ERII Q1 2023 Earnings — Energy Recovery, Inc. Revenue & Financial Results | Market Cap Arena

ERIIEnergy Recovery, Inc.

$586M

Q1 2023 Earnings

Industrials Industrial - Pollution & Treatment Controls

Income Statement

Revenue

$13M-58.8% YoY

Gross Profit

$8M60.9% margin

Operating Income

-$8M-60.5% margin

Net Income

-$6M-47.0% margin

EPS (Diluted)

$-0.11

QoQ Revenue Growth

-68.3%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

$8M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$208M

Total Liabilities

$26M

Stockholders' Equity

$182M

Cash & Equivalents

$66M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$13M	$33M	-58.8%
Gross Profit	$8M	$23M	-64.6%
Operating Income	-$8M	$8M	-198.6%
Net Income	-$6M	$8M	-179.8%

Revenue Segments

Water Segment

$13M99%

Emerging Technologies Segment

$105,0001%

Geographic Segments

Water Segment

$3M100%