ERII Q1 2024 Earnings — Energy Recovery, Inc. Revenue & Financial Results | Market Cap Arena

ERIIEnergy Recovery, Inc.

$586M

Q1 2024 Earnings

Industrials Industrial - Pollution & Treatment Controls

Income Statement

Revenue

$12M-9.8% YoY

Gross Profit

$7M59.0% margin

Operating Income

-$11M-90.4% margin

Net Income

-$8M-68.3% margin

EPS (Diluted)

$-0.14

QoQ Revenue Growth

-78.9%

Cash Flow

Operating Cash Flow

$6M

Free Cash Flow

$6M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$244M

Total Liabilities

$28M

Stockholders' Equity

$216M

Cash & Equivalents

$71M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$12M	$13M	-9.8%
Gross Profit	$7M	$8M	-12.5%
Operating Income	-$11M	-$8M	-34.8%
Net Income	-$8M	-$6M	-31.2%

Revenue Segments

Water Segment

$12M100%

Emerging Technologies Segment

$1,0000%

Geographic Segments

Middle East And Africa

$5M40%

Americas

$4M33%

Asia

$2M16%

Europe

$1M11%