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Energy Recovery Q1 Adj. EPS $(0.11) Misses $(0.09) Estimate, Sales $9.706M Beat $8.371M Estimate

Benzinga05-07 04:23

Energy Recovery (NASDAQ:ERII) reported quarterly losses of $(0.11) per share which missed the analyst consensus estimate of $(0.09) by 22.22 percent. This is a 15.38 percent increase over losses of $(0.13) per share from the same period last year. The company reported quarterly sales of $9.706 million which beat the analyst consensus estimate of $8.371 million by 15.95 percent. This is a 20.35 percent increase over sales of $8.065 million the same period last year.

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