MARKET COMPOSITE
ERII - Energy Recovery Inc8:00:00 PM 4/26/2024
Price
$14.20
+ 0.01 (0.07%)
Energy Recovery Inc. manufactures energy recovery devices for oil and gas, chemical and water industries globally. Different applications of the company’s core technologies harness untapped fluid energy or facilitate the transfer of energy between two different fluids, reducing overall operating costs and carbon emissions in a variety of industrial applications such as desalination, ammonia production, gas processing, and hydraulic fracturing. Energy Recovery produces its equipment in a facility located at the company’s headquarters. Energy Recovery is based in San Leandro, California, with international offices in Dublin, Ireland; Dubai, United Arab Emirates; and Shanghai, China.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue57.2MM+54%
Gross Profit39.5MM+53%
Cost Of Revenue17.7MM+59%
Operating Income20.6MM-
Operating Expenses18.9MM+13%
Net Income19.8MM-
R&D5MM+25%
G&A7.2MM-3%
Marketing6.8MM+25%
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