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Market Impact: 0.2

Energy Recovery (ERII) Reports Q1 Loss, Tops Revenue Estimates

ERII
Corporate EarningsCompany FundamentalsAnalyst Estimates

Energy Recovery reported a quarterly loss of $0.11 per share, slightly wider than the Zacks Consensus Estimate for a $0.10 loss. The result was modestly worse than expectations but improved from a $0.13 loss per share a year ago. This is a routine earnings update with limited likely market impact.

Analysis

Energy Recovery reported a quarterly loss of $0.11 per share, slightly wider than the Zacks Consensus Estimate for a $0.10 loss. The result was modestly worse than expectations but improved from a $0.13 loss per share a year ago. This is a routine earnings update with limited likely market impact.

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neutral

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-0.10

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ERII-0.20