 2021
/ Energy Recovery, Inc. (Nasdaq:ERII) today announced its financial results for the first quarter ended March 31, 2021. The Company posted record-high quarterly product revenue in its core Water segment with 52% growth compared to the first quarter of 2020. Today, Energy Recovery is at a key inflection point as we embark on a path of sustainable, disciplined, and diversified growth. First, we must protect and grow our seawater desalination business, which is thriving as our quarterly results show, said Robert Mao, Chairman of the Board, President, and Chief Executive Officer of Energy Recovery.
Energy Recovery to Host First Quarter 2021 Financial Results Conference Call on May 6, 2021 tennesseedaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tennesseedaily.com Daily Mail and Mail on Sunday newspapers.
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. Robert Mao, Chairman of the Board of Directors and President and Chief Executive Officer, and Joshua Ballard, Chief Financial Officer, will host the conference call and take analyst questions after prepared remarks.
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New Energy Recovery Product Delivers Greater Efficiency And Sustainability In Industrial Wastewater Treatment - The Ultra PX
Energy Recovery Announces Second Contract for the Ultra PX
Energy Recovery today announced its second contract award for the Company s new Ultra PX energy recovery device, which will support the industrial wastewater treatment operations of a natural gas plant in the Sichuan Province of China. Energy Recovery previously announced during the Company s Q3 2020 earnings conference call its first Ultra PX contract to support the operations of a chemical manufacturer in central India. That project has shipped and is scheduled for commissioning by Q2 2021.
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Energy Recovery Announces Second Contract for the Ultra PX
SAN LEANDRO, CA / ACCESSWIRE / February 3, 2021 / Energy Recovery (NASDAQ:ERII) today announced its second contract award for the Company s new Ultra PX energy recovery device, which will support the industrial wastewater treatment operations of a natural gas plant in the Sichuan Province of China. Energy Recovery previously announced during the Company s Q3 2020 earnings conference call its first Ultra PX contract to support the operations of a chemical manufacturer in central India. That project has shipped and is scheduled for commissioning by Q2 2021.
Energy Recovery s Ultra PX is designed to dramatically reduce the energy needs, costs and environmental impacts associated with treating industrial wastewater in Ultra High-Pressure Reverse Osmosis ( UHPRO ) applications. The Ultra PX recovers up to 60 percent of wasted energy when applied to UHPRO systems.