8-K
filed July 31, 2024, 7:59 PM ET
ticker ERII
CIK 0001421517
earnings
confidence high
sentiment positive
materiality 0.70
Energy Recovery beats Q2 revenue guidance; reports $27.2M revenue, up 31% YoY
Energy Recovery, Inc.
2024-Q2 EPS reported
-$0.16
revenue$39,289,000
- Revenue of $27.2M exceeded guidance of $20-25M; up 31% YoY from $20.7M.
- Gross margin 64.6% down 80 bps YoY; operating expenses up 21.4% to $19.6M.
- Net loss improved to $0.6M from $1.7M; adjusted EBITDA $5.2M.
- Full-year revenue guidance reaffirmed at $140-150M; nine PX G1300 deployments commissioned.
- Cash and investments $138M; free cash flow $7.9M in Q2.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001421517-24-000170
- form_type
- 8-K
- ticker
- ERII
- cik
- 0001421517
- company_name
- Energy Recovery, Inc.
- filed_at
- 2024-07-31T23:59:59+00:00
- discovered_at
- 2026-05-14T18:03:13.004330+00:00
- generated_at
- 2026-05-31T14:19:40.905083+00:00
- sec_items
- ["2.02", "9.01"]
- event_type
- earnings
- sentiment
- positive
- materiality_score
- 0.7
- calibrated_materiality_score
- 0.7
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001421517-24-000170
- json_url
- https://secwatch.observer/filing/0001421517-24-000170.json
- markdown_url
- https://secwatch.observer/filing/0001421517-24-000170.md
- text_url
- https://secwatch.observer/filing/0001421517-24-000170.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1421517/000142151724000170/0001421517-24-000170-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1421517/000142151724000170/erii-20240731.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
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