secwatch.observer — SEC 8-K summary
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Issuer:     Energy Recovery, Inc. (ERII)
CIK:        0001421517
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001421517-22-000149
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Energy Recovery Q3 revenue $30.5M (+47% YoY); net income $4.8M
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- Revenue $30.5M, up 47% YoY; gross margin 69.1% vs 70.6% prior year.
- Net income $4.8M ($0.08 EPS) vs $1.1M ($0.02); adjusted EPS $0.12.
- Adjusted EBITDA $7.7M, up 109% YoY.
- FY 2022 revenue guidance $121-$125M (16-20% growth).
- Installed PX G1300 at Vallarta Supermarkets; shipping units for refrigeration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1421517/000142151722000149/0001421517-22-000149-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1421517/000142151722000149/erii-20221102.htm
  HTML page:      https://secwatch.observer/filing/0001421517-22-000149

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer