Energy Recovery Q3 Adj. EPS $(0.10) Misses $(0.01) Estimate, Sales $11.196M Miss $16.205M Estimate

Benzinga Newsdesk 6 hours ago

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Energy Recovery (NASDAQ:ERII) reported quarterly losses of $(0.10) per share which missed the analyst consensus estimate of $(0.01) by 900 percent. This is a 183.33 percent decrease over earnings of $0.12 per share from

Energy Recovery (NASDAQ:ERII) reported quarterly losses of $(0.10) per share which missed the analyst consensus estimate of $(0.01) by 900 percent. This is a 183.33 percent decrease over earnings of $0.12 per share from the same period last year. The company reported quarterly sales of $11.196 million which missed the analyst consensus estimate of $16.205 million by 30.91 percent. This is a 65.01 percent decrease over sales of $32.000 million the same period last year.

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